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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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What is cfcmod?
CFCMOD stands for Controlled Foreign Corporation Minimum Tax. It is a tax imposed on certain foreign corporations with U.S. shareholders.
Who is required to file cfcmod?
U.S. shareholders of controlled foreign corporations are required to file cfcmod.
How to fill out cfcmod?
CFCMOD must be filled out according to the instructions provided by the IRS for Form 5471.
What is the purpose of cfcmod?
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.
What information must be reported on cfcmod?
Information such as the controlled foreign corporation's income, expenses, and tax liability must be reported on cfcmod.
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