LO.3 USCO owns 65% of the voting stock of LandCo, a Country X corporation. Terra, an unrelated Country Y corporation, owns the other 35% of LandCo. LandCo owns 100% of the voting stock of OceanCo, a Country Z corporation. Assuming that USCO is a U.S. shareholder, do LandCo and OceanCo meet the defi- nition of a CFC? Explain.