Controlled foreign corporations, 2000

Controlled foreign corporations, 2000

Lee Mahony

For Tax Year 2000, the 7,500 largest foreign corporations controlled by large U.S. multinational corporations held $4.4 trillion in assets and reported receipts of $2.2 trillion. These amounts increased from Tax Year 1998 by 35.6 percent and 23.3 percent, respectively [1]. The 7,500 largest foreign corporations paid $43.1 billion in income taxes on $207.6 billion in earnings and profits (less deficit) before income taxes. These amounts are 24.2 percent and 44.3 percent increases from Tax Year 1998, respectively.

Almost 78 percent, or 5,849, of the 7,500 largest controlled foreign corporations (CFC’s) were concentrated in three major industrial sectors: goods production, services, and finance, insurance, real estate, and rental and leasing. These three industrial sectors accounted for 84.5 percent of assets ($3,688.7 billion), 70.6 percent of total receipts ($1,522.9 billion), 69.0 percent of income taxes ($29.8 billion), and 79.0 percent of earnings and profits (less deficit) before income taxes ($164.0 billion).

For Tax Year 2000, the 7,500 largest CFC’s were incorporated in 107 different countries [2]. Almost 53 percent, or 3,951 CFC’s, were incorporated in Europe. More than 92 percent of these European CFC’s were based in European Union countries. Latin America and Asia accounted for 16.5 percent and 11.1 percent of the 7,500 largest CFC’s, respectively.

Controlled Foreign Corporations

Direct foreign investment by U.S. persons may take several forms, including establishing foreign branches, partnerships with foreign entities, and separate corporations. For U.S. income tax purposes, a foreign corporation is “controlled” if U.S. shareholders own more than 50 percent of its outstanding voting stock, or more than 50 percent of the value of all its outstanding stock (directly, indirectly, or constructively) on any day during the foreign corporation’s tax year. A “noncontrolled” foreign corporation is any foreign corporation that fails to meet either of the above requirements for control.

For purposes of determining control, a U.S. shareholder is defined as a U.S. person who owns 10 percent or more of the foreign corporation’s total combined voting stock [3]. However, for SOI purposes, a foreign corporation is controlled only if one U.S. corporation satisfies either of the above 50-percent ownership requirements for an uninterrupted period of at least 30 days during the foreign corporation’s tax year. For Tax Year 2000, there were 1,087 U.S. corporations that controlled the 7,500 largest CFC’s.

In general, the foreign source income of a foreign corporation is not taxable to the U.S. shareholders until repatriated in the form of a dividend. Recognizing that income could be accumulated in a CFC, thus deferring U.S. tax on this income indefinitely, Congress enacted the Subpart F provisions of the Internal Revenue Code in 1962. These provisions require certain items of income to be treated as dividends deemed paid to the U.S. shareholders and, therefore, subject to U.S. taxation. Currently, a U.S. shareholder of a CFC may be required to include in gross income the shareholder’s ratable share of the CFC’s: (1) Subpart F income (see Subpart F Income in the Explanation of Selected Terms); (2) earnings invested in U.S. property; (3) previously excluded Subpart F income withdrawn from “qualified investments” in less developed countries and in “foreign base company” shipping operations; (4) previously excluded export trade income withdrawn from investment in export trade assets; and (5) factoring income (income derived from the acquisition of a trade or service receivable).

CFC’s by Industrial Sector

For Tax Year 2000, CFC’s engaged in finance, insurance, real estate, and rental and leasing accounted for 41.8 percent of end-of-year assets, 9.9 percent of total receipts, and 17.3 percent of current earnings and profits (less deficit) before income taxes reported by the 7,500 largest CFC’s (Figure A and Table 1). Nearly 63 percent of the total receipts and 48.3 percent of earnings and profits (less deficit) before income taxes for this industrial grouping were accounted for by two subsectors: security, commodity contracts, and other financial investments and related products; and insurance carriers and related activities. Goods producers accounted for 21.3 percent of end-of-year assets, 46.4 percent of total receipts, and 39.0 percent of earnings and profits (less deficit) before income taxes of the largest 7,500 CFC’s. Chemical, computer and electronic product, and transportation equipment manufacturing collectively reported 60.8 percent of end-of-year assets, 63.0 percent of total receipts, and 62.5 percent of earnings and profits (less deficits) before income taxes for all goods producers.

The two major industrial sectors experiencing the largest growth between Tax Years 1998 and 2000 were services and information (Figure B). For Tax Year 2000, CFC’s engaged in services reported $933.0 billion in end-of-year assets, $308.0 billion in total receipts, and $47.2 billion in earnings and profits (less deficit) before income taxes. These amounts increased from Tax Year 1998 by 47.7 percent, 70.5 percent, and 54.1 percent, respectively. Over 92 percent of end-of-year assets, total receipts, and current earnings and profits (less deficit) before income taxes in services were reported by CFC’s engaged in professional and business services, a group that includes the management of companies and enterprises sector. CFC’s in the information sector reported $165.9 billion in end-of-year assets and $49.8 billion in total receipts for Tax Year 2000. These amounts increased from Tax Year 1998 by 130.9 percent and 53.3 percent, respectively.

While all major industrial sectors experienced considerable growth in end-of-year assets and total receipts between Tax Years 1998 and 2000, there was moderate change in the percentage of the largest 7,500 CFC’s included in each major industrial sector. The percentage of the largest 7,500 CFC’s engaged in goods production declined from 33.0 percent to 29.3 percent between Tax Years 1998 and 2000. CFC’s included in the information sector grew from 2.9 percent of the largest 7,500 CFC’s in Tax Year 1998 to 4.0 percent in Tax Year 2000. The services sector accounted for 23.6 percent of the largest 7,500 CFC’s in Tax Year 1998 and 25.9 percent in Tax Year 2000.

Geographic Distribution of CFC’s

For Tax Year 2000, Europe accounted for 61.2 percent of end-of-year assets, 54.3 percent of total receipts, and 55.4 percent of earnings and profits (less deficit) before income taxes for the 7,500 largest CFC’s (Figure C and Tables 2 and 3). These amounts represent slight declines from Tax Year 1998 in the European-based CFC’s share of the largest 7,500 CFC’s total end-of-year assets, total receipts, and total earnings and profits (less deficit) before income taxes. The two geographic groupings with the smallest representation in the 7,500 largest CFC’s were Africa and U.S. Possessions (including Puerto Rico). These two regions collectively accounted for less than 1.0 percent of end-of-year assets and total receipts and slightly more than 1.0 percent of earnings and profits (less deficit) before income taxes.

Two regions experienced significant growth between Tax Years 1998 and 2000. For Tax Year 2000, CFC’s based in other Western Hemisphere countries reported $221.2 billion in end-of-year assets, $ 77.7 billion in total receipts, and $12.5 billion in earnings and profits (less deficit) before income taxes. These amounts increased from Tax Year 1998 by 83.4 percent, 119.8 percent, and 186.8 percent, respectively. Asian CFC’s reported $392.1 billion in end-of-year assets, $324.6 billion in total receipts, and $26.8 billion in earnings and profits (less deficit) before income taxes. These totals represent increases from Tax Year 1998 of 34.7 percent, 46.0 percent, and 89.7 percent, respectively.

Figure D, which shows the number of CFC’s and total receipts for selected countries for the largest 7,500 CFC’s for Tax Years 1996, 1998, and 2000, indicates that several individual countries experienced large growth in total receipts between Tax Years 1996 and 2000. Total receipts of Chinese CFC’s grew 167.1 percent despite only a 9.1-percent rise in the number of Chinese corporations included in the largest 7,500 CFCs. Total receipts of Venezuelan CFC’s grew 117.9 percent between Tax Years 1996 and 2000. Mexican and Swiss CFC’s also experienced large growth, reporting a 105.5-percent and 100.7-percent increase in total receipts, respectively, between Tax Years 1996 and 2000.

Profitability

For purposes of this article, two measures are used to assess pretax profitability for the 7,500 largest CFC’s: rate of return on assets and profit margin. Rate of return on assets is defined as current earnings and profits (less deficit) before income taxes divided by end-of-year assets. Profit margin is defined as current earnings and profits (less deficit) before income taxes divided by total receipts.

Both measures of profitability increased from Tax Year 1992 to Tax Year 1996, decreased from Tax Year 1996 to Tax Year 1998, and increased again from Tax Year 1998 to Tax Year 2000. Between Tax Year 1992 and Tax Year 1996, the aggregate rate of return on assets increased from 4.4 percent to 5.1 percent. The rate of return on assets fell to 4.5 percent in Tax Year 1998 before rising to 4.8 percent in Tax Year 2000. Profit margins increased from 5.7 percent in Tax Year 1992 to 8.4 percent in Tax Year 1996 before decreasing to 8.2 percent in Tax Year 1998. Profit margins then increased to a decade high of 9.6 percent in Tax Year 2000.

For Tax Year 2000, profitability measures varied among the six different major industrial sectors. Of the largest 7,500 CFC’s, those engaged in raw materials and energy production reported a 10.3-percent rate of return on assets and a 23.4-percent profit margin. These CFC’s reported a 5.6-percent rate of return on assets and a 13.9-percent profit margin for Tax Year 1998. CFC’s involved in the service industry reported a 5.1-percent rate of return on assets and a 15.3-percent profit margin for Tax Year 2000. For Tax Year 1998, these CFC’s reported a 4.9-percent rate of return on assets and a 17.0-percent profit margin.

Distributions of Earnings and Profits

The 7,500 largest CFC’s distributed $94.9 billion to U.S. and foreign shareholders out of earnings and profits in Tax Year 2000. Slightly more than 65 percent of distributions out of earnings and profits were from not previously taxed earnings and profits ($62.0 billion), while the remainder was distributed from previously taxed earnings and profits ($32.8 billion).

The majority of distributions out of earnings and profits are attributable to CFC’s doing business in the goods production and services sectors. These two industrial sectors distributed $56.6 billion out of earnings and profits or 59.7 percent of total distributions out of earnings and profits for all industries. Of this total, $38.0 billion were from not previously taxed earnings and profits, with the remaining $18.6 billion coming out of previously taxed earnings and profits. Several industrial sectors had significant increases of distributions out of earnings and profits from Tax Year 1998 to Tax Year 2000. CFC’s engaged in the raw materials and energy production, information, and finance, insurance, real estate, and rental and leasing sectors reported increases of distributions out of earnings and profits of 59.3 percent, 70.2 percent, and 46.3 percent, respectively.

European-based CFC’s accounted for 57.2 percent ($54.3 billion) of all distributions out of earnings and profits. Slightly more than 62 percent of these distributions were from not previously taxed earnings and profits ($33.7 billion), with the remainder distributed from previously taxed earnings and profits ($20.5 billion). Foreign entities incorporated in Asian countries distributed $12.6 billion out of earnings and profits in Tax Year 2000. This represents an 81.6-percent increase over Tax Year 1998. Latin American-based CFC’s distributed $10.5 billion out of earnings and profits in Tax Year 2000, a 24.9-percent increase over Tax Year 1998.

From Tax Year 1998 to Tax Year 2000, four of the six major industrial sectors saw a decline in the taxable payout ratio, defined as taxable dividends paid to a U.S. person by a CFC with positive current earnings and profits net of current year Subpart F income divided by positive current earnings and profits net of current year Subpart F income (Figure E) (see definition of “U.S. person,” “Current earnings and profits,” and “Subpart F Income” in the Explanation of Selected Terms). Among the largest 7,500 CFC’s, the taxable dividend payout ratio declined from 19.8 percent to 8.7 percent (a 56.1-percent decline) and from 25.2 percent to 15.2 percent (36.9 percent) for the distribution and transportation of goods and services sectors, respectively [4]. From Tax Year 1998 to Tax Year 2000, foreign corporations engaged in the raw materials and energy production and information sectors reported increases in the taxable payout ratio from 21.9 percent to 23.6 percent (a 7.8-percent increase) and from 4.5 percent to 10.1 percent (124.4 percent), respectively [5].

Data Sources and Limitations

The statistics presented in this article are based on information collected from corporation tax returns with accounting periods ending July 2000 through June 2001 and their attached Form(s) 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. A U.S. corporation is required by Internal Revenue Service regulations to submit a Form 5471 for any Controlled Foreign Corporation (CFC) with an accounting period ending with or within the U.S. parent’s accounting period. Thus, the CFC’s accounting period may have ended as early as July 1999 and as late as June 2001. However, most CFC activity occurred in Calendar Year 2000.

