1120-F Form Schedule I

Categories: Tax,

interest expense Allocation Under Regulations Section 1.882-5. This form is used by all foreign corporations that have interest expense allocable to ECI under section 882(c). It is used to report this allocation, regardless of whether the amount allocable under Regulations section 1.882-5 is deductible in the current year, or is otherwise deferred or permanently disallowed under other sections of the internal revenue code. The information that is reported on this form is also needed to complete Form 1120-F.