Subpart F:  Section 956
Channel: International Tax
Date: 2016-06-08

An explanation of the rules requiring U.S. shareholders of controlled foreign corporations to include in their income their share of the CFC's investment in U.S. property.  The IRS released a notice in March, 2019, making this obsolete for U.S. C corporations beginning in 2018, but it is still relevant for individuals.