OMB No. 1545-0126 U.S. Income Tax Return of a Foreign Corporation

Name Employer identification number

Number, street, and room or suite no. (see instructions) Check box(es) if:

Name or address change

Initial return

City or town, state and ZIP code, or country (see instructions)

Protective return

Final return

A Country of incorporation

Foreign country under whose laws the income reported on this return

is also subject to tax

B

Yes No

C Date incorporated

(1) Location of corporation’s primary books and records (city, province 

or state, and country)

D

Did the corporation file a U.S. income tax return for

the preceding tax year?

J

If the corporation had an agent in the United States at any time during

the tax year, enter:

E

(1) Type of agent

(1) At any time during the tax year, was the corporation

engaged in a trade or business in the United States?

K

(2) Name

(3) Address At any time during the tax year, did the corporation

have a permanent establishment in the United States 

for purposes of any applicable tax treaty between the 

United States and a foreign country?

L

If “Yes,” enter the name of the foreign country:

Computation of Tax Due or Overpayment

1 Tax from Section I, line 11, page 2 1

2 Tax from Section II, Schedule J, line 9, page 4 2

3 Tax from Section III (add lines 6 and 10 on page 5) 3

4 Total tax. Add lines 1 through 3 4

5a 2006 overpayment credited to 2007 5a

b 2007 estimated tax payments 5b

5c ( )

5d

c Less 2007 refund applied for on Form 4466

e Tax deposited with Form 7004 5e

Credit for tax paid on undistributed capital gains (attach Form 2439) 5f f

g 5g

U.S. income tax paid or withheld at source (add line 12, page 2, and

amounts from Forms 8288-A and 8805 (attach Forms 8288-A and 8805))

i Total payments. Add lines 5d through 5h 5i

6 Estimated tax penalty (see instructions). Check if Form 2220 is attached © 6

7 Amount owed. If line 5i is smaller than the total of lines 4 and 6, enter amount owed 7

8 Overpayment. If line 5i is larger than the total of lines 4 and 6, enter amount overpaid 8

9 Enter portion of line 8 you want Credited to 2008 estimated tax © Refunded © 9

Form 1120-F

For calendar year 2007, or tax year beginning , 2007, and ending , 20 Department of the Treasury

Internal Revenue Service © See separate instructions.

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true,

correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Sign

Here

Signature of officer Date Title

Date Preparer’s SSN or PTIN Preparer’s

signature

Check if

self-employed

Paid

Preparer’s

Use Only

Firm’s name (or

yours if self-employed),

address, and ZIP code

EIN

Phone no. ( )

F See page 22 of the instructions and enter the corporation’s principal:

(1) Business activity code number ©

(2) Business activity ©

(3) Product or service ©

Check method of accounting: (1) Cash (2) Accrual

(3) Other (specify) ©

G

Did the corporation have any transactions with

related parties?

M

If “Yes,” Form 5472 may have to be filed (see instructions).

Enter number of Forms 5472 attached ©

(2) Principal location of worldwide business

(3) If the corporation maintains an office or place of business in the 

United States, check here ©

Amended return

Yes No

May the IRS discuss this return

with the preparer shown below © (see instructions)?

©

©

©

Use

IRS

label.

Otherwise,

print or

type.

Note: Additional information is required on page 2.

5h

Credit for federal tax on fuels (attach Form 4136). See instructions

h

2007

First post-merger return

Schedule M-3 attached

Did the corporation’s method of accounting change

from the preceding tax year?

H

Did the corporation’s method of determining income 

change from the preceding tax year?

I

If “Yes,” attach an explanation.

If “Yes,” attach an explanation.

d Combine lines 5a through 5c

(2) If “Yes,” is taxpayer’s trade or business within the 

United States solely the result of a section 897

(FIRPTA) sale or disposition? 
Enter tax-exempt interest received or accrued during 

the tax year (see instructions) © $

Form 1120-F (2007) Page 2

SECTION I— Income From U.S. Sources Not Effectively Connected With the Conduct of a Trade or Business

in the United States—Do not report items properly withheld and reported on Form 1042-S. See instructions.

