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Please help Paper, Inc., a corporation organized in Germany, has the following owners, all owner voting shares: 15% owned by Ben, a US individual 10%
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Paper, Inc., a corporation organized in Germany, has the following owners, all owner voting shares:
- 15% owned by Ben, a US individual
- 10% owned by Sarah, a US individual
- 75% Fork, LLP, a foreign partnership
- Fork has the following partners
- 15% owned by Abigail, a US individual
- 15% owned by Helen, a US individual
- 15% owned by Lauren, a US individual
- 10% owned by Abe, a US individual
- 10% owned by Adele, a US individual
- 15% owned by Mark, a foreign individual
- 15% owned by Nate, a foreign individual
- 5% owned by Lynn, a foreign individual
Is Paper Inc. a CFC? Who are the US shareholders?
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