These statistics report data for the largest (in terms of total assets (see definition of “Total assets” in the Explanation of Selected Terms)) active 7,500 foreign corporations controlled by U.S. corporations with total assets of $500 million or more (see definition of “Active versus inactive Controlled Foreign Corporations” in the Explanation of Selected Terms). The 7,500 largest CFC’s accounted for 90.1 percent of total end-of-year assets, 80.5 percent of total receipts, and 88.1 percent of current earnings and profits (less deficit) before income taxes reported by all active CFC’s of these U.S. corporations with assets of $500 million or more [6]. The amount of total assets for these 7,500 largest CFC’s ranged from approximately $75 million to $229 billion [7].

Since the 1,087 parent corporations with assets of $500 million or more and CFC’s included in the largest 7,500 controlled foreign corporations were selected at a 100-percent rate for the Statistics of Income sample of all corporation income tax returns, the data are not subject to sampling variability, although they may be subject to nonsampling error.

Several limitations apply when making comparisons to prior-year statistics for the 7,500 largest CFC’s. First, the composition of the 7,500 largest CFC’s is not consistent across tax years. For example, approximately two thirds of the largest 7,500 CFC’s for Tax Year 2000 were also included in the 7,500 largest CFC’s for Tax Year 1998. Many of the 7,500 largest CFC’s for Tax Year 1998 that were not included among the largest 7,500 CFC’s for Tax Year 2000 were still controlled by U.S. corporations, but the size of their total assets for Tax Year 2000 excluded them from this group. In addition, some of the 7,500 largest CFC’s for Tax Year 1998 were not included for Tax Year 2000 because they were no longer “controlled” or because the size of the U.S. parent’s total assets had fallen under $500 million.

Second, statistics previously published by Statistics of Income for tax years before 1986 were for all CFC’s controlled by U.S. corporations with total assets of $250 million or more, not just the largest 7,500 CFC’s controlled by U.S. corporations with total assets of $500 million or more. Therefore, the statistics for these years include smaller and inactive CFC’s. For this reason, comparisons between statistics on the largest CFC’s and statistics for years before 1986 should be made with caution.

Finally, caution should be used when comparing data by industrial groupings. For Tax Years 1998 and 2000, CFC’s were classified under the North American Industry Classification System (NAICS), which differs from the Standard Industrial Classification (SIC) system used before Tax Year 1998. While most industries were not affected by the implementation of NAICS, the grouping of some economic activity was changed. The most significant change was the movement of the management of companies and enterprises sector from finance, insurance, real estate, and rental leasing under the SIC system to services under NAICS.

It should also be noted that the industrial mix of the 7,500 largest CFC’s is not representative of the industrial mix of all active foreign corporations controlled by U.S. corporations reporting $500 million or more in assets. For example, 12.2 percent of the largest 7,500 CFC’s for Tax Year 2000 were primarily engaged in distribution and transportation of goods, while almost 21.0 percent of all active CFC’s of U.S. corporations reporting $500 million or more in total assets were involved in the same sector [8]. Conversely, only 13.6 percent of all active CFC’s of U.S. corporations reporting $500 million or more in total assets were classified in business in the finance, insurance, real estate, and rental and leasing sector, while 22.8 percent of the largest 7,500 CFC’s for Tax Year 2000 were engaged in this industrial sector [9]. Furthermore, CFC’s were classified by industry based on their principal business activity as reported on Form 5471. However, assets, receipts, and profits may have also been related to secondary business activities. It is not possible to measure the extent of these secondary business activities because these activities were not detailed on Form 5471.

Explanation of Selected Terms

Active versus inactive Controlled Foreign Corporations.–In general, a foreign corporation was considered “active” if earnings and profits, incomes taxes, receipts, expenses, or certain transactions between the foreign corporation and its subsidiaries or majority shareholder were reported on Form 5471, Information Return of US. Persons with Respect to Certain Foreign Corporations. The filing of Form 5471 was required even if a CFC was dormant or inactive for Tax Year 2000. All CFC’s included in the largest 7,500 CFC’s grouping were active for Tax Year 2000.

Controlled Foreign Corporation.–Section 957 of the Internal Revenue Code defines a foreign corporation as “controlled” if more than 50 percent of the total combined voting power of all classes of stock entitled to vote, or the value of all its outstanding stock, is owned (directly, indirectly, or constructively) by U.S. shareholders on any day during the foreign corporation’s tax year. A U.S. shareholder for purposes of determining control is defined as a “U.S. person” (see definition below) owning 10 percent or more of the foreign corporation’s voting stock. For purposes of these statistics, a foreign corporation was “controlled” only if a single U.S. corporation satisfied the ownership requirements for an uninterrupted period of at least 30 days. A CFC could be controlled indirectly through a partnership if the U.S. corporation was a controlling partner. To the extent possible, these CFC’s were also included in the statistics.

Country of incorporation.–The country of incorporation is the country under whose laws the CFC is legally created. The country of incorporation of a CFC was not necessarily the principal place of business. Two hundred eighty (3.7 percent) of the largest 7,500 CFC’s reported a principal place of business other than their countries of incorporation for Tax Year 2000. Tables 2 and 3 provide data by country of incorporation; data by principal place of business are not included in these statistics.

Current earnings and profits.–“Current earnings and profits” represent the difference between total earnings and profits of the foreign corporation at the end of the current year (before reduction by dividends paid during the year) and the accumulated earnings and profits of the corporation at the beginning of the year. Although current earnings and profits typically are an after-tax measure of profits, they are shown in these statistics both before and after taxes. Earnings and profits are a tax concept referring to the economic capacity of a corporation to make a distribution to shareholders that is not a return on capital. The concept is similar to the notion of retained earnings. The term “earnings and profits” is not specifically defined in the Internal Revenue Code. In those instances where current earnings and profits were not reported for the foreign corporation, net income per books was used in the place of missing earnings and profits.

Distributions out of earnings and profits.–A distribution comes first from current earnings and profits and then from accumulated earnings and profits.

European Monetary Union.–The members of the European Monetary Union for all of Tax Year 2000 were: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain. Greece joined the European Monetary Union in January 2001.

Income taxes.–CFC’s reported income, war profits, and excess profits taxes paid or accrued for their annual accounting period to any foreign country or a U.S. Possession as income tax.

OPEC countries.–The members of the Organization of Petroleum Exporting Countries (OPEC) for Tax Year 2000 were: Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.

Previously taxed earnings and profits.–This includes any earnings and profit amounts that were subject to U.S. tax in the current year or in a prior year but not distributed. Previously taxed earnings and profits include amounts related to Subpart F income (see definition below), earnings related to investments in certain U.S. property, previously excluded Subpart F income withdrawn from qualified investments, previously excluded export trade income withdrawn from investment in export trade assets, factoring income, and earnings invested in excess passive assets.

Subpart F income.–Internal Revenue Code sections 951 and 952 stipulate specific cases in which earnings and profits are deemed to have been paid by a CFC to the U.S. shareholder. Such income is subject to U.S. tax whether or not it is repatriated to U.S. shareholders in the form of an actual dividend. Internal Revenue Code section 951 provides that U.S. shareholders include in their gross incomes certain undistributed profits of foreign corporations controlled by U.S. shareholders. Subpart F income from a CFC includes certain insurance income of U.S. risks, “foreign base company” income, international boycott participation income, bribes and other illegal payments to foreign government officials, and income from any country which the United States does not recognize or with which it has severed relations, or which repeatedly provides support for acts of international terrorism.

Total assets .–For purposes of determining the largest 7,500 CFC’s for these statistics, total assets are defined as the larger of the foreign corporation’s beginning-of-year and end-of-year assets.

Total receipts.–Total receipts equal business receipts (gross receipts from sales and operations), plus income from investment. In the statistics reported prior to 1990, business receipts were used to describe the larger of gross receipts from sales and operations and “total income.” The latter is a tax return concept used to describe the sum of business receipts less cost of sales and operations (i.e., gross profit), plus income (less loss) from investments.

U.S. person.–A U.S. person can be a U.S. citizen or resident, a domestic partnership, a domestic corporation, or an estate or trust (other than a foreign estate or trust whose income from sources outside the United States is not includable in the beneficiaries’ gross incomes).

Table 1.–U.S. Corporations with Total Assets of $500 Million or More

and Their 7,500 Largest Controlled Foreign Corporations: Number,

Assets, Receipts, Earnings, Taxes, Distributions, and Subpart F

Income, by Selected North American Industry Classification System

(NAICS) Industrial Sector of Controlled Foreign Corporation

[Money amounts are in thousands of dollars]

7,500 largest

Controlled

Foreign

Corporations

Number of

Selected industrial sector U.S. Number of

of 7,500 largest Controlled corporation foreign

Foreign Corporations returns (1) corporations

(1) (2)

All industries 1,087 7,500

Raw materials and energy production 107 435

Agriculture, forestry, fishing,

and hunting 15 27

Mining 63 248

Oil and gas extraction 46 189

Coal mining 3 5

Metal ore mining 8 21

Other mining 18 33

Utilities 36 160

Goods production 496 2,197

Construction 17 41

Building, developing, and

general contracting 4 5

Heavy construction 4 10

Special trade contractors 9 26

Manufacturing 484 2,156

Food manufacturing 34 170

Beverage and tobacco product

manufacturing 14 83

Textile mills and textile

product mills 5 7

Apparel manufacturing 9 20

Wood product manufacturing 7 12

Paper manufacturing 29 96

Petroleum and coal products

manufacturing 14 52

Chemical manufacturing 106 511

Pharmaceutical and medicine

manufacturing 29 162

Other chemical manufacturing 85 349

Plastics and rubber products

manufacturing 30 83

Nonmetallic mineral product

manufacturing 16 51

Primary metal manufacturing 15 31

Fabricated metal product

manufacturing 33 87

Machinery manufacturing 41 112

Computer and electronic product

manufacturing 92 298

Electric equipment, appliance,

and component manufacturing 47 120

Transportation equipment

manufacturing 47 234

Motor vehicles and parts

manufacturing 37 212

Other transportation

equipment manufacturing 15 22

Furniture and related product

manufacturing 6 8

Miscellaneous manufacturing 73 181

Distribution and transportation of

goods 290 915

Wholesale and retail trade 266 838

Wholesale trade 220 700

Machinery, equipment, and

supplies wholesalers 29 88

Drugs and druggists’ sundries

wholesalers 20 50

Grocery and related product

wholesalers 13 16

Petroleum and petroleum

products wholesalers 13 68

Other wholesale trade 167 468

Retail trade 63 138

Motor vehicle dealers and

parts dealers 5 14

Building materials and garden

equipment and supplies

dealers 3 8

Food and beverage stores 6 6

Clothing and clothing

accessories stores 7 15

General merchandise stores 6 19

Other retailers 37 76

Transportation and warehousing 39 77

Transportation 29 64

Warehousing and storage 11 13

Information 85 298

Publishing industries 18 36

Broadcasting and

telecommunications 43 198

Other information industries 27 64

Finance, insurance, real estate,

and rental and leasing 360 1,713

Depository credit intermediation 31 123

Nondepository credit

intermediation 105 356

Security, commodity contracts and

other financial investments and

related products 178 570

Insurance carriers and related

activities 79 253

Funds, trusts, and other

financial activities 71 173

Real estate and rental and

leasing 73 238

Services 568 1,939

Professional and business

services 553 1,812

Education, health, and social

assistance 6 12

Leisure, accommodation, and food

services 20 81

Other services 19 34

Nature of business not allocable 3 3

7,500 largest Controlled

Foreign Corporations

Total assets

Selected industrial sector

of 7,500 largest Controlled Beginning

Foreign Corporations of year End of year

(3) (4)

