Subpart F CFC Income Calculator

Subpart F income forces US shareholders of Controlled Foreign Corporations (CFCs) to pay US tax on certain passive and base-company income — even if the cash stays in the foreign subsidiary. Calculate your inclusion and tax.

Passive: interest, dividends, royalties, rents
Must own 10%+ to be US Shareholder
Total Subpart F
Your Inclusion
US Tax Owed Now
FPHCI
FBCI (sales/services)
Other Subpart F
Total CFC Subpart F income
Your pro-rata share (ownership %)
Less: high-tax exclusion (>90% US rate)
Net Subpart F inclusion
US tax + foreign tax credit
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Subpart F (IRC §§951-964) requires US shareholders of Controlled Foreign Corporations (CFCs) to pay current US tax on certain passive and base-company income — even if the cash stays in the foreign subsidiary. This is anti-deferral legislation enacted in 1962 to prevent US shareholders from sheltering passive income in low-tax jurisdictions.

Who's a US Shareholder / CFC

US Shareholder: US person owning ≥10% voting power of a foreign corporation. CFC: foreign corporation with US shareholders owning >50% combined. If you're a US Shareholder of a CFC, you must include your pro-rata share of Subpart F income on your US return — regardless of distribution.

Categories of Subpart F

(1) FPHCI: Foreign Personal Holding Company Income — passive income including dividends, interest, royalties, rents, capital gains. (2) FBCSI: Foreign Base Company Sales/Services Income — sales/services between related parties where neither manufacture nor consumption is in CFC's country. (3) Insurance income. (4) Boycott income.

High-Tax Exclusion

If the foreign tax rate on a particular CFC's tested income exceeds 90% of the US corporate rate (currently 21% × 90% = 18.9%), the C-corporation US shareholder can elect to exclude that income from Subpart F. Saves US tax — but locks you out of the foreign tax credit on that income. Election made annually on Form 5471.

Last updated May 2026. Sources: IRS CFC Overview, IRS Form 5471.