CAF-2 · Chapter 4 · Question 6 of 15
Which of the following entities qualifies as a "Public Company" for tax purposes?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) C) A company in which a foreign government holds 50% or more of the shares.
Explanation
A public company includes a company in which not less than 50% of the shares are held by a foreign Government, or a foreign company owned by a foreign Government.
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