All industries 3,563,713,908 4,367,374,661

Raw materials and energy production 210,629,058 249,030,747

Agriculture, forestry, fishing,

and hunting 9,431,242 5,040,554

Mining 111,404,874 124,352,183

Oil and gas extraction 94,833,978 103,432,694

Coal mining 797,946 634,891

Metal ore mining 9,228,417 11,124,300

Other mining 6,544,532 9,160,298

Utilities 89,792,942 119,638,010

Goods production 861,568,486 930,057,315

Construction 7,470,477 8,291,965

Building, developing, and

general contracting 1,008,772 1,121,175

Heavy construction 2,346,392 2,629,139

Special trade contractors 4,115,313 4,541,650

Manufacturing 854,098,009 921,765,350

Food manufacturing 47,588,841 49,026,343

Beverage and tobacco product

manufacturing 42,736,222 37,764,448

Textile mills and textile

product mills 1,107,455 770,886

Apparel manufacturing 4,461,384 4,012,305

Wood product manufacturing 1,695,686 2,114,077

Paper manufacturing 35,317,507 36,107,708

Petroleum and coal products

manufacturing 45,942,969 39,225,986

Chemical manufacturing 216,292,739 243,704,334

Pharmaceutical and medicine

manufacturing 114,337,140 141,214,362

Other chemical manufacturing 101,955,599 102,489,971

Plastics and rubber products

manufacturing 23,073,668 24,476,399

Nonmetallic mineral product

manufacturing 24,097,287 25,396,229

Primary metal manufacturing 10,732,559 11,590,676

Fabricated metal product

manufacturing 16,513,090 16,384,129

Machinery manufacturing 32,244,346 32,216,073

Computer and electronic product

manufacturing 152,694,357 186,829,245

Electric equipment, appliance,

and component manufacturing 22,035,658 27,009,074

Transportation equipment

manufacturing 131,649,034 134,648,904

Motor vehicles and parts

manufacturing 126,034,407 127,748,900

Other transportation

equipment manufacturing 5,614,627 6,900,003

Furniture and related product

manufacturing 1,131,436 1,786,199

Miscellaneous manufacturing 44,783,771 48,702,337

Distribution and transportation of

goods 235,698,565 263,081,889

Wholesale and retail trade 221,209,165 246,878,967

Wholesale trade 174,980,529 192,032,064

Machinery, equipment, and

supplies wholesalers 29,218,635 36,468,936

Drugs and druggists’ sundries

wholesalers 17,637,895 20,149,938

Grocery and related product

wholesalers 4,500,612 4,314,808

Petroleum and petroleum

products wholesalers 26,343,697 23,441,688

Other wholesale trade 97,279,690 107,656,695

Retail trade 46,228,636 54,846,902

Motor vehicle dealers and

parts dealers 1,096,347 2,190,444

Building materials and garden

equipment and supplies

dealers 1,677,165 1,947,417

Food and beverage stores 2,356,188 2,551,093

Clothing and clothing

accessories stores 2,416,192 3,624,923

General merchandise stores 21,482,434 25,652,605

Other retailers 17,200,310 18,880,420

Transportation and warehousing 14,489,401 16,202,922

Transportation 11,971,722 12,949,638

Warehousing and storage 2,517,679 3,253,284

Information 114,288,514 165,895,788

Publishing industries 10,477,711 12,691,323

Broadcasting and

telecommunications 85,714,520 134,473,709

Other information industries 18,096,282 18,730,756

Finance, insurance, real estate,

and rental and leasing 1,418,627,626 1,825,708,854

Depository credit intermediation 156,376,234 204,329,920

Nondepository credit

intermediation 268,347,697 308,442,542

Security, commodity contracts and

other financial investments and

related products 658,953,011 886,031,261

Insurance carriers and related

activities 162,797,859 198,460,895

Funds, trusts, and other

financial activities 115,375,525 155,541,662

Real estate and rental and

leasing 56,777,300 72,902,575

Services 722,822,958 932,952,141

Professional and business

services 689,802,418 898,823,111

Education, health, and social

assistance 1,248,625 2,094,395

Leisure, accommodation, and food

services 25,211,139 25,302,937

Other services 6,560,776 6,731,697

Nature of business not allocable 78,701 647,928

7,500 largest Controlled

Foreign Corporations

Current earnings

Selected industrial sector and profits

of 7,500 largest Controlled Total (less deficit)

Foreign Corporations receipts before income

taxes

(5) (6)

All industries 2,157,736,289 207,576,012

Raw materials and energy production 109,464,006 25,618,867

Agriculture, forestry, fishing,

and hunting 4,025,386 80,118

Mining 56,670,339 21,879,373

Oil and gas extraction 49,221,824 21,687,364

Coal mining 202,275 -122,388

Metal ore mining 3,790,541 36,133

Other mining 3,455,699 278,263

Utilities 48,768,282 3,659,377

Goods production 1,002,032,315 80,911,319

Construction 8,861,969 874,850

Building, developing, and

general contracting 686,702 93,776

Heavy construction 2,570,333 159,639

Special trade contractors 5,604,934 621,435

Manufacturing 993,170,346 80,036,470

Food manufacturing 52,907,902 4,222,530

Beverage and tobacco product

manufacturing 45,733,149 6,955,717

Textile mills and textile

product mills 843,155 87,039

Apparel manufacturing 4,624,405 413,590

Wood product manufacturing 1,546,129 61,127

Paper manufacturing 20,589,018 1,548,849

Petroleum and coal products

manufacturing 74,210,582 3,418,399

Chemical manufacturing 162,429,897 26,817,021

Pharmaceutical and medicine

manufacturing 79,220,248 18,690,520

Other chemical manufacturing 83,209,649 8,126,501

Plastics and rubber products

manufacturing 21,758,684 1,400,650

Nonmetallic mineral product

manufacturing 9,185,264 1,379,810

Primary metal manufacturing 9,358,335 1,347,155

Fabricated metal product

manufacturing 13,206,911 712,976

Machinery manufacturing 34,860,488 1,562,215

Computer and electronic product

manufacturing 232,616,876 17,032,926

Electric equipment, appliance,

and component manufacturing 28,263,878 2,432,205

Transportation equipment

manufacturing 236,487,526 6,742,697

Motor vehicles and parts

manufacturing 230,403,619 6,066,381

Other transportation

equipment manufacturing 6,083,908 676,315

Furniture and related product

manufacturing 1,413,435 113,985

Miscellaneous manufacturing 43,134,713 3,787,580

Distribution and transportation of

goods 475,399,981 16,919,764

Wholesale and retail trade 465,542,971 16,499,042

Wholesale trade 366,808,400 12,519,802

Machinery, equipment, and

supplies wholesalers 63,730,075 2,312,457

Drugs and druggists’ sundries

wholesalers 21,967,953 2,689,324

Grocery and related product

wholesalers 5,301,536 258,368

Petroleum and petroleum

products wholesalers 71,746,897 -99,640

Other wholesale trade 204,061,939 7,359,293

Retail trade 98,734,571 3,979,240

Motor vehicle dealers and

parts dealers 3,786,341 -4,153

Building materials and garden

equipment and supplies

dealers 2,581,198 63,790

Food and beverage stores 7,919,384 139,070

Clothing and clothing

accessories stores 3,601,672 369,875

General merchandise stores 37,222,306 1,407,120

Other retailers 43,623,669 2,003,537

Transportation and warehousing 9,857,010 420,722

Transportation 8,580,928 420,393

Warehousing and storage 1,276,082 329

Information 49,818,018 1,001,517

Publishing industries 6,633,442 2,121,781

Broadcasting and

telecommunications 31,064,751 -2,358,824

Other information industries 12,119,825 1,238,560

Finance, insurance, real estate,

and rental and leasing 212,915,499 35,858,768

Depository credit intermediation 18,599,199 4,692,564

Nondepository credit

intermediation 30,852,167 6,820,541

Security, commodity contracts and

other financial investments and

related products 79,808,635 13,457,056

Insurance carriers and related

activities 54,060,934 3,851,586

Funds, trusts, and other

financial activities 16,298,792 4,384,092

Real estate and rental and

leasing 13,295,772 2,652,929

Services 307,993,046 47,229,104

Professional and business

services 286,015,044 45,378,437

Education, health, and social

assistance 548,780 29,678

Leisure, accommodation, and food

services 15,285,042 1,278,275

Other services 6,144,181 542,713

Nature of business not allocable 113,424 36,672

7,500 largest Controlled

Foreign Corporations

Current earnings

Selected industrial sector and profits (less

of 7,500 largest Controlled Income taxes deficit) after

Foreign Corporations income taxes

(7) (8)

All industries 41,143,111 164,432,900

Raw materials and energy production 7,903,885 17,714,982

Agriculture, forestry, fishing,

and hunting 12,021 68,097

Mining 7,547,828 14,331,544

Oil and gas extraction 7,301,689 14,385,675

Coal mining 11,631 -134,019

Metal ore mining 87,353 -51,220

Other mining 147,155 131,108

Utilities 344,036 3,315,341

Goods production 17,212,236 63,699,083

Construction 214,756 660,094

Building, developing, and

general contracting 19,193 74,584

Heavy construction 71,601 88,038

Special trade contractors 123,962 497,472

Manufacturing 16,997,480 63,038,989

Food manufacturing 1,115,503 3,107,027

Beverage and tobacco product

manufacturing 1,391,495 5,564,222

Textile mills and textile

product mills 29,369 57,669

Apparel manufacturing 38,308 375,282

Wood product manufacturing 24,897 36,229

Paper manufacturing 449,651 1,099,197

Petroleum and coal products

manufacturing 1,199,994 2,218,406

Chemical manufacturing 4,042,459 22,774,562

Pharmaceutical and medicine

manufacturing 2,184,520 16,505,999

Other chemical manufacturing 1,857,939 6,268,563

Plastics and rubber products

manufacturing 355,980 1,044,670

Nonmetallic mineral product

manufacturing 326,518 1,053,292

Primary metal manufacturing 446,723 900,432

Fabricated metal product

manufacturing 215,194 497,782

Machinery manufacturing 455,503 1,106,712

Computer and electronic product

manufacturing 3,439,318 13,593,608

Electric equipment, appliance,

and component manufacturing 417,612 2,014,593

Transportation equipment

manufacturing 2,107,621 4,635,076

Motor vehicles and parts

manufacturing 1,977,483 4,088,898

Other transportation

equipment manufacturing 130,137 546,178

Furniture and related product

manufacturing 39,253 74,732

Miscellaneous manufacturing 902,081 2,885,500

Distribution and transportation of

goods 4,447,881 12,471,883

Wholesale and retail trade 4,295,401 12,203,641

Wholesale trade 3,005,249 9,514,553

Machinery, equipment, and

supplies wholesalers 417,981 1,894,476

Drugs and druggists’ sundries

wholesalers 533,450 2,155,875

Grocery and related product

wholesalers 64,266 194,102

Petroleum and petroleum

products wholesalers 180,189 -279,829

Other wholesale trade 1,809,363 5,549,929

Retail trade 1,290,152 2,689,088

Motor vehicle dealers and

parts dealers 1,616 -5,768

Building materials and garden

equipment and supplies

dealers 52,673 11,117

Food and beverage stores 119,136 19,934

Clothing and clothing

accessories stores 76,032 293,843

General merchandise stores 476,149 930,970

Other retailers 564,545 1,438,992

Transportation and warehousing 152,480 268,242

Transportation 144,191 276,203

Warehousing and storage 8,289 -7,960

Information 1,021,597 -20,081

Publishing industries 136,160 1,985,621

Broadcasting and

telecommunications 656,795 -3,015,619

Other information industries 228,642 1,009,918

Finance, insurance, real estate,

and rental and leasing 6,541,456 29,317,313

Depository credit intermediation 980,172 3,712,392

Nondepository credit

intermediation 1,262,207 5,558,335

Security, commodity contracts and

other financial investments and

related products 2,376,297 11,080,760

Insurance carriers and related

activities 1,022,225 2,829,361

Funds, trusts, and other

financial activities 519,814 3,864,278

Real estate and rental and

leasing 380,742 2,272,187

Services 6,015,238 41,213,866

Professional and business

services 5,509,708 39,868,729

Education, health, and social

assistance 17,507 12,170

Leisure, accommodation, and food

services 426,428 851,847

Other services 61,595 481,119

Nature of business not allocable 818 35,854

7,500 largest Controlled

Foreign Corporations

Foreign corporations with

current earnings and profits

(+) before income taxes

Current earnings

Selected industrial sector and profits

of 7,500 largest Controlled before income Income taxes

Foreign Corporations taxes

(9) (10)

