Controlled Foreign Corporation (CFC) Rules are little understood. Nearly all major countries have them. CFC rules are intended to stop people from using offshore companies to avoid tax. There are still some countries that don't have any CFC rules. This video highlights 8 countries that don't have any.
If you live in a high tax country and are planning to use an offshore company to reduce your taxes you must consider CFC rules and take high level advice to avoid running afoul of them.
See www.libertymundo.com for more details.
