5471, Schedule H Current Earnings and Profits

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SCHEDULE H
(Form 5471)

Current Earnings and Profits

(September 2018)
Department of the Treasury
Internal Revenue Service

OMB No. 1545-0704

Attach to Form 5471.
Go to www.irs.gov/Form5471 for instructions and the latest information.
▶

▶

Identifying number

Name of person filing Form 5471
Name of foreign corporation

Reference ID number (see instructions)

EIN (if any)

DRAFT AS OF
September 17, 2018
DO NOT FILE
a Separate Category (Enter code–see instructions.)
. . . . . . . . . . . . . . . . .
b If code 901j is entered on line a, enter the country code for the sanctioned country (see instructions) .

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▶

IMPORTANT: Enter the amounts on lines 1 through 5c in functional currency.
1

Current year net income or (loss) per foreign books of account

2

Net adjustments made to line 1 to determine current
earnings and profits according to U.S. financial and tax
Net Additions
accounting standards (see instructions):
Capital gains or losses . . . . . . . . . .
2a
Depreciation and amortization . . . . . . . .
2b
Depletion . . . . . . . . . . . . . . .
2c
Investment or incentive allowance . . . . . . .
2d
Charges to statutory reserves . . . . . . . .
2e
Inventory adjustments
. . . . . . . . . .
2f
Income taxes (see Schedule E, Part I, line 9, column (j))
2g
Foreign currency gains or losses . . . . . . .
2h
Other (attach statement) . . . . . . . . . .
2i
Total net additions . . . . . . . . . . . .
3
Total net subtractions . . . . . . . . . . .
4
Current earnings and profits (line 1 plus line 3 minus line 4) . . . . . . .
DASTM gain or (loss) for foreign corporations that use DASTM (see instructions)
Combine lines 5a and 5b . . . . . . . . . . . . . . . . . . .
Current earnings and profits in U.S. dollars (line 5c translated at the average
defined in section 989(b)(3) and the related regulations (see instructions)) . . .
Enter exchange rate used for line 5d ▶

a
b
c
d
e
f
g
h
i

3
4
5a
b
c
d

For Paperwork Reduction Act Notice, see instructions.

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Cat. No. 71399W

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1

Net Subtractions

. . . . . .
. . . . . .
. . . . . .
exchange rate, as
. . . . . .

5a
5b
5c
5d
Schedule H (Form 5471) (9-2018)