### Question
How does the law define United States-owned foreign corporation?


### Answer
Under *26 U.S.C. § 535*, **United States-owned foreign corporation** is defined as:

> given to such term by section 904(g)(6).

#### Citation:
  - *26 U.S.C. § 535*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter G-Corporations Used to Avoid Income Tax on Shareholders > PART I-CORPORATIONS IMPROPERLY ACCUMULATING SURPLUS**

