Taxation of Earnings for Controlled Foreign Corporation Invested in U.S. Property. TCP CPA Exam

[@shijicsam6043]

I always find time to watch and understand your videos. I'm a chartered accountant from India and am thinking about starting CPA after watching your videos

[@qiuyunwang7515]

Hi prof. Farhat, for example question, Green Corp (CFC), the 3rd Qtr year 2, invested 2M in us property, the fourth still showed 2M, did that mean the fourth qtr didn't increase the investment in us property. So total investment in US property in year 2 should be 2M. Thus, the average should be 0.5M per qtr.