All industries 243,215,063 42,159,723

Raw materials and energy production 27,627,272 7,858,067

Agriculture, forestry, fishing,

and hunting 129,364 4,781

Mining 23,150,120 7,480,758

Oil and gas extraction 22,359,410 7,280,959

Coal mining 27,777 11,288

Metal ore mining 366,624 89,271

Other mining 396,307 99,240

Utilities 4,347,788 372,528

Goods production 91,707,861 16,957,678

Construction 921,128 209,979

Building, developing, and

general contracting 93,776 19,193

Heavy construction 163,639 71,601

Special trade contractors 663,713 119,186

Manufacturing 90,786,732 16,747,699

Food manufacturing 4,558,814 1,109,431

Beverage and tobacco product

manufacturing 7,120,335 1,392,587

Textile mills and textile

product mills 90,480 29,369

Apparel manufacturing 436,409 36,210

Wood product manufacturing 78,529 25,473

Paper manufacturing 1,832,249 469,117

Petroleum and coal products

manufacturing 4,099,510 1,195,622

Chemical manufacturing 28,317,084 3,974,158

Pharmaceutical and medicine

manufacturing 19,215,826 2,131,652

Other chemical manufacturing 9,101,257 1,842,505

Plastics and rubber products

manufacturing 1,563,781 355,115

Nonmetallic mineral product

manufacturing 1,459,648 325,818

Primary metal manufacturing 1,434,017 440,128

Fabricated metal product

manufacturing 790,581 205,578

Machinery manufacturing 2,052,975 440,676

Computer and electronic product

manufacturing 20,194,172 3,309,276

Electric equipment, appliance,

and component manufacturing 2,665,272 416,368

Transportation equipment

manufacturing 9,750,773 2,113,160

Motor vehicles and parts

manufacturing 9,015,017 1,983,016

Other transportation

equipment manufacturing 735,757 130,144

Furniture and related product

manufacturing 121,396 39,253

Miscellaneous manufacturing 4,220,709 870,361

Distribution and transportation of

goods 20,529,594 4,233,135

Wholesale and retail trade 19,831,794 4,097,863

Wholesale trade 15,158,323 2,809,706

Machinery, equipment, and

supplies wholesalers 2,596,906 394,354

Drugs and druggists’ sundries

wholesalers 2,817,846 531,273

Grocery and related product

wholesalers 273,390 63,644

Petroleum and petroleum

products wholesalers 843,372 128,278

Other wholesale trade 8,626,809 1,692,157

Retail trade 4,673,472 1,288,157

Motor vehicle dealers and

parts dealers 47,269 506

Building materials and garden

equipment and supplies

dealers 93,011 51,171

Food and beverage stores 174,507 119,136

Clothing and clothing

accessories stores 409,945 76,032

General merchandise stores 1,771,951 478,937

Other retailers 2,176,789 562,375

Transportation and warehousing 697,800 135,272

Transportation 670,651 132,885

Warehousing and storage 27,149 2,387

Information 7,319,600 1,013,341

Publishing industries 2,161,638 135,801

Broadcasting and

telecommunications 3,543,931 597,068

Other information industries 1,614,030 280,472

Finance, insurance, real estate,

and rental and leasing 40,663,041 6,393,611

Depository credit intermediation 4,843,715 979,104

Nondepository credit

intermediation 7,762,054 1,233,784

Security, commodity contracts and

other financial investments and

related products 14,541,378 2,304,853

Insurance carriers and related

activities 5,573,622 1,025,067

Funds, trusts, and other

financial activities 4,675,897 521,716

Real estate and rental and

leasing 3,266,374 329,086

Services 55,330,619 5,703,073

Professional and business

services 53,108,009 5,234,385

Education, health, and social

assistance 74,866 15,928

Leisure, accommodation, and food

services 1,538,360 405,771

Other services 609,385 46,989

Nature of business not allocable 37,077 818

7,500 largest Controlled

Foreign Corporations

Foreign

corporations with

current earnings Distri-

and profits (+) butions out

before income of earnings

taxes and profits

Selected industrial sector Current earnings

of 7,500 largest Controlled and profits after Total

Foreign Corporations income taxes

(11) (12)

All industries 201,055,340 94,882,197

Raw materials and energy production 19,769,204 12,635,223

Agriculture, forestry, fishing,

and hunting 124,583 3,175

Mining 15,669,361 10,782,199

Oil and gas extraction 15,078,451 10,539,000

Coal mining 16,490 25,168

Metal ore mining 277,353 79,422

Other mining 297,067 138,610

Utilities 3,975,260 1,849,848

Goods production 74,750,183 32,155,917

Construction 711,149 275,371

Building, developing, and

general contracting 74,584 262

Heavy construction 92,038 140,448

Special trade contractors 544,528 134,661

Manufacturing 74,039,034 31,880,545

Food manufacturing 3,449,383 2,846,691

Beverage and tobacco product

manufacturing 5,727,748 3,857,974

Textile mills and textile

product mills 61,111 24,326

Apparel manufacturing 400,199 171,033

Wood product manufacturing 53,055 13,461

Paper manufacturing 1,363,132 220,079

Petroleum and coal products

manufacturing 2,903,888 2,793,088

Chemical manufacturing 24,342,926 8,136,230

Pharmaceutical and medicine

manufacturing 17,084,174 4,503,973

Other chemical manufacturing 7,258,752 3,632,257

Plastics and rubber products

manufacturing 1,208,667 612,338

Nonmetallic mineral product

manufacturing 1,133,830 134,713

Primary metal manufacturing 993,889 481,479

Fabricated metal product

manufacturing 585,003 261,076

Machinery manufacturing 1,612,299 907,985

Computer and electronic product

manufacturing 16,884,896 6,958,632

Electric equipment, appliance,

and component manufacturing 2,248,904 172,574

Transportation equipment

manufacturing 7,637,614 2,690,393

Motor vehicles and parts

manufacturing 7,032,001 2,639,963

Other transportation

equipment manufacturing 605,613 50,429

Furniture and related product

manufacturing 82,143 33,219

Miscellaneous manufacturing 3,350,348 1,565,255

Distribution and transportation of

goods 16,296,459 8,899,016

Wholesale and retail trade 15,733,931 8,642,874

Wholesale trade 12,348,616 8,014,778

Machinery, equipment, and

supplies wholesalers 2,202,552 1,768,828

Drugs and druggists’ sundries

wholesalers 2,286,573 1,183,537

Grocery and related product

wholesalers 209,746 123,087

Petroleum and petroleum

products wholesalers 715,094 816,626

Other wholesale trade 6,934,652 4,122,701

Retail trade 3,385,315 628,096

Motor vehicle dealers and

parts dealers 46,762 —

Building materials and garden

equipment and supplies

dealers 41,840 15,058

Food and beverage stores 55,370 —

Clothing and clothing

accessories stores 333,913 251,548

General merchandise stores 1,293,014 183,841

Other retailers 1,614,414 177,649

Transportation and warehousing 562,528 256,142

Transportation 537,766 228,773

Warehousing and storage 24,762 27,369

Information 6,306,259 2,036,185

Publishing industries 2,025,838 580,776

Broadcasting and

telecommunications 2,946,863 934,839

Other information industries 1,333,559 520,570

Finance, insurance, real estate,

and rental and leasing 34,269,430 14,663,822

Depository credit intermediation 3,864,611 2,988,273

Nondepository credit

intermediation 6,528,270 3,055,061

Security, commodity contracts and

other financial investments and

related products 12,236,526 4,545,989

Insurance carriers and related

activities 4,548,555 1,628,687

Funds, trusts, and other

financial activities 4,154,181 1,543,174

Real estate and rental and

leasing 2,937,287 902,638

Services 49,627,546 24,486,595

Professional and business

services 47,873,623 23,838,985

Education, health, and social

assistance 58,938 34,017

Leisure, accommodation, and food

services 1,132,589 301,486

Other services 562,396 312,107

Nature of business not allocable 36,259 5,440

7,500 largest Controlled

Foreign Corporations

Distributions out of

earnings and profits

Not

previously Previously

taxed taxed

Selected industrial sector earnings earnings

of 7,500 largest Controlled and and

Foreign Corporations profits profits

(13) (14)

All industries 62,037,300 32,844,897

Raw materials and energy production 11,753,187 882,035

Agriculture, forestry, fishing,

and hunting 2,384 791

Mining 10,137,311 644,888

Oil and gas extraction 9,925,473 613,526

Coal mining 25,168 —

Metal ore mining 79,422 —

Other mining 107,248 31,362

Utilities 1,613,492 236,356

Goods production 24,228,910 7,927,007

Construction 237,516 37,856

Building, developing, and

general contracting 262 —

Heavy construction 110,651 29,798

Special trade contractors 126,603 8,058

Manufacturing 23,991,394 7,889,152

Food manufacturing 2,428,293 418,399

Beverage and tobacco product

manufacturing 3,322,239 535,735

Textile mills and textile

product mills 961 23,365

Apparel manufacturing 16,168 154,865

Wood product manufacturing 13,461 —

Paper manufacturing 154,556 65,523

Petroleum and coal products

manufacturing 2,628,150 164,937

Chemical manufacturing 5,073,223 3,063,007

Pharmaceutical and medicine

manufacturing 2,510,349 1,993,624

Other chemical manufacturing 2,562,874 1,069,383

Plastics and rubber products

manufacturing 388,143 224,196

Nonmetallic mineral product

manufacturing 31,253 103,460

Primary metal manufacturing 385,674 95,806

Fabricated metal product

manufacturing 124,320 136,755

Machinery manufacturing 829,376 78,609

Computer and electronic product

manufacturing 5,732,374 1,226,258

Electric equipment, appliance,

and component manufacturing 145,087 27,486

Transportation equipment

manufacturing 1,444,379 1,246,014

Motor vehicles and parts

manufacturing 1,407,866 1,232,097

Other transportation

equipment manufacturing 36,512 13,917

Furniture and related product

manufacturing 10,708 22,511

Miscellaneous manufacturing 1,263,029 302,226

Distribution and transportation of

goods 4,054,230 4,844,786

Wholesale and retail trade 3,915,709 4,727,165

Wholesale trade 3,595,770 4,419,008

Machinery, equipment, and

supplies wholesalers 348,208 1,420,619

Drugs and druggists’ sundries

wholesalers 504,620 678,917

Grocery and related product

wholesalers 107,284 15,803

Petroleum and petroleum

products wholesalers 738,030 78,596

Other wholesale trade 1,897,627 2,225,073

Retail trade 319,939 308,157

Motor vehicle dealers and

parts dealers — —

Building materials and garden

equipment and supplies

dealers 15,058 —

Food and beverage stores — —

Clothing and clothing

accessories stores 49,185 202,363

General merchandise stores 141,664 42,177

Other retailers 114,032 63,617

Transportation and warehousing 138,521 117,620

Transportation 118,304 110,469

Warehousing and storage 20,218 7,151

Information 1,739,240 296,945

Publishing industries 578,282 2,494

Broadcasting and

telecommunications 854,918 79,921

Other information industries 306,041 214,530

Finance, insurance, real estate,

and rental and leasing 6,455,118 8,208,703

Depository credit intermediation 1,599,506 1,388,767

Nondepository credit

intermediation 1,266,976 1,788,085

Security, commodity contracts and

other financial investments and

related products 1,972,110 2,573,879

Insurance carriers and related

activities 477,775 1,150,912

Funds, trusts, and other

financial activities 424,981 1,118,193

Real estate and rental and

leasing 713,771 188,867

Services 13,806,615 10,679,980

Professional and business

services 13,446,989 10,391,996

Education, health, and social

assistance 34,017 —

Leisure, accommodation, and food

services 224,725 76,761

Other services 100,884 211,223

Nature of business not allocable — 5,440

7,500 largest Controlled

Foreign Corporations

Dividends

paid to Total

Selected industrial sector controlling Subpart F

of 7,500 largest Controlled U.S. income

Foreign Corporations corporation

(15) (16)

