Summary of Changes for Schedule V

Record of Actions on Assignment
Assignment:
Assigned to:
Reviewed by:

2008 Instructions for Schedule V (Form 1120-F), List of Vessels or Aircraft, Operators and Owners
Date Started:

Emebeth Demrew

Date Completed:

06/24/2008
Date Started:

Steve Becker

Date Completed:

Record of Technical Developments Considered
Development
(Including Cite)

Description

1. section 887

Imposition of tax on gross transportation income of nonresident aliens and foreign corprations

Action

Location

TLS

Date

REV

Date

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

Coordination with Other Offices (Use Specific Symbols)
Item
Pages

Sent to Other Offices
Topic

Symbols

1.
2.
3.
4.
5.
Action Codes:
Material initiated or revised on basis of this item.............................................. A
No action taken because:
Factual item .............................................................................. B
Already covered......................................................................... C
Limited applicability .................................................................... D
Other (explain) ........................................................................... E

Date

Returned
Target

Actual

Review of Comments
Initiator

Reviewer

Major Changes
This is a new product that was developed in response to a program change initiated by
IRS Counsel and LMSB.