Include below only income from U.S. sources that is not effectively connected with the conduct of a trade or business in the United States. Do

not report items properly withheld and reported on Form 1042-S. Report only items that (a) are not correctly withheld at source or (b) are not

correctly reported on Form 1042-S. The rate of tax on each item of gross income listed below is 30% (4% for the gross transportation tax) or such 

lower rate specified by tax treaty. No deductions are allowed against these types of income. Enter treaty rates where applicable. If the corporation 

is claiming a lower treaty rate, also complete Item V above. If multiple treaty rates apply to a type of income (e.g., subsidiary and portfolio

dividends or dividends received by disregarded entities), attach a schedule showing the amounts, tax rates, and withholding for each.

Name of treaty country, if any ©

(e)

Amount of U.S. income tax

paid or withheld at the source

(a)

Class of income (see instructions)

(b)

Gross amount

(c)

Rate of tax (%)

(d)

Amount of tax liability

1 Interest

2 Dividends

3 Rents

4 Royalties

5 Annuities

6 Gains from disposal of timber, coal, or

domestic iron ore with a retained economic

interest (attach supporting schedule)

7 Gains from sale or exchange of patents,

copyrights, etc.

8 Fiduciary distributions (attach supporting schedule)

9 Gross transportation income 4

Other fixed or determinable annual or

periodic gains, profits, and income

10

11 Total. Enter here and on line 1, page 1 ©

12 Total. Enter here and include on line 5h, page 1 ©

Enter the available NOL carryover from prior tax

years. (Do not reduce it by any deduction on line 30a, 

page 3.) © $

S

At the end of the tax year, did any individual, partnership, 

corporation, estate, or trust own, directly or indirectly,

50% or more of the corporation’s voting stock? (See

section 267(c) for rules of attribution.) 

T

At the end of the tax year, did the corporation own, 

directly or indirectly, 50% or more of the voting stock 

of a U.S. corporation? (See section 267(c) for rules

of attribution.) 

Q

If “Yes,” attach a schedule showing (1) name and

EIN of such U.S. corporation; (2) percentage owned; 

and (3) taxable income or (loss) before net operating 

loss (NOL) and special deductions of such U.S.

corporation for the tax year ending with or within your 

tax year.

Enter percentage owned ©

Additional Information (continued from page 1) Yes No

Yes No

P

N Is the corporation a controlled foreign corporation?

(See section 957(a) for definition.)

Is the corporation a subsidiary in a parent-subsidiary 

controlled group?

If “Yes,” enter the parent corporation’s:

U

If the corporation has an NOL for the tax year

and is electing to forego the carryback period,

check here ©

R

O Is the corporation a personal service corporation?

(See instructions for definition.)

If “Yes,” attach a schedule showing the name and

identifying number. (Do not include any information

already entered in item T.)

If “Yes,” the corporation is generally required to complete 

and attach Form 8833. See Form 8833 for exceptions.

Is the corporation taking a position on this return that a U.S. 

tax treaty overrules or modifies an Internal Revenue law of

the United States, thereby causing a reduction of tax? 

V

Note: Failure to disclose a treaty-based return position

may result in a $10,000 penalty (see section 6712).

During the tax year, did the corporation own any entity

that was disregarded as an entity separate from its owner 

under Regulations sections 301.7701-2 and 301.7701-3?

W

X During the tax year, did the corporation own at least a 10% 

interest, directly or indirectly, in any foreign partnership?

(1) Has the corporation made any allocation or reallocation

of income based on section 482 and its regulations?

Y

(2) Has the corporation recognized any interbranch

amounts? If “Yes,” attach statement (see instructions)

Z (1) Is the corporation a dealer under section 475? 

