Federal U.S. Income Tax Return of a Foreign Corporation

U.S. Income Tax Return of a Foreign Corporation
2023 Form 1120-F
Form

1120-F

Department of the Treasury
Internal Revenue Service

U.S. Income Tax Return of a Foreign Corporation
For calendar year 2023, or tax year beginning

, 2023, and ending

Employer identification number
Check box(es) if:

Number, street, and room or suite no. (see instructions)
City or town, state or province, country, and ZIP or foreign postal code

A

Country of incorporation

B

Foreign country under whose laws the income reported on this return
is also subject to tax
Date incorporated

C

Initial return

Name or address change

Final return

First post-merger return

Amended return

Schedule M-3 attached

Protective return

E

If the corporation had an agent in the United States at any time during
the tax year, enter:
(1) Type of agent
(2) Name
(3) Address

F

See the instructions and enter the corporation’s principal:

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

D

2023

Go to www.irs.gov/Form1120F for instructions and the latest information.

Name

Type
or
Print

OMB No. 1545-0123

, 20

(2) Principal location of worldwide business

(1) Business activity code number
(2) Business activity
(3) Product or service

(3) If the corporation maintains an office or place of business in the
United States, check here
. . . . . . . . . . .

(1)

G Check method of accounting:

Cash

(2)

Accrual

Other (specify)

(3)

Computation of Tax Due or Overpayment
1
2
3

Tax from Section I, line 11, page 4
. . . . .
Tax from Section II, Schedule J, line 9, page 6 . .
Tax from Section III (add lines 6 and 10 on page 7) .

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4
5a
b

Total tax. Add lines 1 through 3

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5a
5b

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5c (
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Preceding year’s overpayment credited to the current year
Current year’s estimated tax payments . . . . . .

1
2
3
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Current year’s refund applied for on Form 4466
Combine lines 5a through 5c . . . . . .
Tax deposited with Form 7004
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5d
5e

f
g
h

Credit for tax paid on undistributed capital gains (attach Form 2439)
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Credit for federal tax paid on fuels (attach Form 4136). See instructions
Reserved for future use . . . . . . . . . . . . . . .

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5f
5g
5h

i

U.S. income tax paid or withheld at source (add amount from Section I, line 12 (on
page 4) and amounts from Forms 8288-A and 8805 (attach Forms 8288-A and 8805))
Elective payment election amount from Form 3800 . . . . . . . . . . .

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4

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c
d
e

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5i
5j

Total payments. Add lines 5d through 5j . . . . . . . . . . . . . .
Estimated tax penalty (see instructions). Check if Form 2220 is attached . . . .
Amount owed. If line 5z is smaller than the total of lines 4 and 6, enter amount owed

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5z

6
7
8a

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

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8a

z

b
9

Amount of overpayment on line 8a resulting from tax deducted and withheld under Chapters 3 and 4 (from
Schedule W, line 7, page 9)
. . . . . . . . . . . . . . . . . . . . . . . . .
Refunded
Enter portion of line 8a you want Credited to 2024 estimated tax . . .

Sign
Here

6
7

8b
9

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.
May the IRS discuss this return
with the preparer shown below
(see instructions)?

Signature of officer

Paid
Preparer
Use Only

Print/Type preparer’s name

Date
Preparer’s signature

Yes

Title
Date

Firm’s name

Firm’s EIN

Firm’s address

For Paperwork Reduction Act Notice, see separate instructions.

Check
if
self-employed

No

PTIN

Phone no.
Cat. No. 11470I

Form 1120-F (2023)

Page 2

Form 1120-F (2023)

Additional Information (continued from page 1)
Yes
H

Did the corporation’s method of accounting change from the preceding tax year?
If “Yes,” attach a statement with an explanation.

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I

Did the corporation’s method of determining income change from the preceding tax year? .
If “Yes,” attach a statement with an explanation.
Did the corporation file a U.S. income tax return for the preceding tax year? . . . . .

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J

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K

(1) At any time during the tax year, was the corporation engaged in a trade or business in the United States?
. . . . . .
(2) If “Yes,” is taxpayer’s trade or business within the United States solely the result of a section 897 (FIRPTA) sale or disposition?

L

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? . . . . . . . . . . . . . . . . . . . . . . . . . . . .

No

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

Did the corporation have any transactions with related parties? .
If “Yes,” Form 5472 may have to be filed (see instructions).
Enter number of Forms 5472 attached

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N
O
P

Is the corporation a controlled foreign corporation? (See section 957(a) for definition.)
Is the corporation a personal service corporation? (See instructions for definition.) .
Enter tax-exempt interest received or accrued during the tax year (see instructions) $

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Q

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.) . . . . . . . . . . . . . . . . . . . . . . . . . .