All industries 31,917,740 29,372,318

Raw materials and energy production 5,019,537 843,985

Agriculture, forestry, fishing,

and hunting — 2,181

Mining 5,007,993 715,992

Oil and gas extraction 4,898,456 660,687

Coal mining — —

Metal ore mining 40,363 18,019

Other mining 69,174 37,286

Utilities 11,545 125,812

Goods production 14,296,179 7,991,909

Construction 35,423 19,251

Building, developing, and

general contracting — —

Heavy construction — 8,473

Special trade contractors 35,423 10,778

Manufacturing 14,260,756 7,972,658

Food manufacturing 1,203,838 509,746

Beverage and tobacco product

manufacturing 985,268 352,353

Textile mills and textile

product mills 187 25,467

Apparel manufacturing 11,748 16,958

Wood product manufacturing 13,332 303

Paper manufacturing 46,111 185,175

Petroleum and coal products

manufacturing 1,393,110 364,415

Chemical manufacturing 2,790,425 2,424,183

Pharmaceutical and medicine

manufacturing 1,641,333 1,666,921

Other chemical manufacturing 1,149,093 757,262

Plastics and rubber products

manufacturing 107,910 20,902

Nonmetallic mineral product

manufacturing 10,249 255,037

Primary metal manufacturing 230,208 149,094

Fabricated metal product

manufacturing 27,748 120,568

Machinery manufacturing 410,844 282,645

Computer and electronic product

manufacturing 5,221,153 1,789,489

Electric equipment, appliance,

and component manufacturing 56,253 167,166

Transportation equipment

manufacturing 1,252,936 1,013,471

Motor vehicles and parts

manufacturing 1,222,205 994,263

Other transportation

equipment manufacturing 30,730 19,208

Furniture and related product

manufacturing 10,457 36,964

Miscellaneous manufacturing 488,978 258,723

Distribution and transportation of

goods 2,604,333 3,744,631

Wholesale and retail trade 2,571,002 3,505,025

Wholesale trade 2,445,007 3,036,874

Machinery, equipment, and

supplies wholesalers 143,482 662,971

Drugs and druggists’ sundries

wholesalers 419,642 490,047

Grocery and related product

wholesalers 93,089 41,876

Petroleum and petroleum

products wholesalers 625,541 181,756

Other wholesale trade 1,163,252 1,660,225

Retail trade 125,995 468,151

Motor vehicle dealers and

parts dealers — —

Building materials and garden

equipment and supplies

dealers — —

Food and beverage stores — —

Clothing and clothing

accessories stores 48,661 185,569

General merchandise stores 27,330 81,824

Other retailers 50,004 200,759

Transportation and warehousing 33,331 239,606

Transportation 33,331 232,350

Warehousing and storage — 7,256

Information 547,306 412,567

Publishing industries 68,841 15,334

Broadcasting and

telecommunications 280,853 58,857

Other information industries 197,611 338,375

Finance, insurance, real estate,

and rental and leasing 2,391,254 8,319,134

Depository credit intermediation 100,471 1,013,423

Nondepository credit

intermediation 962,406 879,149

Security, commodity contracts and

other financial investments and

related products 862,341 3,416,636

Insurance carriers and related

activities 74,991 1,379,425

Funds, trusts, and other

financial activities 206,282 1,401,631

Real estate and rental and

leasing 184,762 228,869

Services 7,059,131 8,047,648

Professional and business

services 6,893,248 7,982,112

Education, health, and social

assistance — 22,595

Leisure, accommodation, and food

services 137,643 13,099

Other services 28,240 29,841

Nature of business not allocable — 12,444

7,500 largest Controlled

Foreign Corporations

Receipts by foreign

corporations from

Selected industrial sector All related

of 7,500 largest Controlled All sources parties

Foreign Corporations

(17) (18)

All industries 2,157,736,289 627,117,862

Raw materials and energy production 109,464,006 16,010,318

Agriculture, forestry, fishing,

and hunting 4,025,386 640,792

Mining 56,670,339 12,084,529

Oil and gas extraction 49,221,824 11,298,133

Coal mining 202,275 1,242

Metal ore mining 3,790,541 419,419

Other mining 3,455,699 365,735

Utilities 48,768,282 3,284,997

Goods production 1,002,032,315 372,000,317

Construction 8,861,969 557,135

Building, developing, and

general contracting 686,702 2,072

Heavy construction 2,570,333 4,371

Special trade contractors 5,604,934 550,691

Manufacturing 993,170,346 371,443,182

Food manufacturing 52,907,902 6,863,092

Beverage and tobacco product

manufacturing 45,733,149 7,419,641

Textile mills and textile

product mills 843,155 283,729

Apparel manufacturing 4,624,405 2,559,638

Wood product manufacturing 1,546,129 256,886

Paper manufacturing 20,589,018 3,815,322

Petroleum and coal products

manufacturing 74,210,582 21,143,068

Chemical manufacturing 162,429,897 57,400,149

Pharmaceutical and medicine

manufacturing 79,220,248 34,423,799

Other chemical manufacturing 83,209,649 22,976,350

Plastics and rubber products

manufacturing 21,758,684 8,180,742

Nonmetallic mineral product

manufacturing 9,185,264 1,372,204

Primary metal manufacturing 9,358,335 2,596,128

Fabricated metal product

manufacturing 13,206,911 3,354,616

Machinery manufacturing 34,860,488 12,462,596

Computer and electronic product

manufacturing 232,616,876 93,101,035

Electric equipment, appliance,

and component manufacturing 28,263,878 8,538,290

Transportation equipment

manufacturing 236,487,526 128,263,351

Motor vehicles and parts

manufacturing 230,403,619 126,447,843

Other transportation

equipment manufacturing 6,083,908 1,815,508

Furniture and related product

manufacturing 1,413,435 363,959

Miscellaneous manufacturing 43,134,713 13,468,735

Distribution and transportation of

goods 475,399,981 96,547,234

Wholesale and retail trade 465,542,971 94,774,394

Wholesale trade 366,808,400 83,711,686

Machinery, equipment, and

supplies wholesalers 63,730,075 19,571,708

Drugs and druggists’ sundries

wholesalers 21,967,953 7,404,417

Grocery and related product

wholesalers 5,301,536 1,095,180

Petroleum and petroleum

products wholesalers 71,746,897 14,693,383

Other wholesale trade 204,061,939 40,946,998

Retail trade 98,734,571 11,062,708

Motor vehicle dealers and

parts dealers 3,786,341 1,134,228

Building materials and garden

equipment and supplies

dealers 2,581,198 41,984

Food and beverage stores 7,919,384 16,167

Clothing and clothing

accessories stores 3,601,672 564,535

General merchandise stores 37,222,306 3,322,703

Other retailers 43,623,669 5,983,091

Transportation and warehousing 9,857,010 1,772,840

Transportation 8,580,928 1,642,281

Warehousing and storage 1,276,082 130,559

Information 49,818,018 5,118,161

Publishing industries 6,633,442 851,321

Broadcasting and

telecommunications 31,064,751 2,833,935

Other information industries 12,119,825 1,432,905

Finance, insurance, real estate,

and rental and leasing 212,915,499 43,056,384

Depository credit intermediation 18,599,199 3,820,941

Nondepository credit

intermediation 30,852,167 6,268,882

Security, commodity contracts and

other financial investments and

related products 79,808,635 20,744,426

Insurance carriers and related

activities 54,060,934 2,287,641

Funds, trusts, and other

financial activities 16,298,792 6,549,233

Real estate and rental and

leasing 13,295,772 3,385,261

Services 307,993,046 94,369,557

Professional and business

services 286,015,044 90,626,493

Education, health, and social

assistance 548,780 59,534

Leisure, accommodation, and food

services 15,285,042 659,156

Other services 6,144,181 3,024,375

Nature of business not allocable 113,424 15,891

7,500 largest Controlled

Foreign Corporations

Receipts by foreign

corporations from

Domestic

corporations

controlled

U.S. by U.S.

Selected industrial sector corporation corporation

of 7,500 largest Controlled filing filing

Foreign Corporations return return

(19) (20)

All industries 139,080,084 102,508,905

Raw materials and energy production 304,578 4,371,169

Agriculture, forestry, fishing,

and hunting 37,327 69,504

Mining 267,251 3,381,362

Oil and gas extraction 42,593 3,118,930

Coal mining — —

Metal ore mining 153,281 201,364

Other mining 71,377 61,069

Utilities — 920,303

Goods production 109,799,902 60,066,906

Construction 951 31,001

Building, developing, and

general contracting — 62

Heavy construction — —

Special trade contractors 951 30,940

Manufacturing 109,798,951 60,035,905

Food manufacturing 717,330 713,644

Beverage and tobacco product

manufacturing 1,890 728,337

Textile mills and textile

product mills 25,048 159,192

Apparel manufacturing 341,251 1,205,931

Wood product manufacturing 133,314 11,508

Paper manufacturing 1,405,772 826,622

Petroleum and coal products

manufacturing 1,771 3,987,935

Chemical manufacturing 12,370,932 5,574,655

Pharmaceutical and medicine

manufacturing 8,240,999 2,660,976

Other chemical manufacturing 4,129,933 2,913,679

Plastics and rubber products

manufacturing 2,515,702 271,659

Nonmetallic mineral product

manufacturing 390,985 274,199

Primary metal manufacturing 139,608 1,228,913

Fabricated metal product

manufacturing 771,877 426,113

Machinery manufacturing 3,135,385 1,195,660

Computer and electronic product

manufacturing 38,744,230 13,922,348

Electric equipment, appliance,

and component manufacturing 2,182,687 2,021,579

Transportation equipment

manufacturing 45,804,136 25,194,020

Motor vehicles and parts

manufacturing 45,122,001 24,823,613

Other transportation

equipment manufacturing 682,135 370,408

Furniture and related product

manufacturing 140,589 185,076

Miscellaneous manufacturing 976,443 2,108,515

Distribution and transportation of

goods 12,917,208 13,518,651

Wholesale and retail trade 12,901,341 12,441,644

Wholesale trade 11,537,666 10,829,027

Machinery, equipment, and

supplies wholesalers 6,704,211 361,337

Drugs and druggists’ sundries

wholesalers 49,955 932,507

Grocery and related product

wholesalers 7,985 722,621

Petroleum and petroleum

products wholesalers 52 3,586,332

Other wholesale trade 4,775,464 5,226,230

Retail trade 1,363,675 1,612,617

Motor vehicle dealers and

parts dealers — 418,783

Building materials and garden

equipment and supplies

dealers 26 —

Food and beverage stores 15,851 —

Clothing and clothing

accessories stores 102,753 127,107

General merchandise stores 49,308 3,370

Other retailers 1,195,737 1,063,358

Transportation and warehousing 15,867 1,077,007

Transportation 10,788 1,054,377

Warehousing and storage 5,079 22,630

Information 398,488 1,435,319

Publishing industries 116,292 25,299

Broadcasting and

telecommunications 223,621 989,221

Other information industries 58,575 420,799

Finance, insurance, real estate,

and rental and leasing 3,512,293 12,616,985

Depository credit intermediation 1,576,011 1,635,103

Nondepository credit

intermediation 268,873 432,718

Security, commodity contracts and

other financial investments and

related products 901,107 7,728,264

Insurance carriers and related

activities 95,590 1,109,318

Funds, trusts, and other

financial activities 612,110 757,908

Real estate and rental and

leasing 58,602 953,675

Services 12,147,614 10,499,875

Professional and business

services 11,892,016 10,350,055

Education, health, and social

assistance 17,642 7,998

Leisure, accommodation, and food

services 48 68,352

Other services 237,908 73,470

Nature of business not allocable — —

7,500 largest

Controlled Foreign

Corporations

Receipts by foreign

corporations from

Any foreign

corporations

controlled All

by U.S. other

Selected industrial sector corporation related

of 7,500 largest Controlled filing parties

Foreign Corporations return

(21) (22)

