2416: Schedule of Included Controlled Foreign Corporations (CFC) (2025)
California · FTB · Used for tax years 2025
California Form 2416 lists included controlled foreign corporations (CFCs) and attaches to Form 100W. It reports each corporation’s location, business activity, Subpart F income, current-year earnings and profits, net income, property, rent expense, payroll, and sales, along with
What you'll need
To complete the 2025 schedule, have the corporation name and California corporation number ready.
For each listed CFC, gather:
- Corporation name, country of incorporation, and country of primary business activity.
- Principal business activity code.
- Subpart F income and current-year earnings and profits.
- Net income, average property everywhere, rent expense, payroll everywhere, and sales everywhere.
How to file
Attach the 2025 Form 2416 to Form 100W. Attach additional sheets if necessary.
Enter the total from column (i) on Form 100W, Side 1, line 7a.
Common mistakes
The form includes these reminders:
- Attach Form 2416 to Form 100W.
- Attach additional sheets if necessary.
- Transfer the total from column (i) to Form 100W, Side 1, line 7a.
Questions people ask
What is Form 2416 called?
It is the Schedule of Included Controlled Foreign Corporations (CFC). This version is for taxable year 2025.
How is the percentage in column (g) calculated?
Divide Subpart F income in column (e) by current-year earnings and profits in column (f).
How is column (i) calculated?
Multiply the percentage in column (g) by net income in column (h). Enter the total from column (i) on Form 100W, Side 1, line 7a.
What if I need more space?
The form says to attach additional sheets if necessary.