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If “Yes,” attach a statement showing (1) name and EIN of such U.S. corporation; (2) percentage owned; and (3) taxable income or
(loss) before NOL and special deductions of such U.S. corporation for the tax year ending with or within your tax year.
R
S

If the corporation has an NOL for the tax year and is electing to forego the carryback period, check here (see instructions)
Enter the available NOL carryover from prior tax years. (Do not reduce it by any deduction on Section II, line 30a, page 5.) $

T

Is the corporation a subsidiary in a parent-subsidiary controlled group?
If “Yes,” enter the parent corporation’s:
(1) EIN

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(2) Name
U

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

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(2) Did the corporation mark to market any securities or commodities other than in a dealer capacity?
V

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.)
. . . . . . . . . . . . . . . .
If “Yes,” attach a statement showing the name and identifying number. (Do not include any information already entered in item T.)
Enter percentage owned

W

(1) 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? . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” the corporation is generally required to complete and attach Form 8833. See Form 8833 for exceptions.
Note: Failure to disclose a treaty-based return position may result in a $10,000 penalty (see section 6712).
(2) Is the corporation claiming treaty benefits pursuant to, or otherwise filing its return pursuant to, a Competent Authority
determination or an Advance Pricing Agreement? . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” attach a copy of the Competent Authority determination letter or Advance Pricing Agreement to your return.

X

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? . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” attach a statement listing the name, country under whose laws the entity was organized, and EIN (if any) of each such
entity.

Y

(1) Did a partnership allocate to the corporation a distributive share of income from a directly owned partnership interest, any of
which is ECI or treated as ECI by the partnership or the partner?
. . . . . . . . . . . . . . . . . . .
If “Yes,” attach Schedule P. See instructions.
(2) During the tax year, did the corporation dispose of an interest in a partnership that directly or indirectly engaged in a trade or
business in the United States?
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” attach Schedule P (Form 1120-F). See instructions.
(3) During the tax year, did the corporation own, directly or indirectly, at least a 10% interest, in any foreign partnership? . . .

Z

(1) Has the corporation engaged in any transactions the results of which are subject to the arm’s-length standard under section
482 and its regulations?
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(2) Has the corporation recognized any interbranch amounts? . . . . . . . . . . . . . . . . . . . . .
If “Yes,” attach statement (see instructions).

Form 1120-F (2023)

Page 3

Form 1120-F (2023)

Additional Information (continued from page 2)
Yes
AA

Is the corporation required to file Schedule UTP (Form 1120), Uncertain Tax Position Statement (see instructions)? .
If “Yes,” complete and attach Schedule UTP.

BB

During the corporation’s tax year, did the corporation make any payments that would require it to file Forms 1042 and 1042-S
under chapter 3 (sections 1441 through 1464) or chapter 4 (sections 1471 through 1474) of the Code? . . . . . . . .
Is the corporation (including the home office or any branch) a qualified derivatives dealer (QDD)? . . . . . . . . . .

CC

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No

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(1) If “Yes,” attach Schedule Q (Form 1120-F) (see instructions).
(2) If “Yes,” enter the QI-EIN
DD

Does the corporation have gross receipts of at least $500 million in any of the 3 preceding tax years (see sections 59A(e)(2) and
(3))? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” complete and attach Form 8991.

EE

During the tax year, did the corporation pay or accrue any interest or royalty for which a deduction is not allowed under section
267A (see instructions)?
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” enter the total amount of the disallowed deductions . . . . . . . $

FF

Did the corporation have an election under section 163(j) for any real property trade or business or any farming business in effect
during the tax year (see instructions)?. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Does the corporation satisfy one or more of the following (see instructions)? . . . . . . . . . . . . . . . .
(1) The corporation owns a pass-through entity with current, or prior year carryover, excess business interest expense.

GG

HH
II
JJ

(2) The corporation’s aggregate average annual gross receipts (determined under section 448(c)) for the 3 tax years preceding the
current tax year are more than $29 million and the corporation has business interest expense.
(3) The corporation is a tax shelter and the corporation has business interest expense.
If “Yes,” to any, complete and attach Form 8990.
Is the corporation attaching Form 8996 to certify as a Qualified Opportunity Fund? . . . . . . . . . . . . . .
If “Yes,” enter amount from Form 8996, line 15 . . . . . . . . . . . $
Is the corporation a member of a controlled group? . .
If “Yes,” attach Schedule O (Form 1120). See instructions.
Corporate Alternative Minimum Tax:

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(1) Was the corporation an applicable corporation under section 59(k)(1) in any prior tax year? .
If “Yes,” go to question JJ(2).
If “No,” skip to question JJ(3).

