8023 Elections Under Section 338 for Corporations Making Qual

8023

Form
(Rev. October 2023)
Department of the Treasury
Internal Revenue Service

Elections Under Section 338 for
Corporations Making Qualified Stock Purchases

See separate instructions.
Information about Form 8023 and its separate instructions is at www.irs.gov/Form8023.

OMB No. 1545-0123

Section A-1—Purchasing Corporation
Check if Purchasing Corporation is a foreign entity
1a Name of purchasing corporation

1b Employer identification number

Street
State

ZIP

City

1c Tax year ending (MM/DD/YYYY)

Country

1d State or country of incorporation

Section A-2—Common Parent of the Purchasing Corporation
Check if Common Parent of the Purchasing Corporation is a foreign entity
2a Name of common parent of purchasing corporation
Street
State

ZIP

2b Employer identification number

City

2c Tax year ending (MM/DD/YYYY)

Country

2d State or country of incorporation

Section B—Target Corporation
Check if Target Corporation is a foreign entity
3a Name of target corporation

3b Employer identification number

Street
State

ZIP

City

3c Tax year ending (MM/DD/YYYY)

Country

3d State or country of incorporation

Section C—Common Parent of Selling Consolidated Group, Selling Affiliate,
S Corporation Shareholder, or U.S. Shareholder
Complete only for a section 338(h)(10) election or if target was a member of a consolidated group or a controlled foreign corporation (CFC)
or had been a CFC within the preceding 5 years.
Check if Common Parent of Selling Consolidated Group, Selling Affiliate, S Corporation Shareholder, or U.S. Shareholder is
a foreign entity
4a Name of common parent of the selling consolidated group, selling affiliate, U.S. shareholder(s) of
foreign target corporation, or S corporation shareholder(s)
Street
State

4b Identifying number(s)

City
ZIP

4c Tax year ending (MM/DD/YYYY)

Country

Section D—General Information
5a Acquisition date (MM/DD/YYYY)

5b What percentage of target corporation stock was purchased:
(i)

During the 12-month acquisition period?

(ii) On the acquisition date?

For Paperwork Reduction Act Notice, see separate instructions.

%

%

Cat. No. 49972Z

Form 8023 (Rev. 10-2023)

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Form 8023 (Rev. 10-2023)

Section E—Elections Under Section 338
6
7

Check here to make a section 338(h)(10) election for the target corporation listed in Section B . . . . . . . . .
Check here to make a section 338 election (other than a section 338(h)(10) election) for the target corporation listed in
Section B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8

If the box on line 7 is checked for the target corporation listed in Section B, check here to make a gain recognition election for that
corporation. See instructions
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9

Check here if this form is filed to make a section 338 election for any target corporation in addition to the one listed in
Section B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Purchasing Corporation(s) Signature(s)
Under penalties of perjury, I state and declare that I am authorized to make the election(s) on lines 6, 7, 8, and 9 on behalf of the purchasing corporation(s).

Signature of authorized person for purchasing corporation(s)

Date

Title

Consolidated Selling Group or Selling Affiliate Signature (Section 338(h)(10) Election)
Under penalties of perjury, I state and declare that I am authorized to make the section 338(h)(10) election on line 6 on behalf of the common parent of the selling
consolidated group or on behalf of the selling affiliate.

Signature of authorized person for the common parent or selling
affiliate

Date

Title

S Corporation Shareholder(s) Signature(s) (Section 338(h)(10) Election)
Under penalties of perjury, I state and declare that I am a shareholder of the S corporation target or that I am authorized to make the section 338(h)(10) election on line 6 on
behalf of that shareholder. If more than one shareholder, attach a schedule with other signatures.

Signature of S corporation shareholder

Catalog Number 49972Z

Date

www.irs.gov

Title

Form 8023 (Rev. 10-2023)

Page 3

Form 8023 (Rev. 10-2023)

Barcode 1

Barcode 2

Barcode 3

Barcode 4

Barcode 5

Catalog Number 49972Z

www.irs.gov

Form 8023 (Rev. 10-2023)