Page 632 - Large Business IRS Training Guides
P. 632
QBAI
Example 2 (cont’d)
Net CFC less Net DTIR
Tested Income
Specified
Aggregate Aggregate 10% of QBAI less interest
tested income less tested loss
expense
(100x – 40x) less
(17x – 0)
10% x
(60% x 100x) + less (100% x 40x) [(60% x 200x) + 0
(100% x 40x) (100% x 50x)]
48