All industries 385,222,353 306,520

Raw materials and energy production 11,334,571 —

Agriculture, forestry, fishing,

and hunting 533,961 —

Mining 8,435,916 —

Oil and gas extraction 8,136,610 —

Coal mining 1,242 —

Metal ore mining 64,774 —

Other mining 233,289 —

Utilities 2,364,694 —

Goods production 202,072,414 61,095

Construction 525,182 —

Building, developing, and

general contracting 2,011 —

Heavy construction 4,371 —

Special trade contractors 518,801 —

Manufacturing 201,547,231 61,095

Food manufacturing 5,432,118 —

Beverage and tobacco product

manufacturing 6,689,414 —

Textile mills and textile

product mills 99,489 —

Apparel manufacturing 1,012,456 —

Wood product manufacturing 112,064 —

Paper manufacturing 1,582,929 —

Petroleum and coal products

manufacturing 17,153,363 —

Chemical manufacturing 39,393,466 61,095

Pharmaceutical and medicine

manufacturing 23,521,824 —

Other chemical manufacturing 15,871,642 61,095

Plastics and rubber products

manufacturing 5,393,382 —

Nonmetallic mineral product

manufacturing 707,021 —

Primary metal manufacturing 1,227,608 —

Fabricated metal product

manufacturing 2,156,626 —

Machinery manufacturing 8,131,551 —

Computer and electronic product

manufacturing 40,434,457 —

Electric equipment, appliance,

and component manufacturing 4,334,023 —

Transportation equipment

manufacturing 57,265,195 —

Motor vehicles and parts

manufacturing 56,502,230 —

Other transportation

equipment manufacturing 762,965 —

Furniture and related product

manufacturing 38,294 —

Miscellaneous manufacturing 10,383,777 —

Distribution and transportation of

goods 69,958,893 152,482

Wholesale and retail trade 69,278,927 152,482

Wholesale trade 61,192,511 152,482

Machinery, equipment, and

supplies wholesalers 12,358,938 147,222

Drugs and druggists’ sundries

wholesalers 6,421,956 —

Grocery and related product

wholesalers 364,574 —

Petroleum and petroleum

products wholesalers 11,106,999 —

Other wholesale trade 30,940,045 5,260

Retail trade 8,086,415 —

Motor vehicle dealers and

parts dealers 715,445 —

Building materials and garden

equipment and supplies

dealers 41,957 —

Food and beverage stores 316 —

Clothing and clothing

accessories stores 334,676 —

General merchandise stores 3,270,026 —

Other retailers 3,723,995 —

Transportation and warehousing 679,966 —

Transportation 577,117 —

Warehousing and storage 102,849 —

Information 3,284,353 —

Publishing industries 709,731 —

Broadcasting and

telecommunications 1,621,092 —

Other information industries 953,531 —

Finance, insurance, real estate,

and rental and leasing 26,885,350 41,755

Depository credit intermediation 609,827 —

Nondepository credit

intermediation 5,567,291 —

Security, commodity contracts and

other financial investments and

related products 12,073,300 41,755

Insurance carriers and related

activities 1,082,732 —

Funds, trusts, and other

financial activities 5,179,215 —

Real estate and rental and

leasing 2,372,984 —

Services 71,670,881 51,187

Professional and business

services 68,333,235 51,187

Education, health, and social

assistance 33,894 —

Leisure, accommodation, and food

services 590,755 —

Other services 2,712,997 —

Nature of business not allocable 15,891 —

7,500 largest Controlled

Foreign Corporations

Receipts Payments

by by

foreign foreign

corpora- corpora-

tions tions

from to

Selected industrial sector

of 7,500 largest Controlled Unrelated All

Foreign Corporations parties recipients

(23) (24)

All industries 1,541,835,149 2,055,270,187

Raw materials and energy production 93,488,917 96,478,196

Agriculture, forestry, fishing,

and hunting 3,388,063 3,944,102

Mining 44,606,648 45,506,627

Oil and gas extraction 37,937,724 38,277,228

Coal mining 201,033 243,752

Metal ore mining 3,371,122 3,749,726

Other mining 3,096,769 3,235,921

Utilities 45,494,206 47,027,468

Goods production 632,114,132 954,114,940

Construction 8,304,834 8,233,440

Building, developing, and

general contracting 684,630 610,406

Heavy construction 2,565,962 2,553,903

Special trade contractors 5,054,242 5,069,132

Manufacturing 623,809,298 945,881,500

Food manufacturing 46,219,763 52,009,864

Beverage and tobacco product

manufacturing 38,626,875 43,158,344

Textile mills and textile

product mills 559,425 778,362

Apparel manufacturing 2,064,767 4,504,773

Wood product manufacturing 1,289,243 1,504,401

Paper manufacturing 16,777,715 19,118,344

Petroleum and coal products

manufacturing 53,137,780 72,840,310

Chemical manufacturing 105,896,148 143,880,119

Pharmaceutical and medicine

manufacturing 45,140,217 64,676,323

Other chemical manufacturing 60,755,931 79,203,796

Plastics and rubber products

manufacturing 13,583,110 21,012,007

Nonmetallic mineral product

manufacturing 7,813,227 7,776,135

Primary metal manufacturing 6,762,207 8,376,027

Fabricated metal product

manufacturing 9,854,659 12,567,540

Machinery manufacturing 22,398,471 34,620,805

Computer and electronic product

manufacturing 139,849,538 220,608,600

Electric equipment, appliance,

and component manufacturing 19,744,302 26,303,016

Transportation equipment

manufacturing 108,438,919 233,815,193

Motor vehicles and parts

manufacturing 104,170,519 228,283,090

Other transportation

equipment manufacturing 4,268,400 5,532,103

Furniture and related product

manufacturing 1,049,475 1,331,162

Miscellaneous manufacturing 29,743,675 41,676,499

Distribution and transportation of

goods 379,806,095 465,958,014

Wholesale and retail trade 371,720,466 456,270,466

Wholesale trade 283,972,911 360,489,868

Machinery, equipment, and

supplies wholesalers 44,538,777 61,648,789

Drugs and druggists’ sundries

wholesalers 14,563,535 20,763,586

Grocery and related product

wholesalers 4,206,357 5,153,059

Petroleum and petroleum

products wholesalers 57,107,077 72,673,819

Other wholesale trade 163,557,165 200,250,616

Retail trade 87,747,555 95,780,597

Motor vehicle dealers and

parts dealers 2,652,316 3,825,143

Building materials and garden

equipment and supplies

dealers 2,539,215 2,523,837

Food and beverage stores 7,903,217 7,691,550

Clothing and clothing

accessories stores 3,037,137 3,484,711

General merchandise stores 33,899,603 36,216,797

Other retailers 37,716,067 42,038,560

Transportation and warehousing 8,085,629 9,687,548

Transportation 6,938,646 8,398,218

Warehousing and storage 1,146,982 1,289,330

Information 44,777,384 54,979,103

Publishing industries 5,833,627 4,957,352

Broadcasting and

telecommunications 28,253,941 38,571,382

Other information industries 10,689,817 11,450,369

Finance, insurance, real estate,

and rental and leasing 172,884,365 195,172,646

Depository credit intermediation 14,780,115 15,924,774

Nondepository credit

intermediation 24,656,554 28,690,803

Security, commodity contracts and

other financial investments and

related products 60,196,661 72,392,936

Insurance carriers and related

activities 51,887,672 51,387,535

Funds, trusts, and other

financial activities 10,012,365 13,210,801

Real estate and rental and

leasing 11,350,998 13,565,796

Services 218,666,723 288,477,154

Professional and business

services 200,181,299 267,903,657

Education, health, and social

assistance 507,794 560,154

Leisure, accommodation, and food

services 14,625,886 14,261,212

Other services 3,351,744 5,752,131

Nature of business not allocable 97,532 90,134

7,500 largest Controlled

Foreign Corporations

Payments by foreign

corporations to

Selected industrial sector U.S.

of 7,500 largest Controlled All related corporation

Foreign Corporations parties filing

return

(25) (26)

All industries 643,966,908 165,345,312

Raw materials and energy production 17,860,339 2,904,488

Agriculture, forestry, fishing,

and hunting 311,538 62,308

Mining 14,229,192 2,814,715

Oil and gas extraction 13,635,327 2,710,324

Coal mining 27,073 —

Metal ore mining 187,566 14,012

Other mining 379,227 90,380

Utilities 3,319,609 27,464

Goods production 327,521,853 92,789,646

Construction 803,021 54,645

Building, developing, and

general contracting 6,570 2,687

Heavy construction 135,501 4,554

Special trade contractors 660,950 47,404

Manufacturing 326,718,833 92,735,001

Food manufacturing 9,359,002 1,720,506

Beverage and tobacco product

manufacturing 10,611,256 704,329

Textile mills and textile

product mills 258,686 65,456

Apparel manufacturing 1,049,568 346,615

Wood product manufacturing 60,457 3,700

Paper manufacturing 2,501,994 707,028

Petroleum and coal products

manufacturing 30,549,362 215,768

Chemical manufacturing 52,754,487 12,422,403

Pharmaceutical and medicine

manufacturing 27,106,290 5,434,177

Other chemical manufacturing 25,648,197 6,988,227

Plastics and rubber products

manufacturing 6,118,531 1,458,629

Nonmetallic mineral product

manufacturing 1,736,565 728,707

Primary metal manufacturing 2,257,713 181,560

Fabricated metal product

manufacturing 1,913,465 560,607

Machinery manufacturing 9,061,779 3,575,770

Computer and electronic product

manufacturing 95,083,232 37,294,452

Electric equipment, appliance,

and component manufacturing 6,611,695 2,235,663

Transportation equipment

manufacturing 84,397,681 27,577,007

Motor vehicles and parts

manufacturing 83,141,902 27,419,793

Other transportation

equipment manufacturing 1,255,778 157,215

Furniture and related product

manufacturing 191,057 133,567

Miscellaneous manufacturing 12,202,304 2,803,235

Distribution and transportation of

goods 139,843,358 40,665,295

Wholesale and retail trade 137,431,714 40,568,188

Wholesale trade 126,941,660 38,880,682

Machinery, equipment, and

supplies wholesalers 34,184,987 13,105,005

Drugs and druggists’ sundries

wholesalers 7,418,906 346,568

Grocery and related product

wholesalers 1,801,956 259,743

Petroleum and petroleum

products wholesalers 11,861,551 52,278

Other wholesale trade 71,674,260 25,117,089

Retail trade 10,490,054 1,687,506

Motor vehicle dealers and

parts dealers 1,597,838 —

Building materials and garden

equipment and supplies

dealers 272,415 44,624

Food and beverage stores 206,382 177,346

Clothing and clothing

accessories stores 1,025,046 254,182

General merchandise stores 798,748 188,764

Other retailers 6,589,625 1,022,590

Transportation and warehousing 2,411,644 97,106

Transportation 1,808,809 55,386

Warehousing and storage 602,835 41,721

Information 9,688,334 1,455,955

Publishing industries 1,587,803 633,230

Broadcasting and

telecommunications 4,141,146 521,642

Other information industries 3,959,385 301,083

Finance, insurance, real estate,

and rental and leasing 51,622,620 5,519,835

Depository credit intermediation 6,566,611 1,092,540

Nondepository credit

intermediation 9,443,107 745,344

Security, commodity contracts and

other financial investments and

related products 22,878,440 1,864,474

Insurance carriers and related

activities 3,384,367 693,901

Funds, trusts, and other

financial activities 7,162,773 947,602

Real estate and rental and

leasing 2,187,322 175,975

Services 97,422,890 22,010,094

Professional and business

services 95,043,494 21,510,413

Education, health, and social

assistance 65,299 1,773

Leisure, accommodation, and food

services 1,675,737 465,945

Other services 638,361 31,962

Nature of business not allocable 7,513 —

7,500 largest Controlled

Foreign Corporations

Payments by foreign

corporations to

Domestic Any foreign

corporations corporations

controlled controlled

by U.S. by U.S.

