Instructions For Schedule S (Form 1120-F) - 2012 Page 4
ADVERTISEMENT
1
2
3
4(C) A foreign corporation that is
by a bilateral Air Services Agreement
3. Provides to the foreign corporation
organized in a qualified foreign
in force between the United States
the documentation required in Regulations
country and meets the publicly traded
and the qualified foreign country in
section 1.883-4(d).
test of Regulations section 1.883-2(a).
which the airline is organized,
Line 16b. Enter the applicable
(D) A not-for-profit organization
provided the United States has not
two-letter codes from the list of country
described in Regulations section
waived the ownership requirement in
codes at
1.883-4(b)(4) that is not a pension
the Air Services Agreement, or that
fund as defined in Regulations section
the ownership requirement has not
Line 16c. Enter the percentage of the
1.883-4(b)(5) and that is organized in
otherwise been made ineffective.
value of the outstanding shares that is
a qualified foreign country.
owned by the qualified shareholders as
2. Does not own its interest in the
(E) An individual beneficiary of a
bearer shares maintained in a
foreign corporation through bearer shares,
pension fund (as defined in
dematerialized or immobilized book-entry
either directly or by applying the attribution
Regulations section 1.883-4(b)(5)(iv))
system. In determining the percentage to
rules of Regulations section 1.883-4(c).
that is administered in or by a qualified
enter on line 16c, the numerator is the total
However, the shareholder may own its
foreign country, who is treated as a
value of bearer shares owned by the
interest in the foreign corporation through
resident under Regulations section
qualified shareholders and maintained in a
bearer shares if such shares are
1.883-4(d)(3)(iii) of a qualified foreign
dematerialized or immobilized book-entry
maintained in a dematerialized or
country, or
system. The denominator is the total value
immobilized book-entry system.
(F) A shareholder of a foreign
of all outstanding shares of the
corporation that is an airline covered
corporation.
-4-
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial