• Condition 2 - Does the CFC have a permanent establishment in its country of residence?

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    The CFC must carry on business through a permanent establishment in its country of residence for the whole of a statutory accounting period in which it is in existence.

    Last modified: 05 Dec 2006QC 17522