Form 1118 (Rev. 1-80)

Page 4

Computation of Tax Deemed to Have Been Paid by First-tier Foreign Corporations
The fo!lowing lines are for the computation of tax deemed to have been paid by a first-tier foreign corporation with respect to

dividends from a second-tier foreign corporation under section 902(b)(1). Enter the amounts from column 11 in Schedule C, column 9.

5. Foreign Tax

11. Tax Deemed
to Have

Paid or Accrued 8. Foreign
3. Incorporated 9. Tax
oN: Fe 2 arora on Gains, 6. Earni a Tax Pal Been Paid by
consi tin a2 Etatea | dir | UNMET ME LEW | 4, csing, proms, | prottey'ara | G.camineyent | | | Aserued on, | Peep! | 10. cotumae | related Foreign
Higher-Tier Foreign Gee | (Name of countey and Ine Income {Column 4 ccumulates (From Plus, Corporation
Corporation inst.) or US. for Year (ated receipt | less column 5) Center nts unt | Schedule E, column Se rg
possession) ‘or copy of from column 5)| column 11) multiplied by
return) column 10)
STC Computation of Tax Deemed to Have Been Paid by Second-tier Foreign Corporations
The following lines are for the computation of tax deemed to have been paid by a second-tier foreign corporation with respect to
dividends from a third-tier foreign corporation under section 902(b)(2). Enter the amounts from column 11 in Schedule D, a 7
So _
__
__
_
‘Ze US. GOVERNMENT PRINTING OFFICE : 1980—-0-313-318 313-318-1


rom 1118

(Rev. Jan. 1980)
Department of the Treasury
Internal Revenue Service

Computation of Foreign Tax Credit—Corporations

For calendar year 19..

, of other taxable year beginning

.. and ending

+ 19.

Name

Employer Identification number

This form is being completed for credit with respect to:
(Use a separate Form 1118 for each type
of income. See General Instruction J.)

LJ Section 904(d) Interest Income

(] Dividends from a DISC or Former DISC
( Foreign Oil Related Income (Also complete separate Schedule F, Form 1118)
{1 All Other Income from Sources Without the U.S.

Taxable Income or (Loss) From Sources Without the United States

1. Name of Foreign
Country or U.S.

Gross Income or (Loss) From Sources Without the U.S, (Exclude Foreign Branch and Section 663(b) Gross Income—See Instructions)

. Gro: . Ordi
yromestion’” | 2,,Dividends xe] 2eDWEr4 |g soterege | pani $55eiues, | nesme fiom |7 oregn Source | Tacoma or a re
line for each) (Section 78) and License Fees ot Sorvines Net Income forinerships schedule) 2 through 9)
A
B
Cc
D
E
|
G
Totals (Add lines A through 6) .
Deductions (Exclude Foreign Branch and Section 863(b) Deductions—See Instructions)
: 15. Taxable Ine | 16 Total Taxable
11. Definitely Allocable Deductions 14, Taxable in- | 25. Texable In | incomo. or (Loss)
, ; 12. Ratable Part 13. Total coe rere | Apportioned to | Tom ourgss Mae:
Rental, Royalty, and Licensing Expenses c. Expenses a. Other e. Total Defi | of Deductions not pejuetts Branches Sources With | fore loss recap-
ited; | Geamtely | suaecrein, | “cette a” | aslestmae | yltomuoaesss, | diver Seton | fae? Gatun 1g
a. Depreciation, b. Other Performance illecable columns. 11(a) ‘schedule) 14) and 12) | (attach schedule) | 8630 (Attach | plus columns 14
Copletion, and Expenses through 11(a)) ‘schedul plus
A
B
c
D
E
F
G
Totals|
313-318-1 Form 1118 (Rev. 1-80)


Form 1118 (Rev. 1-80)

Page 2

Schedule B

PART I.—Foreign Taxes Paid or Accrued and Deemed to Have Been Paid

1, Credit is

Claimed for Taxes: at
ype
Paid Accrued of
O O Tax
Date Paid Date Accrued

3. Statute Im-

section, etc.
Identify in
detail)