Selected industrial sector corporation corporation

of 7,500 largest Controlled filing filing

Foreign Corporations return return

(27) (28)

All industries 141,739,758 336,334,984

Raw materials and energy production 5,365,302 9,583,688

Agriculture, forestry, fishing,

and hunting 81,572 167,658

Mining 5,071,133 6,343,345

Oil and gas extraction 4,795,371 6,129,632

Coal mining — 27,073

Metal ore mining 126,735 46,818

Other mining 149,027 139,821

Utilities 212,597 3,072,686

Goods production 72,868,039 161,851,705

Construction 92,820 654,442

Building, developing, and

general contracting 1,249 2,633

Heavy construction — 129,833

Special trade contractors 91,570 521,976

Manufacturing 72,775,220 161,197,263

Food manufacturing 1,505,552 6,132,944

Beverage and tobacco product

manufacturing 3,256,756 6,650,171

Textile mills and textile

product mills 168,878 24,352

Apparel manufacturing 289,983 412,970

Wood product manufacturing 33,396 23,360

Paper manufacturing 380,931 1,414,034

Petroleum and coal products

manufacturing 7,942,293 22,391,301

Chemical manufacturing 12,347,014 27,985,069

Pharmaceutical and medicine

manufacturing 7,675,374 13,996,739

Other chemical manufacturing 4,671,640 13,988,329

Plastics and rubber products

manufacturing 661,906 3,997,997

Nonmetallic mineral product

manufacturing 316,137 691,721

Primary metal manufacturing 909,252 1,166,902

Fabricated metal product

manufacturing 299,151 1,053,708

Machinery manufacturing 916,977 4,569,032

Computer and electronic product

manufacturing 21,907,834 35,880,946

Electric equipment, appliance,

and component manufacturing 1,371,055 3,004,977

Transportation equipment

manufacturing 18,427,739 38,381,586

Motor vehicles and parts

manufacturing 17,705,932 38,004,829

Other transportation

equipment manufacturing 721,806 376,757

Furniture and related product

manufacturing 45,317 12,173

Miscellaneous manufacturing 1,995,049 7,404,020

Distribution and transportation of

goods 22,477,030 76,258,131

Wholesale and retail trade 21,036,476 75,384,147

Wholesale trade 18,318,020 69,300,055

Machinery, equipment, and

supplies wholesalers 1,822,948 19,220,488

Drugs and druggists’ sundries

wholesalers 1,869,027 5,203,311

Grocery and related product

wholesalers 24,217 1,517,996

Petroleum and petroleum

products wholesalers 3,235,847 8,573,426

Other wholesale trade 11,365,981 34,784,834

Retail trade 2,718,457 6,084,091

Motor vehicle dealers and

parts dealers 496,374 1,101,464

Building materials and garden

equipment and supplies

dealers 41,298 186,493

Food and beverage stores 16,699 12,336

Clothing and clothing

accessories stores 118,524 652,339

General merchandise stores 364,016 245,968

Other retailers 1,681,544 3,885,491

Transportation and warehousing 1,440,554 873,984

Transportation 1,430,893 322,530

Warehousing and storage 9,660 551,455

Information 2,329,048 5,891,055

Publishing industries 112,436 842,137

Broadcasting and

telecommunications 634,708 2,972,520

Other information industries 1,581,904 2,076,398

Finance, insurance, real estate,

and rental and leasing 18,335,048 27,760,010

Depository credit intermediation 2,254,439 3,219,633

Nondepository credit

intermediation 4,011,113 4,686,627

Security, commodity contracts and

other financial investments and

related products 9,711,724 11,294,539

Insurance carriers and related

activities 588,177 2,102,289

Funds, trusts, and other

financial activities 1,259,848 4,955,322

Real estate and rental and

leasing 509,747 1,501,600

Services 20,365,291 54,982,881

Professional and business

services 19,591,314 53,879,125

Education, health, and social

assistance 10,368 53,158

Leisure, accommodation, and food

services 495,554 712,255

Other services 268,055 338,343

Nature of business not allocable — 7,513

7,500 largest Controlled

Foreign Corporations

Payments by foreign

corporations to

All

other Unrelated

Selected industrial sector related parties

of 7,500 largest Controlled parties

Foreign Corporations

(29) (30)

All industries 546,853 1,419,326,973

Raw materials and energy production 6,861 78,962,064

Agriculture, forestry, fishing,

and hunting — 3,643,324

Mining — 31,552,639

Oil and gas extraction — 24,917,106

Coal mining — 216,679

Metal ore mining — 3,562,161

Other mining — 2,856,694

Utilities 6,861 43,766,101

Goods production 12,463 627,505,026

Construction 1,114 7,430,419

Building, developing, and

general contracting — 603,836

Heavy construction 1,114 2,418,401

Special trade contractors — 4,408,182

Manufacturing 11,349 620,074,606

Food manufacturing — 42,650,862

Beverage and tobacco product

manufacturing — 32,547,088

Textile mills and textile

product mills — 519,676

Apparel manufacturing — 3,479,805

Wood product manufacturing — 1,443,944

Paper manufacturing — 16,616,350

Petroleum and coal products

manufacturing — 42,291,228

Chemical manufacturing (2) 91,481,322

Pharmaceutical and medicine

manufacturing — 37,635,568

Other chemical manufacturing (2) 53,845,754

Plastics and rubber products

manufacturing — 14,898,638

Nonmetallic mineral product

manufacturing — 6,039,570

Primary metal manufacturing — 6,118,314

Fabricated metal product

manufacturing — 10,659,866

Machinery manufacturing — 25,559,026

Computer and electronic product

manufacturing — 125,778,470

Electric equipment, appliance,

and component manufacturing — 19,691,321

Transportation equipment

manufacturing 11,349 149,499,765

Motor vehicles and parts

manufacturing 11,349 145,208,706

Other transportation

equipment manufacturing — 4,291,059

Furniture and related product

manufacturing — 1,140,105

Miscellaneous manufacturing — 29,659,256

Distribution and transportation of

goods 442,903 330,745,778

Wholesale and retail trade 442,903 323,468,778

Wholesale trade 442,903 237,516,846

Machinery, equipment, and

supplies wholesalers 36,546 30,839,890

Drugs and druggists’ sundries

wholesalers — 13,344,680

Grocery and related product

wholesalers — 3,407,775

Petroleum and petroleum

products wholesalers — 60,824,405

Other wholesale trade 406,357 129,100,096

Retail trade — 85,951,931

Motor vehicle dealers and

parts dealers — 2,227,500

Building materials and garden

equipment and supplies

dealers — 2,273,011

Food and beverage stores — 7,485,168

Clothing and clothing

accessories stores — 2,459,665

General merchandise stores — 35,418,049

Other retailers — 36,088,538

Transportation and warehousing — 7,277,000

Transportation — 6,590,087

Warehousing and storage — 686,913

Information 12,276 45,375,582

Publishing industries — 3,398,936

Broadcasting and

telecommunications 12,276 34,484,424

Other information industries — 7,492,222

Finance, insurance, real estate,

and rental and leasing 7,726 145,039,895

Depository credit intermediation — 9,358,333

Nondepository credit

intermediation 23 19,491,280

Security, commodity contracts and

other financial investments and

related products 7,703 50,581,988

Insurance carriers and related

activities — 48,080,046

Funds, trusts, and other

financial activities — 6,116,964

Real estate and rental and

leasing — 11,411,285

Services 64,624 191,616,007

Professional and business

services 62,642 173,415,840

Education, health, and social

assistance — 494,855

Leisure, accommodation, and food

services 1,982 12,585,475

Other services — 5,119,837

Nature of business not allocable — 82,622

(1) Number of returns is not additive because some U.S. corporations

had Controlled Foreign Corporations in more than one industrial

sector. The industrial activity of the parent corporation filing

the return often differs from that of the Controlled Foreign

Corporations.

(2) Value is less than $500.

NOTE: Detail may not add to totals because of rounding.

Table 2.–U.S. Corporations with Total Assets of $500 Million or More

and Their 7,500 Largest Controlled Foreign Corporations: Number,

Assets, Receipts, Earnings, Taxes, Distributions, and Subpart F

Income, by Selected Country of Incorporation of Controlled Foreign

Corporation

[Money amounts are in thousands of dollars]

7,500 largest

Controlled

Foreign

Corporations

Selected country of incorporation Number of U.S. Number of

of 7,500 Controlled Foreign corporation foreign

Corporations returns (1) corporations

(1) (2)

All geographic areas 1,087 7,500

Canada 391 708

Latin America, total 373 1,241

Mexico 147 271

Central America, total 36 64

Costa Rica 6 7

El Salvador 6 10

Guatemala 4 6

Panama (including Canal Zone) 25 37

Caribbean countries, total 149 313

Cayman Islands (British) 134 283

Trinidad and Tobago 3 4

Other Caribbean countries 20 26

South America, total 199 593

Argentina 83 148

Bolivia 4 5

Brazil 136 252

Chile 48 70

Colombia 19 30

Ecuador 4 4

Peru 13 19

Uruguay 11 11

Venezuela 36 52

Other Western Hemisphere, total 166 321

Bahamas 32 63

Bermuda 106 181

Netherlands Antilles 21 27

Other British West Indies 30 46

Europe, total 744 3,951

European Union, total 721 3,636

Austria 23 26

Belgium 86 141

Denmark 40 48

Finland 16 20

France (including Andorra) 202 410

Germany 212 431

Greece 6 6

Ireland 105 176

Italy (including San Marino) 124 197

Luxembourg 54 73

Netherlands 289 554

Portugal 22 29

Spain 110 151

Sweden 49 83

United Kingdom 455 1,291

Other West European countries,

total 129 225

Norway 24 30

Switzerland 107 173

Turkey 16 18

Other West European countries 4 4

East European countries, total 43 90

Czech Republic 16 19

Poland 22 33

Romania 3 3

Russia 7 10

Other East European countries 16 25

Africa, total 46 74

North Africa, total 5 7

Egypt 4 4

Morocco 3 3

East Africa, total 12 14

West and Central Africa, total 18 28

Liberia 12 16

Nigeria 6 9

Other West and Central African

countries 3 3

Southern Africa, total 21 25

South Africa (including Namibia) 20 24

Asia, total 278 835

Middle East, total 28 45

Israel 18 33

Other Middle East countries 10 12

Southern and Southeastern Asia,

total 125 266

India 27 32

Indonesia 7 8

Malaysia 29 40

Philippines 22 35

Singapore 75 109

Thailand 28 37

Other Southern and Southeastern

Asian countries 5 5

Eastern Asia, total 211 524

China 36 60

Hong Kong 70 111

Japan (including Okinawa and

Ryukyu Islands) 142 248

South Korea, Republic of 51 62

Taiwan 33 43

Oceania, total 138 324

Australia 130 273

New Zealand 22 38

Other countries of Oceania 6 13

Puerto Rico and U.S. Possessions,

total 31 46

Puerto Rico 29 42

U.S. Possessions, total 4 4

OPEC countries, total (countries

included above) 49 74

7,500 largest Controlled

Foreign Corporations

Total assets

Selected country of incorporation

of 7,500 Controlled Foreign Beginning End of year

Corporations of year

(3) (4)

All geographic areas 3,563,713,908 4,367,374,661

Canada 347,157,144 406,902,052

Latin America, total 403,977,414 524,277,861

Mexico 76,193,947 88,868,862

Central America, total 11,109,733 11,130,060

Costa Rica 901,658 1,035,958

El Salvador 1,188,863 1,452,525

Guatemala 1,417,851 1,482,529

Panama (including Canal Zone) 7,189,513 6,664,803

Caribbean countries, total 131,857,102 206,769,643

Cayman Islands (British) 123,317,018 198,085,399

Trinidad and Tobago 982,695 892,830

Other Caribbean countries 7,557,389 7,791,414

South America, total 184,816,632 217,509,296

Argentina 33,290,386 35,853,426

Bolivia 1,231,599 1,251,095

Brazil 103,312,972 117,011,257

Chile 15,894,714 22,155,359

Colombia 6,629,723 8,664,602

Ecuador 436,165 395,544

Peru 4,978,936 4,862,514

Uruguay 1,453,681 1,889,273

Venezuela 17,499,215 25,224,057

Other Western Hemisphere, total 177,218,335 221,184,861

Bahamas 27,124,699 29,601,683

Bermuda 101,547,573 133,882,368

Netherlands Antilles 14,938,728 15,852,505

Other British West Indies 30,809,879 38,836,058

Europe, total 2,144,066,645 2,672,215,602

European Union, total 2,000,966,498 2,477,496,892

Austria 13,922,037 14,415,913

Belgium 54,614,926 55,946,753

Denmark 7,394,206 12,816,427

Finland 4,342,572 4,508,809

France (including Andorra) 140,130,365 155,128,243

Germany 191,446,863 230,933,119

Greece 604,063 477,715

Ireland 81,756,051 108,761,619

Italy (including San Marino) 52,290,161 48,535,848

Luxembourg 53,878,441 109,066,139

Netherlands 359,830,040 415,860,501

Portugal 6,564,437 7,766,472

Spain 49,457,183 56,365,239

Sweden 29,375,785 40,724,559

United Kingdom 955,359,368 1,216,189,536

Other West European countries,

total 121,191,797 158,502,357

Norway 10,758,216 11,400,985

Switzerland 105,924,701 152,934,150

Turkey 3,717,561 2,794,168

Other West European countries 791,319 1,373,054

East European countries, total 21,908,351 26,216,353

Czech Republic 4,085,948 5,292,443

Poland 11,065,202 11,941,623

Romania 603,317 853,355

Russia 1,202,100 1,719,804

Other East European countries 4,951,784 6,409,128

Africa, total 15,079,424 15,996,338

North Africa, total 822,388 971,192

Egypt 464,766 671,157

Morocco 357,622 300,035

East Africa, total 1,277,516 1,574,299

West and Central Africa, total 9,016,570 9,074,529

Liberia 7,363,054 7,405,817

Nigeria 1,265,257 1,193,879

Other West and Central African

countries 388,259 474,833

Southern Africa, total 3,962,950 4,376,319

South Africa (including Namibia) 3,902,213 4,300,996

Asia, total 338,923,849 392,139,993

Middle East, total 12,075,394 14,587,901

Israel 9,201,992 11,734,786

Other Middle East countries 2,873,402 2,853,115

Southern and Southeastern Asia,

total 89,996,830 101,475,439

India 4,594,818 4,934,616

Indonesia 1,364,979 1,634,518

Malaysia 14,090,472 16,158,198

Philippines 9,769,630 11,133,548

Singapore 50,814,899 56,639,124

Thailand 8,300,449 7,860,411

Other Southern and Southeastern

Asian countries 1,061,582 1,115,024

Eastern Asia, total 236,851,626 276,076,653

China 9,887,333 12,972,556

Hong Kong 45,433,221 50,962,453

Japan (including Okinawa and

Ryukyu Islands) 151,797,625 176,228,422

South Korea, Republic of 12,441,902 15,446,883

Taiwan 17,291,545 20,466,338

Oceania, total 117,582,920 113,557,166

Australia 100,157,050 93,298,119

New Zealand 14,878,159 17,841,670

Other countries of Oceania 2,547,711 2,417,377

Puerto Rico and U.S. Possessions,

total 19,708,176 21,100,789

Puerto Rico 18,198,861 19,744,125

U.S. Possessions, total 1,509,315 1,356,663

OPEC countries, total (countries

included above) 22,098,758 32,068,536

7,500 largest Controlled

Foreign Corporations

Current

earnings and

Selected country of incorporation profits (less

of 7,500 Controlled Foreign Total receipts deficit)

