Business, Legal & Accounting Glossary
List of Vessels or Aircraft, Operators, and Owners. This form is used with foreign corporations that are subject to the 4 percent tax on their U.S. source gross transportation income (USSGTI) under section 887. It is used to report basic information for each vessel or aircraft with respect to which the corporation is subject to the 4 percent rate of tax.
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Definitions for 1120-F Form Schedule V are sourced/syndicated and enhanced from:
This glossary post was last updated: 13th November, 2021 | 0 Views.