965, Schedule F Foreign Taxes Deemed Paid by Domestic Corporation - 2018

Caution: DRAFT—NOT FOR FILING
This is an early release draft of an IRS tax form, instructions, or
publication, which the IRS is providing for your information as a courtesy.
Do not file draft forms. Also, do not rely on draft forms, instructions, and
publications for filing. We generally do not release drafts of forms until we
believe we have incorporated all changes. However, unexpected issues
sometimes arise, or legislation is passed, necessitating a change to a draft
form. In addition, forms generally are subject to OMB approval before they
can be officially released. Drafts of instructions and publications usually
have at least some changes before being officially released.
Early release drafts are at IRS.gov/DraftForms, and may remain there
even after the final release is posted at IRS.gov/DownloadForms. All
information about all forms, instructions, and pubs is at IRS.gov/Forms.
Almost every form and publication also has its own page on IRS.gov. For
example, the Form 1040 page is at IRS.gov/Form1040; the Publication 17
page is at IRS.gov/Pub17; the Form W-4 page is at IRS.gov/W4; and the
Schedule A (Form 1040) page is at IRS.gov/ScheduleA. If typing in a link
above instead of clicking on it, be sure to type the link into the address bar
of your browser, not in a Search box. Note that these are friendly shortcut
links that will automatically go to the actual link for the page.
If you wish, you can submit comments about draft or final forms,
instructions, or publications at IRS.gov/FormsComments. We cannot
respond to all comments due to the high volume we receive. Please note that
we may not be able to consider many suggestions until the subsequent
revision of the product.

SCHEDULE F
(Form 965)
(January 2019)
Department of the Treasury
Internal Revenue Service

DRAFT AS OF
September 5, 2018
DO NOT FILE
Foreign Taxes Deemed Paid by Domestic Corporation

For tax years of foreign corporations whose last taxable year beginning before January 1, 2018, ends during the
U.S. shareholder’s 2018 tax year
▶

▶ Attach to Form 965.
Go to www.irs.gov/Form965 for instructions and the latest information.

Identifying number

Name of person filing this return

a Separate Category (Enter code—see instructions.) . . . . . . . . . . . . . . . . .
b If code 901j is entered on line a, enter the country code for the sanctioned country (see instructions)
Name of Deferred Foreign Income Corporation
(DFIC)

1
2

OMB No. 1545-0123

(a)
(b)
EIN or Reference ID EIN or Reference ID
Number of the
Number of K-1 Issuer
Foreign Corporation
(if any)
(see instructions)
(see instructions)

(c)
U.S. Tax Year End
(Year/Month) of DFIC

.
.

.
.

.
.

.
.

.
.

.
.

.
.

(d)
Country of Incorporation
(use country codes)
(see instructions)

.
.

.
.

.
.

.
.

.
.

.
.

.
.

▶
▶

(e)(1)
Section 965(a) Inclusion
in U.S. Dollars

(e)(2)
Section 965(a) Inclusion
in Functional Currency

3
4
5
6
7
8
9
10
11
12
13
14
15
16
17

Total not from pass-throughs (sum
of lines 1–15) (see instructions) . .
Total from pass-throughs (sum of
lines 1–15) (see instructions) . . .

For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 71326R

Schedule F (Form 965) (1-2019)

DRAFT AS OF
September 5, 2018
DO NOT FILE

Schedule F (Form 965) (1-2019)

(f)
Post-1986
Undistributed Earnings
in Functional Currency

1
2
3
4
5

(g)
Divide Column (e)(2)
by Column (f)
(capped at 100%)

(h)
Opening Balance
in Post-1986
Foreign Income Taxes

(i)
Foreign Taxes Paid
for Tax Year Indicated

(j)
Foreign Taxes Deemed Paid
for Tax Year Indicated

(k)
Post-1986
Foreign Income Taxes
(add columns (h), (i), and (j))

Page 2
(l)
Taxes Deemed Paid
(multiply column (g)
by column (k))

6
7
8
9
10
11
12
13
14
15
16
17
Add schedules as needed.
Schedule F (Form 965) (1-2019)