Form 1118 (Rev. 1-77)

Page 4

CITTMICE EN Computation of Tax Deemed to Have Been Paid by First-tier Foreign Corporations

The followi

poration under section 902(b)(1).

nter the amounts from column 11 in Schedule C, column 9.

fines are for the somputation of tax deemed to have been paid by a first-tler foreign corporation with respect to dividends from a second-tier foreign cor-

8. Foreign 11, Tax Deemed
1. Name of F 2. | Snder tie awe 6. Earnings and eerued of Beertts Been Pal by
lame ‘oreign inc 4. Gains, Profits, me
corseahee tee Sram | ES | ame Sf county |" eyeiconTM PINS |. xcann rus | pence | "RR | 1 gre ® | Eta et
Corporation Inst) or U. for Year less column 5) (Enter Amount | schedule E. column 9 | (Column 7 divided
possession) S—seo inst. | column 11) ‘multiplied by
for exceptions) column 10”
SST Mae 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 cor-
poration under section 902(b)(2). Enter the amounts from column 11 in Schedule D, column 9.

1% US, GOVERNMENT PRINTING OFFICE : 198—-O-S78-315 23.0916780


rom 1118

(Rev. Jan 1977)
Department of the Trea:
Internal Revenue Service

Computation of Foreign Tax Credit—Corporations

For calendar year 19.

, or other taxable year begin

4

19.

, and ending ........

Name

Employer Identification number _

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

oO Section 904(d) Interest Income
(D Dividends from a DISC or Former DISC
1) Foreign Oil Related Income (Also complete separate Schedule F, Form 1118)

FD Income from Scurces Within U.S. Possessions (limitation method p> ["] Per-country OR ["] overall)
[1 All Other Income from Sources Without the U.S.

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

1, Name of Foreign

Gross _Income or (Loss) From Sources Without the U.S, (Exclude Foreign Branch and Section 863(b) Gross Income—See Instructions)

Country or US. 6. Gross 6. Gross 7. Forei 8. Ordinary
in vider ne . Gri . . Foreign Source 9. Other 10. Total
se ete 2., Dividends (Ex Rents, Royalties, | jncgme from Capital Gain ere or (attach (Add columns
Tine for each) and License Fees ot Services Net’ Income Shoe) from, schedule) 2 through 9)
Totals (Add lines A through G)
Deductions (Exclude Foreign Branch and Section 863(b) Deductions—See Instructions) 16. Tote! Taxable
al Tax
11. Definitely Allocable Deductions 14. Taxable In. | 25 Taxable In. | income or (Loss)
come.or (Loss) | Gemortioned to | fram Sources With:
is 12, Ratable Part 13, Total Sources With: | out, the ee
Rental, Royalty, and Licensing Expenses €. Total Defi. | of Deductions not Deductions Sources With’ | fore Loss Recap-

a. Depreciation,

nitely Allocable
Deductions (Add

Definitely Allo-
cable (Attach

(Add columns,
11(e) and 12)

Without the U.S.

under Section
863(b) (Attach

ture) (Column 10
less column 13

‘epletion, and Borner golumns 11(8) schedule) (Attach schedule) schedule) plus columns 14

“A
ss

c

D
>
“F |
<
Totals!

Form 1118 (Rev. 1-77)


Form 1118 (Rev. 1-77)

Schedule B

PART 1.—Foreign Taxes Paid or Accrued and Deemed to Have Been Paid
4. Foreiga Ti id or Accrued (Attach recel Fret
Claimed tor Yoxes: 3. Statute im. schedule Showing: arncunts in foreign currency and conversion fa
OO pai (1 Acceues | TM af?* tie umber, Tox Withheld at Source on: Other Foreign Taxes Pald or Accrued on: faxes ald of 4
Ta section, etc. . Rents, y A(a) ‘Schedule C,
Date Paid | Date Accrued 7 ‘agetaly.” | & Dividends |b. Interest Royalties and Sincome” | “insome’TM p incom other | through 4p) | Column i)
AL
8.
=
_m
=
a
7
Totals (Add fines A through G) Wa Y Yi

PART 1I,—Computation of Foreign Tax Credit

1 Total foreign taxes paid or accrued (From Part I, column 4(h), “Totals” fine). 2. 1. ee ee ee

2 Total taxes deemed to have been paid (From Part I, column 5, “Totals” line)... at ee

3 Reduction for taxes under sections 901(e), 907(a), 1503(b), and 6038 (See also General Instruction 0) (Attach schedule) .

4 Carryback or carryover (Attach schedule showing computation in detail) (See General InstructionM) . . 2... 2 ee ee

5 Total foreign taxes (Line 1 plus lines 2 and4lessline3) . . . . soe ee eee

6 Total taxable income or (loss) from sources without the U.S. (Betore loss recapture) (From Schedule A column 16, “Totals” line) .

7 Recapture of prior year overall foreign losses (See General Instructions L(3)). - 6 6 6 ee ee

8 Line6lessline7. . . see . a

9 Total taxable income from all sources (Enter taxable income from y your 1 tax return). 2 we rs
10 Less: Adjustments to total taxable income from all sources (See General Instructions L(2), Li), and L(5)). ee ee
11 Line9tesslinel10 . . . see a
12 Line 8 divided by line 11 (If line 8 exceeds line 11, enter the e figure “Myo. we ee
13 Total U.S. income tax against which credit is allowed (After section 936 credit but before a any ‘other credit)

Limitation (Line 13 multiplied byline 12)... Sa
as Foreign tax credit (Line 5 or line 14, whichever is less) Ea a

=——

PART _1l.—Summary of Credits from Separate Forms 1118

1 Credit with respect to section 904(d) interest. 6 1

2 Credit with respect to dividends from a DISC or former DISC. . 1... 1

3 Credit with respect to income from sources within U.S. possessions . So

4 Credit with respect to foreign oil related income . . So

5 Credit with respect to all other income from sources without the United States...) 0 oe ee ee
6 Total (Add lines 1through5) . 2 2. Se

7 Reduction in credit for international boycott operations (Gee General Instruction 0)
8 Total foreign tax credit (Line 6 less line 7). Enter here and on your tax return



Pare 3

Form 1118 (Rev. 1-77)
EGC 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.
4. Ci itation is fo!
(Check applicable box): 5, Forelan Tax &,Forelen, Mu. Ter Deamed
2. 3. jncorporated Tsecondtier| Pald or Accrued | 6 ca incs ang | Bainvients | Accrued on. 9. Tax Pia eae
Name of Corporation | yg,, | Under the La First-tier on Gains, Brofits fer Year | structions) (Do | Accumulated | Deemed Pald | 10. Column 8 omorsriar
» Menany DISCs and (See of Foreign Profits, and Ss inst ctions | t in luds fits (From: Pius Fiting Is Return
former DISCs) Inst) | (Name of country Corporation Income for Year | (Fee Netti not Include | (Enter amount | Schedule D, column 9 aang tne Return,
inst.) | or U.S. possession) Under Corporation | (Attach receipt or| for exceptions) ross-up from column | column 21) uma 7 dll
Seetion— lndet | “copy of return) vide inst. raultipiied by
902(a) | 960%) | 9600) for exceptions) ‘column 10)

A

Totals. .