Page 693 - Large Business IRS Training Guides

Part I – Basics &
Definitions

• Introduction

• Why section 965 exists

subject to section 965
• Who is

• Key terminology

• Section 958(a) U.S.
shareholder
• Specified foreign corporation

• Deferred foreign income corporation

• E&P deficit foreign corporation

• E&P measurement date

• Accumulated post-1986 deferred foreign income

and profits
• Post-1986 earnings
• Section 965(a) inclusion

• Timing of
section 965(a) inclusion

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