Instructions For Schedule S (Form 1120-F) - 2010 (Page 4 of 4) in pdf

Instructions For Schedule S (Form 1120-F) - 2010 Page 4

that is administered in or by a qualified

ownership requirement in the Air

interest in the foreign corporation through

foreign country, who is treated as a

Services Agreement, or that the

bearer shares if such shares are

resident under Regulations section

ownership requirement has not

maintained in a dematerialized or

1.883-4(d)(3)(iii) of a qualified foreign

otherwise been made ineffective.

immobilized book-entry system.

country, or

2. Does not own its interest in the

3. Provides to the foreign corporation

(F) A shareholder of a foreign

foreign corporation through bearer

the documentation required in

corporation that is an airline covered

shares, either directly or by applying the

Regulations section 1.883-4(d).

by a bilateral Air Services Agreement

attribution rules of Regulations section

Line 16b. Enter the applicable

in force between the United States and

1.883-4(c). However, for tax years

two-letter codes from the list of country

the qualified foreign country in which

beginning on or after September 17,

codes at

the airline is organized, provided the

2010, the shareholder may own its

United States has not waived the

-4-

Instructions For Schedule S (Form 1120-F) - 2010 Page 4