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(2) Is the corporation an applicable corporation under section 59(k)(1) in the current tax year because the corporation was an
applicable corporation in the prior tax year? . . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” complete and attach Form 4626.
If “No,” continue to question JJ(3).
(3) Does the corporation meet the requirements of the safe harbor method as provided under section 59(k)(3)(A) for the current tax
year (see instructions)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” the corporation is not required to file Form 4626.
If “No,” complete and attach Form 4626.

Form 1120-F (2023)

Page 4
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.
Form 1120-F (2023)

Report all gross transportation income subject to 4% tax on line 9. Report other column (a) income items only if not properly withheld and reported on
Form 1042-S. The rate of tax on these gross income items is 30% 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 W on page 2. If multiple
treaty rates apply to a type of income (for example, subsidiary and portfolio dividends or dividends received by disregarded entities), attach a
statement showing the amounts, tax rates, and withholding for each. For any amounts reported in this Section I, you must attach Form(s) 1042-S to
substantiate any withholding claimed on line 5i, page 1, related to these amounts.

Name of treaty country, if any
(a)
Class of income (see instructions)

(b)
Gross amount

1

Interest .

2a

Dividends (excluding payments received by
QDDs in their equity derivatives dealer
capacity) . . . . . . . . . .

b

Dividend equivalents (excluding payments
received by QDDs in their equity derivatives
dealer capacity) . . . . . . . .
Rents . . . . . . . . . . .
Royalties . . . . . . . . . .
Annuities . . . . . . . . . .

3
4
5

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(c)
Rate of tax (%)

(d)
Amount of tax liability

(e)
Amount of U.S. income tax
paid or withheld at the source

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6

Gains from disposal of timber, coal, or
domestic iron ore with a retained economic
interest (attach supporting statement) . .

7

Gains from sale or exchange of patents,
copyrights, etc. . . . . . . . .

8
9
10

Fiduciary distributions (attach supporting
statement) . . . . . . . . . .
Gross transportation income (see instructions)
Other items of income . . . . . .

11
12

Total. Enter here and on line 1, page 1 . . .
Total. Enter here and include on line 5i, page 1

13

Is the corporation fiscally transparent under the laws of the foreign jurisdiction with respect to any item of income
listed above? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If “Yes,” attach a statement that provides the information requested above with respect to each such item of income.

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Yes

No

Form 1120-F (2023)

Page 5

Form 1120-F (2023)

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

Deductions (See instructions for limitations on deductions.)

Income

Important: Fill in all applicable lines and schedules. If you need more space, see Assembling the Return in the instructions.
1a

Gross receipts or sales

2
3
4

Cost of goods sold (attach Form 1125-A) .
Gross profit (subtract line 2 from line 1c)
Dividends (Schedule C, line 13)
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2
3
4

5
6
7

Interest
. .
Gross rents .
Gross royalties

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5
6
7

8
9
10

Capital gain net income (attach Schedule D (Form 1120))
. . .
Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797)
Other income (see instructions—attach statement) . . . . . .

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8
9
10

11
12
13

Total income. Add lines 3 through 10 . . . . . . . . .
Compensation of officers (see instructions—attach Form 1125-E)
Salaries and wages (less employment credits) . . . . . .

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11
12
13

14
15
16

Repairs and maintenance . . . . . . . . . . . . . . . .
Bad debts (for bad debts over $500,000, attach a list of debtors and amounts)
Rents . . . . . . . . . . . . . . . . . . . . . .

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14
15
16

17
18
19

Taxes and licenses . . . . . . . . . . . .
Interest expense from Schedule I, line 25 (see instructions)
Charitable contributions . . . . . . . . . . .

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17
18
19

20
21
22

Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562) .
Depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Advertising
. . . . . . . . . . . . . . . . . . . . . . . . . . .

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20
21
22

23
24
25

Pension, profit-sharing, etc., plans
Employee benefit programs
. .
Reserved for future use . . . .

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23
24
25

26
27
28

Deductions allocated and apportioned to ECI from Schedule H, line 20 (see instructions) .
Other deductions (attach statement) . . . . . . . . . . . . . . . .
Total deductions. Add lines 12 through 27 . . . . . . . . . . . . . .

