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What does CFC stand for?

Asked by Anonymous Sep 02, 2026 1 views 1 answers
Find out What does CFC stand for and explore helpful information and answers.
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Answered Sep 02, 2026

In international business and tax law, CFC most commonly stands for Controlled Foreign Corporation, which refers to a corporate entity registered abroad where majority voting power or stock value is controlled by domestic taxpayers. In the context of the Middle East, specifically Kuwait, CFC represents the Commercial Facilities Company, a major pioneer in installment credit and consumer financing.

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