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CP 1: Attributed income of investors in multi-rate PIEs
or “How income from special investment funds is counted for tax”
You could also call this:

“Income from foreign companies you control counts as your income”

If you have attributed controlled foreign company income, it counts as income for you. An attributed controlled foreign company is often called a CFC. This means that any money you get from a CFC is treated as part of your income. This is important because the government considers this type of income when they look at how much money you’ve made.

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Next up: CQ 2: When attributed CFC income arises

or “When you might have income from a controlled foreign company”
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Part C Income
Attributed income from foreign equity

CQ 1Attributed controlled foreign company income

  1. Attributed controlled foreign company (CFC) income of a person is income.

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