Schedule I (Form 1120-F) - Interest Expense Allocation Under Regulations - Department Of Treasury - 2013 Page 3

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Schedule I (Form 1120-F) 2013
Page
SUMMARY—Interest Expense Allocation and Deduction under Regulations Section 1.882-5
21
21
Amount from line 15 or line 20, as applicable .
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22
Enter the corporation’s interest expense directly allocable under Regs. sec.
1.882-5(a)(1)(ii). (Include total from Schedule P, line 15b.)
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22
23
Interest expense allocable to ECI under Regs. sec. 1.882-5. Add lines 21 and 22
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23
Amount of line 23 that is disallowed as a deduction under section 265, 163(f)(2),
24 a
etc. or under an income tax treaty (attach statement—see instructions) .
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24a (
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b
Deferred interest expense under section 163(e)(3), 163(j), 267(a)(3), etc.
(attach statement—see instructions) .
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24b
c
Amount of line 23 that is capitalized under section 263A (attach statement—
see instructions)
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24c (
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d
24d
Combine lines 24a through 24c .
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25
Total interest expense deduction under Regs. sec. 1.882-5. Combine lines 23 and 24d and enter here
and on Form 1120F, Section II, line 18. The amount entered on line 25 may not exceed the total interest
expense paid or accrued by the foreign corporation
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25
Schedule I (Form 1120-F) 2013

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