13 Is the corporation fiscally transparent under the laws of the foreign jurisdiction with respect to any item of income listed above? Yes No

If “Yes,” attach a schedule that provides the information requested above with respect to each such item of income.

(1) EIN © 

(2) Name © 

If “Yes,” attach a statement listing the name, country under whose

laws the entity was organized, and EIN (if any) of each such entity.

If “Yes,” see instructions for required attachment.

(2) Did the corporation mark to market any securities or 

commodities other than in a dealer capacity? 
SECTION II—Income Effectively Connected With the Conduct of a Trade or Business in the United States 

(see instructions)

Important: Fill in all applicable lines and schedules. If you need more space, see Assembling the Return in the instructions.

1c 1a Gross receipts or sales b Less returns and allowances c Bal ©

2 2 Cost of goods sold (Schedule A, line 8)

3 3 Gross profit (subtract line 2 from line 1c)

4 4 Dividends (Schedule C, line 14)

5 5 Interest

6 6 Gross rents

7

Income

7 Gross royalties

8 8 Capital gain net income (attach Schedule D (Form 1120))

9 9 Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797)

Other income (see instructions—attach schedule) 10 10

11 Total income. Add lines 3 through 10 © 11

12 12 Compensation of officers (Schedule E, line 4) 

13 13

14 14 Repairs and maintenance

15 15 Bad debts (for bad debts over $500,000, attach a list of debtors and amounts)

16 16 Rents

17 17 Taxes and licenses

18 18 Interest expense from Schedule I, line 25 

19 19 Charitable contributions 

20 20 Depreciation from Form 4562 not claimed on Schedule A or elsewhere on return (attach Form 4562)

21 21

22 22

23

Depletion

23

24

Advertising

24

25

Pension, profit-sharing, etc., plans

25

26

Employee benefit programs

26

28

Other deductions (attach schedule)

28

29

Total deductions. Add lines 12 through 27 ©

29 Taxable income before NOL deduction and special deductions (subtract line 28 from line 11)

30 30a Less: a Net operating loss deduction (see instructions)

Deductions (See instructions for limitations on deductions.)

b Special deductions (Schedule C, line 15) 30b

30c

31 Taxable income or (loss). Subtract line 30c from line 29 31

Cost of Goods Sold (see instructions)

1 1 Inventory at beginning of year

2 2 Purchases

3 3 Cost of labor

4 4 Additional section 263A costs (attach schedule)

Other costs (attach schedule) 5

Add lines 1 through 5 

5

6 6

Inventory at end of year 7

Cost of goods sold. Subtract line 7 from line 6. Enter here and on Section II, line 2, above 

7

9a Check all methods used for valuing closing inventory:

Cost as described in Regulations section 1.471-3

Lower of cost or market as described in Regulations section 1.471-4

Other (Specify method used and attach explanation.) ©

c Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) ©

d If the LIFO inventory method was used for this tax year, enter percentage (or amounts) of closing inventory 

computed under LIFO 9d

e If property is produced or acquired for resale, do the rules of section 263A apply to the corporation? Yes No

f Was there any change in determining quantities, cost, or valuations between opening and closing inventory?

If “Yes,” attach explanation.

Form 1120-F (2007) Page 3

Yes No

Schedule A

8 8

Salaries and wages (less employment credits)

b Check if there was a writedown of subnormal goods as described in Regulations section 1.471-2(c) ©

(1)

(2)

(3)

Form 1120-F (2007)

27

Domestic production activities deduction (attach Form 8903)

27

Deductions allocated and apportioned to ECI from Schedule H, line 21 (see instructions) 

c Add lines 30a and 30b 
Dividends and Special Deductions (see instructions)

(a) Dividends

received

(c) Special deductions:

(a) 3 (b) (b) %

Dividends from less-than-20%-owned domestic corporations (other than

debt-financed stock)

1

70

Dividends from 20%-or-more-owned domestic corporations (other than

debt-financed stock)