‘4. Foreign Taxes Paid or Accrued (Attach recelpt or copy of return, and a
schedule showing amounts in foreign currency and conversion ratets) used)

Tax Withheld at Source on:

Other Foreign Taxes Pald or Accrued on:

a. Dividends

b. Interest

©. Rents,

Royalties, and
License Fees

d. Branch | e. Services

income Income ship Income

g. Other

h, Total Foreign
Taxes Paid or
Accrued (Add
columns 4(a)
through 4(g))

5. Tax Deemed
‘to Have Been
Paid (From
Schedule C,
column 11)

Olalm lola lal>

Totals (Add lines A through G)_.

PART Il.—Computation of Foreign Tax Credit

1 Total foreign taxes paid or accrued (from Part I, column 4(h), “Totals” line). .
2 Total taxes deemed to have been paid (from Part |, column 5, “Totals” line). . . .
3 Reduction for taxes under sections 901(e), 907(a), 1503(b), and 6038 (see also General Instruction N—attach schedule)

4 Carryback or carryover (attach schedule showing computation in detail—see General Instruction L) .

5 Total foreign taxes (subtract line 3 from the total of lines 1,2, and 4) .
6 Total taxable income or (loss) from sources without the U.S. (before loss recapture) (from Schedule A, *colurnn 16, “Totals” line)
7 Recapture of prior year overall foreign losses (see General Instruction K(3)).  .

8 Subtract line 7fromline6 . . . 2 e

9 Total taxable income from all sources (enter taxable income from your tax return) .

10 Adjustments to total taxable income from all sources (see General Instructions K(2), K(4), and K(5))

11 Subtract line 10 fromline9. . .

12 Line 8 divided by line 11 (if line 8 is greater than line 11, enter the figure “vy.
13 Total U.S. income tax against which credit is allowed (after section 936 credit but before any othercredit) . . 2... . -

14 Limitation (line 13 multiplied by line 12) .

15 Foreign tax credit (line 5 or line 14, whiche

ver is less) «

=—

PART tll.—Summary of Credits from Separate Forms 1118

1 Credit with respect to section 904(d) interest. . . .
2 Credit with respect to dividends from a DISC or former DISC. . .
3 Credit with respect to foreign oil related income . .

4 Credit with respect to all other income from sources without the United States

5 Total (add lines 1 through 4) be ee

6 Reduttion in credit for international boycott bperations (see Gefieral Instruction N).

7 Total foreign tax credit (subtract line 6 from line 5). Enter here and on your tax return .

313~318-2


Form 1118 (Rev. 1-80)

Page 3
ECIceMcmem Computation of Taxes Deemed to Have Been Paid by Domestic Corporation Filing This Return

The following lines are for the computation of tax deemed to have been paid by the domestic corporation filing this return with respect to actual
or deemed distributions from a first-tier foreign corporation under section 902(a), and constructive distributions from a first-tier, second-tier, or
third-tier foreign corporation under section 960(a). Enter the amounts from column 11, in Schedule B, Part I, column 5.

mputation is for
Gos spp SBhe bo:

11, Tex Deemed
5. Foreign Tax 8. Foreign 10 Have
2 3. Incorporated |———_—>_—_ 7 | Paid or Accrued | . 2, Qlvidends Tax Paid'or 9. Tax Been, Pald
lame of Corporation a Under the Laws First-tier Secor ‘on Gains, Earnings and | Paid (See In- Accrued on | Deemed Paid | 10. Column 8 y Domestic
% Renting DISCs and Year of Foreign or Third-tier] Profits, and Profits for Year structions) (Go Accumulated (From Plus Corporation
former DISCs) £858, |_cvame of country Corporation Foreign | Income for Year | (Gee este] nok include Profits Schedule D, Column 9 | Filing This Return
inst) | or US. possession) sunset Corporation | (attach receipt ‘or| for exceptions) eseUP, | enter-amount | column 13) Colurmn 7 divided
——_} eatin} COPY OF Feture) from column 3) mmaltipiied by
902(@) | 960(a) | 960%0) column 10)

Totals . . .

313-318-1