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26
27
28

29
30

Taxable income before NOL deduction and special deductions (subtract line 28 from line 11)
Less: a Net operating loss deduction (see instructions) . . . . . . .
30a
b Special deductions (Schedule C, line 14) . . . . . . . . .
30b

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29

c Add lines 30a and 30b . . . . . . .
Taxable income or (loss). Subtract line 30c from line 29

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30c
31

31

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b Less returns and allowances

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c Bal

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1c

Form 1120-F (2023)

Page 6

Form 1120-F (2023)

Schedule C

Dividends and Special Deductions (see instructions)
(a) Dividends

(c) Special deductions:
(a) × (b)

(b) %

1

Dividends from less-than-20%-owned domestic corporations (other
than debt-financed stock) . . . . . . . . . . . . . . .

2
3
4
5
6
7
8
9
10
11
12
13

Dividends from 20%-or-more-owned domestic corporations (other than
debt-financed stock)
. . . . . . . . . . . . . . . .
Dividends on certain debt-financed stock of domestic and foreign corporations (section 246A)
Dividends on certain preferred stock of less-than-20%-owned public utilities
Dividends on certain preferred stock of 20%-or-more-owned public utilities .
Dividends from less-than-20%-owned foreign corporations
. . . . .
Dividends from 20%-or-more-owned foreign corporations . . . . . .
Subtotal. Add lines 1 through 7. See instructions for limitation
. . . .
Dividends from foreign corporations not included on line 3, 6, or 7
. . .
IC-DISC and former DISC dividends not included on line 1, 2, or 3 (section 246(d))
Other dividends . . . . . . . . . . . . . . . . . .
Deduction for dividends paid on certain preferred stock of public utilities
.
Total dividends. Add column (a), lines 8 through 11. Enter here and on line 4, page 5

14

Total special deductions. Add column (c), lines 8 and 12. Enter here and on line 30b, page 5

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1
2

Income tax . . . . . . . . . . . . . .
Base erosion minimum tax amount (attach Form 8991) .

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1
2

3
4
5a

Corporate alternative minimum tax from Form 4626, Part II, line 13 (attach Form 4626)
. .
Add lines 1, 2, and 3 . . . . . . . . . . . . . . . . . . . . . .
Foreign tax credit (attach Form 1118) . . . . . . . . . . . . . .
5a

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3
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6
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8z
9

Schedule J

b
c
d
6
7
8
a

50
65

see
instructions

23.3
26.7
50
65

see
instructions

Tax Computation (see instructions)

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General business credit (see instructions—attach Form 3800) .
Credit for prior year minimum tax (attach Form 8827) . . .
Bond credits from Form 8912 . . . . . . . . . .

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Total credits. Add lines 5a through 5d
. . . .
Subtract line 6 from line 4 . . . . . . . .
Other taxes.
Recapture of investment credit (attach Form 4255) .

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5b
5c
5d
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b
c

Recapture of low-income housing credit (attach Form 8611) . . . . . . .
Interest due under the look-back method—completed long term contracts (attach Form 8697)

8a
8b
8c

d
e
f

Interest due under the look-back method—income forecast method (attach Form 8866)
Alternative tax on qualifying shipping activities (attach Form 8902)
. . . . .
Other (attach statement) . . . . . . . . . . . . . . . . . .

8d
8e
8f

z

Total other taxes (add lines 8a through 8f) . . . . . .
Total tax. Add lines 7 and 8z. Enter here and on line 2, page 1

9

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Form 1120-F (2023)

Page 7

Form 1120-F (2023)

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 .

2

Enter total adjustments to line 1 to get effectively connected earnings and profits.
showing the nature and amount of adjustments.) (See instructions.) . . . . .
Effectively connected earnings and profits. Combine line 1 and line 2
. . . .
Enter U.S. net equity at the end of the current tax year. (Attach required statement.)

(Attach required
. . . . .
. . . . .
. . . . .

statement
. . .
. . .
. . .

2
3
4a

b

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

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4b

c

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

4c
4d

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

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 . . . . . . . . . . . .

5

Branch profits tax. Multiply line 5 by 30% (0.30) (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 W on page 2 . . . . . . . . . . . . . . . . . . . . . . . .

6

Enter the interest from Section II, line 18 .

7a

3
4a

d
e

5
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1

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Part II—Tax on Excess Interest (see instructions for this Part and for Schedule I (Form 1120-F))
7a
b
c
8

9a
b
c
10

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Enter the inverse of the total amount deferred, capitalized, and disallowed from Schedule I, line 24g (that is, if
line 24g is negative, enter as a positive number; if line 24g is positive, enter as a negative number) . . . .
Combine lines 7a and 7b (amount must equal Schedule I, line 23) . . . . . . . . . . . . . .