2

80

see

3 Dividends on debt-financed stock of domestic and foreign corporations (section 246A) instructions

4 Dividends on certain preferred stock of less-than-20%-owned public utilities 42

5 Dividends on certain preferred stock of 20%-or-more-owned public utilities 48

6 Dividends from less-than-20%-owned foreign corporations 

7 Dividends from 20%-or-more-owned foreign corporations 80

8 Total. Add lines 1 through 7. See instructions for limitation

9 Dividends from foreign corporations not included on lines 3, 6, or 7

10 Foreign dividend gross-up (section 78)

11 IC-DISC and former DISC dividends not included on lines 1, 2, or 3 (section 246(d))

12 Other dividends

13 Deduction for dividends paid on certain preferred stock of public utilities

14 Total dividends. Add lines 1 through 12. Enter here and on line 4, page 3

15 Total special deductions. Add lines 8 and 13. Enter here and on line 30b, page 3 ©

Compensation of Officers (See instructions for Section II, line 12.)

Percent of corporation

stock owned (c) Percent of

time devoted

to business

(f) Amount of

compensation

(b) Social security

number (a) Name of officer

(d) Common (e) Preferred

1a % % %

% % %

% % %

% % %

% % %

2 Total compensation of officers

3 Compensation of officers claimed on Schedule A and elsewhere on this return

4 Subtract line 3 from line 2. Enter the result here and on line 12, page 3 

Tax Computation (see instructions)

1 Check if the corporation is a member of a controlled group (attach Schedule O (Form 1120)) ©

2 2

5a Foreign tax credit (attach Form 1118) 5a

b

c 5c

General business credit. Check applicable box(es):

5d

Credit for prior year minimum tax (attach Form 8827)

d

6 Total credits. Add lines 5a through 5d 6

7 Subtract line 6 from line 4 7

8

8 Other taxes. Check if from:

3 Alternative minimum tax (attach Form 4626) 3

Form 1120-F (2007) Page 4

Schedule J

Schedule E

Schedule C

Income tax. Check if a qualified personal service corporation (see instructions) ©

Form 3800

4 Add lines 2 and 3 4

Total tax. Add lines 7 and 8. Enter here and on line 2, page 1

Form 1120-F (2007)

Form 4255 Form 8611 Form 8697

Form 8866 Other (attach schedule)

Note: Complete Schedule E only if total receipts (line 1a plus lines 4 through 10 of Section II) are

$500,000 or more.

Form 8902

70

Bond credits from: Form 8860 Form 8912

9 9

Form (specify):

SECTION II—Income Effectively Connected With the Conduct of a Trade or Business in the United States 

(continued)

b

c

d

e

5b
SECTION III—Branch Profits Tax and Tax on Excess Interest

Part I—Branch Profits Tax (see instructions)

1 Enter the amount from Section II, line 29 1

2 Enter total adjustments to line 1 to get effectively connected earnings and profits. (Attach required schedule 

showing the nature and amount of adjustments.) (See instructions.) 2

3 Effectively connected earnings and profits. Combine line 1 and line 2 3

4a Enter U.S. net equity at the end of the current tax year. (Attach required schedule.) 4a

b Enter U.S. net equity at the end of the prior tax year. (Attach required schedule.) 4b

Increase in U.S. net equity. If line 4a is greater than or equal to line 4b, subtract line 4b from line 4a. Enter

the result here and skip to line 4e

c

4c

d Decrease in U.S. net equity. If line 4b is greater than line 4a, subtract line 4a from line 4b 4d

e Non-previously taxed accumulated effectively connected earnings and profits. Enter excess, if any, of

effectively connected earnings and profits for preceding tax years beginning after 1986 over any dividend

equivalent amounts for those tax years 4e

5 Dividend equivalent amount. Subtract line 4c from line 3. If zero or less, enter -0-. If no amount is entered

on line 4c, add the lesser of line 4d or line 4e to line 3 and enter the total here

