Page 722 - Large Business IRS Training Guides

Rate Equivalent
Percentages

 The 15.5 percent rate equivalent
percentage is the

percentage that would be needed to achieve a 15.5 percent

on the specified base (AFCP not in excess of the
rate of tax
the highest corporate tax rate were in
income inclusion) i f

effect for the section 958(a)
U.S. shareholder.

• The 8 percent rate equivalent
percentage is the
would be needed to achieve an 8 percent
percentage that

on the specified base (income inclusion subtract
rate of tax

AFCP) if
the highest corporate tax rate were in effect for the
U.S. shareholder.
section 958(a)

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