7b
7c

Branch Interest (see instructions for definition): Enter the sum of Schedule I, line 9,
line 22. If the interest paid by the foreign corporation’s U.S. trade or business was
more of the foreign corporation’s assets are U.S. assets, check this box . . . .
Excess interest. Subtract line 8 from line 7c. If zero or less, enter -0- . . . . .

column (c), and Schedule I,
increased because 80% or
. . . . . . . .
. . . . . . . .

8
9a

If the foreign corporation is a bank, enter the excess interest treated as interest on deposits (see instructions for
rules for computing this amount). Otherwise, enter -0- . . . . . . . . . . . . . . . . .
Subtract line 9b from line 9a . . . . . . . . . . . . . . . . . . . . . . . . .

9b
9c

Tax on excess interest. Multiply line 9c by 30% (0.30) (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 W on page 2 . . . . . . . . . . . . . . . . . . . . . . .

10

Part III—Additional Information

Yes
11

No

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

a

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

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b

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

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c

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

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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 (2023)

Page 8

Form 1120-F (2023)

Note: Check if completing on

Schedule L

U.S. basis or

Worldwide basis

Balance Sheets per Books
Beginning of tax year

Assets
1
2a
b
3
4
5
6a
b
c
7
8

(a)

Cash . . . . . . . . . .
Trade notes and accounts receivable .
Less allowance for bad debts . . .
Inventories . . . . . . . .
U.S. government obligations . . .
Tax-exempt securities (see instructions)
Interbranch current assets*
. . .
Other current non-U.S. assets*
. .
Other current U.S. assets* . . . .
Loans to shareholders . . . . .
Mortgage and real estate loans . .

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9a Other loans and investments—non-U.S.
assets* . . . . . . . . . . .
b Other loans and investments—U.S. assets* .
10a Buildings and other depreciable assets . .
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 . . . .
14 Assets held in trust
15 Other non-current interbranch assets* . .
16a Other non-current non-U.S. assets* . . .
b Other non-current U.S. assets*
. . . .
17 Total assets . . . . . . . . . .

End of tax year
(b)

(c)

(d)

(

)

(

)

(

)

(

)

(

)

(

)

(

)

(

)

Liabilities
18

Accounts payable

19

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.

Mortgages, notes, bonds
1 year:
a Interbranch liabilities* .
b Third-party liabilities* .
20 Other current liabilities* .
21 Loans from shareholders
22

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payable in less than
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a
b
23
24a
b

Mortgages, notes, bonds payable in
more:
Interbranch liabilities* . . . .
Third-party liabilities* . . . .
Liabilities held in trust . . . .
Other interbranch liabilities*
. .
Other third-party liabilities* . . .

25

Capital stock:

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1 year or
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Equity

26
27
28
29
30
31

a Preferred stock . .
b Common stock . .
Additional paid-in capital . . . .
Retained earnings—Appropriated*
.
Retained earnings—Unappropriated .
Adjustments to shareholders’ equity* .
Less cost of treasury stock . . . .
Total liabilities and shareholders’ equity

* Attach statement—see instructions.

(

)

(

)
Form 1120-F (2023)

Page 9

Form 1120-F (2023)

Schedule W

Overpayment Resulting From Tax Deducted and Withheld Under Chapters 3 and 4

1
2

Total Chapter 3 and 4 payments. Enter the amount from page 1, line 5i
Enter the tax amount from page 1, line 1 . . . . . . . . . .

3

Enter the portion of the tax amount shown on page 1, line 2, pertaining to income
associated with amounts deducted and withheld under sections 1445 and 1446 (see
instructions for general guidelines) . . . . . . . . . . . . . . .
Total Chapter 3 and 4 tax. Combine lines 2 and 3 . . . . . . . . . . .

4
5
6
7

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2

3
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1

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4

Tentative overpayment resulting from tax deducted and withheld under Chapters 3 and 4.
Subtract line 4 from line 1 . . . . . . . . . . . . . . . . . . . . .
Enter the amount from page 1, line 8a . . . . . . . . . . . . . . . . . .

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5
6

Overpayment resulting from tax deducted and withheld under Chapters 3 and 4.
Enter the smaller of line 5 or line 6. Enter the result here and on page 1, line 8b . . .

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7

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Form 1120-F (2023)