A US corporation owns a CFC in a low$-$tax country. The CFC earns significant passive income $($interest$,$ dividends$).$ Under Subpart F$,$ which is most likely true?

$($a$)$ The passive income is not Subpart F income.

$($b$)$ The income is only Subpart F if not reinvested.

$($c$)$ The income is automatically Subpart F$,$ taxed to the US corporation regardless of repatriation.

$($d$)$ The US corporation can elect to treat the CFC as domestic, eliminating Subpart F$.$

$($e$)$ Subpart F only applies to CFCs in high$-$tax jurisdictions.