Branch profits tax. Multiply line 5 by 30% (or lower treaty rate if the corporation is a qualified resident or

otherwise qualifies for treaty benefits). Enter here and include on line 3, page 1. (See instructions.) Also

complete item V on page 2

6

6

Part II—Tax on Excess Interest (see instructions for this Part and for Schedule I)

7a Enter the interest from Section II, line 18

7c

Branch Interest (see instructions for definition): Enter the sum of Schedule I, line 9, column (c), and Schedule I, line

22. If the interest paid by the foreign corporation’s U.S. trade or business was increased because 80% or more of

the foreign corporation’s assets are U.S. assets, check this box ©

8

8

9a Excess interest. Subtract line 8 from line 7c. If zero or less, enter -0- 9a

b If the foreign corporation is a bank, enter the excess interest treated as interest on deposits. Otherwise, enter 

-0-. (See instructions.) 9b

c Subtract line 9b from line 9a 9c

10 Tax on excess interest. Multiply line 9c by 30% or lower treaty rate (if the corporation is a qualified resident 

or otherwise qualifies for treaty benefits). (See instructions.) Enter here and include on line 3, page 1. Also

complete item V on page 2 10

Part III—Additional Information

11 Is the corporation claiming a reduction in, or exemption from, the branch profits tax due to:

Form 1120-F (2007) Page 5

5

b Enter the inverse of the total amount deferred, capitalized, and disallowed from Schedule I, line 24d 

(i.e, if line 24d is negative, enter as a positive number; if line 24d is positive, enter as a negative number). 

7a

7b

c Combine lines 7a and 7b (amount must equal Schedule I, line 23). 

A complete termination of all U.S. trades or businesses?

The tax-free liquidation or reorganization of a foreign corporation?

The tax-free incorporation of a U.S. trade or business?

If 11a or 11b applies and the transferee is a domestic corporation, attach Form 8848. If 11c applies, attach the statement required 

by Temporary Regulations section 1.884-2T(d)(5).

Form 1120-F (2007)

Yes No

b

c

a
Beginning of tax year End of tax year

Balance Sheets per Books

(a) (b) (c) (d) Assets

1 Cash

2a Trade notes and accounts receivable

( ) ) b Less allowance for bad debts

3 Inventories

4 U.S. government obligations

5 Tax-exempt securities (see instructions)

6a Interbranch current assets* 

7 Loans to shareholders

8 Mortgage and real estate loans

Other loans and investments—non-U.S.

assets* 

9a

Buildings and other depreciable

assets

10a

( ) ( ) b Less accumulated depreciation

11a Depletable assets

( ) ( ) b Less accumulated depletion

12 Land (net of any amortization)

13a Intangible assets (amortizable only)

( ) ( ) b Less accumulated amortization

Other non-current non-U.S. assets* 

14

15

Total assets

Liabilities

Accounts payable

16a

Mortgages, notes, bonds payable in less

than 1 year:

17

Other current liabilities* 

18

Loans from shareholders

19

Mortgages, notes, bonds payable in 1 year

or more:

20

Other interbranch liabilities* 

21

Capital stock: a

22

Preferred stock

b Common stock

Additional paid-in capital

23

Retained earnings—Appropriated*

24a

Retained earnings—Unappropriated

25

( ) ( Less cost of treasury stock

27

28

Total liabilities and shareholders’ equity

Form 1120-F (2007) Page 6

Schedule L

(

26

Adjustments to shareholders’ equity* )

Form 1120-F (2007)

Note: Check if completing on ©

Assets held in trust 

Other non-current interbranch assets* 

Liabilities held in trust

29

30

31

U.S. basis or a © Worldwide basis.

Other current non-U.S. assets* 

Other current U.S. assets* 

b

c

b Other loans and investments—U.S.

assets* 

b Other non-current U.S. assets* 

a

b

Interbranch liabilities* 

Third-party liabilities* 

a

b

Interbranch liabilities* 

Third-party liabilities* 

b Other third-party liabilities* 

Equity (see instructions)

*Attach schedule—See instructions.