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Vermont Department of Disabilities, Aging and Independent Living CFC MOD 900 Rev. 06/2017Choices for Care Moderate Needs Group Application Instructions: The Moderate Needs program is for adult Vermonters
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CFCMOD stands for Controlled Foreign Corporation Minimum Tax. It is a tax imposed on certain foreign corporations with U.S. shareholders.
U.S. shareholders of controlled foreign corporations are required to file cfcmod.
CFCMOD must be filled out according to the instructions provided by the IRS for Form 5471.
The purpose of cfcmod is to ensure that U.S. shareholders of controlled foreign corporations are paying their fair share of taxes on foreign income.
Information such as the controlled foreign corporation's income, expenses, and tax liability must be reported on cfcmod.
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