Definition
CFC: A foreign company controlled by Israeli residents (50%+ ownership) and most of its income is passive (interest, dividend, royalties, rent).
Conditions
- Israeli control 50%+
- Passive income 50%+
- Effective tax lower than 15%
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.