DomCo $($a domestic corporation$)$ owns $100\%$ of ForCo $($a foreign corporation$),$ which operates outside of the United States. Which of the following statements is correct?

a$.$ ForCo is not considered a controlled foreign corporation $($CFC$).$

b$.$ ForCo's Subpart F income will generally be treated as deemed dividend subject to immediate recognition by DomCo.

c$.$ ForCo's income will be subject to current taxation in the United States because ForCo is a foreign subsidiary.

d$.$ ForCo is considered a foreign branch of DomCo.