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Question 2c

Your manager has forwarded an email to you from Ms Driver, the acting finance director of Set Ltd. 
Background  information from your manager and the email from Ms Driver are set out below.

Regards
Ms Driver

Required: Provide the explanations requested in the email from Ms Driver.
The following marks are available:

(c) Dee Co and En Co – controlled foreign company (CFC) charge.      (4 marks)

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