Corporations before income

taxes

(5) (6)

All geographic areas 2,157,736,289 207,576,012

Canada 279,853,599 24,761,314

Latin America, total 235,463,494 22,986,094

Mexico 85,408,949 6,106,019

Central America, total 5,909,724 623,369

Costa Rica 767,829 146,199

El Salvador 513,554 67,649

Guatemala 717,340 5,360

Panama (including Canal Zone) 3,514,288 359,732

Caribbean countries, total 42,298,984 9,618,720

Cayman Islands (British) 39,442,977 8,865,214

Trinidad and Tobago 232,900 23,199

Other Caribbean countries 2,623,107 730,306

South America, total 101,845,837 6,637,986

Argentina 20,655,196 684,724

Bolivia 264,183 98,304

Brazil 57,718,249 3,373,519

Chile 5,732,513 496,892

Colombia 3,359,154 -254,117

Ecuador 297,331 -4,527

Peru 1,498,669 104,105

Uruguay 598,591 35,770

Venezuela 11,360,157 2,093,079

Other Western Hemisphere, total 77,657,550 12,491,725

Bahamas 14,437,486 1,095,202

Bermuda 44,997,344 8,680,895

Netherlands Antilles 930,950 323,314

Other British West Indies 10,097,268 2,391,576

Europe, total 1,171,739,748 115,100,551

European Union, total 1,061,729,977 99,284,001

Austria 9,236,857 972,387

Belgium 28,826,424 2,240,993

Denmark 5,546,914 1,011,503

Finland 3,850,430 414,440

France (including Andorra) 91,434,808 5,446,384

Germany 144,302,277 8,818,477

Greece 704,523 47,009

Ireland 49,367,500 11,769,381

Italy (including San Marino) 46,972,615 3,029,528

Luxembourg 19,018,387 3,071,699

Netherlands 21,955,116 26,949,429

Portugal 4,981,501 381,909

Spain 36,404,143 3,692,504

Sweden 28,823,313 1,742,179

United Kingdom 372,709,148 29,696,179

Other West European countries,

total 98,189,905 14,345,311

Norway 12,375,564 3,134,866

Switzerland 80,220,936 10,980,675

Turkey 5,207,615 198,989

Other West European countries 385,790 30,781

East European countries, total 11,819,866 1,471,239

Czech Republic 1,874,436 139,050

Poland 4,270,591 876,651

Romania 177,633 16,847

Russia 1,559,660 121,901

Other East European countries 3,937,546 316,791

Africa, total 10,469,366 679,045

North Africa, total 1,781,917 8,815

Egypt 1 6,788

Morocco 397,725 2,027

East Africa, total 819,618 92,867

West and Central Africa, total 3 355,468

Liberia 2,194 237,358

Nigeria 875 58,663

Other West and Central African

countries 365,353 59,447

Southern Africa, total 4,433,815 221,895

South Africa (including Namibia) 4,423,672 218,359

Asia, total 324,647,805 26,777,492

Middle East, total 8,519,812 1,549,749

Israel 7,021,487 1,293,038

Other Middle East countries 1,498,325 256,711

Southern and Southeastern Asia,

total 82,923,595 7,122,893

India 3,382 7,895

Indonesia 965 -148,172

Malaysia 10,369,202 1,154,619

Philippines 5,151,148 466,580

Singapore 54,784,422 5,269,168

Thailand 8,026,489 323,816

Other Southern and Southeastern

Asian countries 244,621 48,986

Eastern Asia, total 233,204,398 18,104,850

China 14,046,153 1,354,290

Hong Kong 31,532,804 3,776,290

Japan (including Okinawa and

Ryukyu Islands) 157,628,528 10,245,840

South Korea, Republic of 14,947,544 1,526,480

Taiwan 15,049,370 1,201,949

Oceania, total 48,614,020 3,141,200

Australia 43,734,765 2,753,538

New Zealand 3,869,409 214,343

Other countries of Oceania 1,009,846 173,319

Puerto Rico and U.S. Possessions,

total 9,290,706 1,638,591

Puerto Rico 8,910,494 1,558,066

U.S. Possessions, total 380,212 80,525

OPEC countries, total (countries

included above) 14,531,589 2,234,528

7,500 largest Controlled

Foreign Corporations

Current earnings

Selected country of incorporation and profits

of 7,500 Controlled Foreign Income taxes (less deficit)

Corporations after income

taxes

(7) (8)

All geographic areas 43,143,111 164,432,900

Canada 5,889,372 18,871,942

Latin America, total 4,477,748 18,508,345

Mexico 1,551,218 4,554,801

Central America, total 103,108 520,261

Costa Rica 12,468 133,731

El Salvador 27,374 40,276

Guatemala 5,537 -178

Panama (including Canal Zone) 50483.000 309,249

Caribbean countries, total 870,617 8,748,103

Cayman Islands (British) 793,659 8,071,555

Trinidad and Tobago 5,583 17,616

Other Caribbean countries 71,375 658,932

South America, total 1,952,805 4,685,180

Argentina 472,193 212,531

Bolivia 3,931 94,374

Brazil 868,333 2,505,186

Chile 215,920 280,971

Colombia 30,244 -284,361

Ecuador 1,600 -6,127

Peru 24,366 79,739

Uruguay 11,915 23,855

Venezuela 321,831 1,771,248

Other Western Hemisphere, total 1,540,149 10,951,575

Bahamas 241,135 854,068

Bermuda 1,130,853 7,550,042

Netherlands Antilles 47,185 276,129

Other British West Indies 120,977 2,270,599

Europe, total 23,537,872 91,562,679

European Union, total 20,364,575 78,919,426

Austria 183,777 788,610

Belgium 460,376 1,780,618

Denmark 135,186 876,317

Finland 75,903 338,537

France (including Andorra) 1,679,111 3,767,273

Germany 2,267,320 6,551,157

Greece 25,022 21,986

Ireland 1,103,071 10,666,309

Italy (including San Marino) 1,169,261 1,860,267

Luxembourg 336,886 2,734,813

Netherlands 4,381,520 22,567,909

Portugal 98,686 283,223

Spain 1,298,161 2,394,343

Sweden 232,509 1,509,670

United Kingdom 6,917,785 22,778,394

Other West European countries,

total 2,951,196 11,394,115

Norway 1,927,123 1,207,743

Switzerland 939,668 10,041,007

Turkey 83,507 115,482

Other West European countries 898 29,883

East European countries, total 222,101 1,249,139

Czech Republic 57,403 81,647

Poland 81,669 794,982

Romania 3,862 12,985

Russia 50,756 71,145

Other East European countries 28,411 288,380

Africa, total 199,071 479,974

North Africa, total 8,026 789

Egypt 4,346 2,442

Morocco 3,680 -1,653

East Africa, total 15,006 77,861

West and Central Africa, total 104,058 251,410

Liberia 37,803 199,555

Nigeria 62,392 -3,729

Other West and Central African

countries 3,863 55,584

Southern Africa, total 71,982 149,914

South Africa (including Namibia) 68,367 149,992

Asia, total 6,405,049 20,372,443

Middle East, total 180,239 1,369,510

Israel 177,768 1,115,270

Other Middle East countries 2,471 254,240

Southern and Southeastern Asia,

total 753,649 6,369,244

India 50,613 -42,718

Indonesia 40,576 -188,748

Malaysia 133,471 1,021,148

Philippines 39,479 427,101

Singapore 440,705 4,828,464

Thailand 42,368 281,449

Other Southern and Southeastern

Asian countries 6,437 42,549

Eastern Asia, total 5,471,161 12,633,688

China 122,327 1,231,963

Hong Kong 455,681 3,320,609

Japan (including Okinawa and

Ryukyu Islands) 4,358,306 5,887,534

South Korea, Republic of 349,503 1,176,977

Taiwan 185,344 1016605.00

Oceania, total 978,383 2,162,817

Australia 865,364 1,888,174

New Zealand 43,422 170,921

Other countries of Oceania 69,598 103,721

Puerto Rico and U.S. Possessions,

total 115,466 1,523,126

Puerto Rico 113,626 144,444

U.S. Possessions, total 1,840 78,685

OPEC countries, total (countries

included above) 424,671 1,809,856

7,500 largest Controlled

Foreign Corporations

Foreign corporations with

current earnings and profits

(+) before income taxes

Current

Selected country of incorporation earnings and

of 7,500 Controlled Foreign profits before Income taxes

Corporations income taxes

(9) (10)

All geographic areas 243,215,063 42,159,723

Canada 27,750,320 5,815,128

Latin America, total 28,897,417 4,376,862

Mexico 6,973,791 1,508,267

Central America, total 730,617 109,586

Costa Rica 151,232 12,468

El Salvador 67,649 27,374

Guatemala 20,708 4,915

Panama (including Canal Zone) 440,814 57,584

Caribbean countries, total 10,612,189 839,607

Cayman Islands (British) 9,836,075 762,655

Trinidad and Tobago 25,075 5,583

Other Caribbean countries 751,039 71,370

South America, total 10,580,819 1,919,402

Argentina 1,734,255 436,080

Bolivia 98,304 3,931

Brazil 5,007,825 886,651

Chile 920,077 217,929

Colombia 212,010 38,770

Ecuador 32,813 1,406

Peru 243,944 24,680

Uruguay 46,514 11,366

Venezuela 2,274,841 296,117

Other Western Hemisphere, total 13,949,090 1,573,676

Bahamas 1,710,747 230,354

Bermuda 9,324,074 1,160,980

Netherlands Antilles 324,417 47,185

Other British West Indies 2,559,767 135,158

Europe, total 135,404,608 22,803,867

European Union, total 118,523,772 19,679,566

Austria 1,107,198 179,365

Belgium 2,472,521 435,954

Denmark 1,068,530 129,823

Finland 434,234 75,903

France (including Andorra) 7,100,490 1,541,148

Germany 10,829,408 2,217,838

Greece 48,346 22,072

Ireland 12,147,896 1,083,546

Italy (including San Marino) 3,640,155 1,129,745

Luxembourg 3,658,433 332,195

Netherlands 29,386,800 4,271,120

Portugal 405,538 95,955

Spain 4,155,207 1,273,493

Sweden 2,151,309 230,510

United Kingdom 39,917,707 6,660,900

Other West European countries,

total 15,131,866 2,907,013

Norway 3,222,604 1,914,254

Switzerland 11,606,444 910,917

Turkey 263,848 79,981

Other West European countries 38,970 1,862

East European countries, total 1,748,970 217,288

Czech Republic 193,807 57,403

Poland 1,034,559 80,795

Romania 16,847 3,862

Russia 141,963 46,667

Other East European countries 361,794 28,562

Africa, total 869,526 199,631

North Africa, total 17,520 7,210

Egypt 12,077 4,346

Morocco 5,443 2,863

East Africa, total 97,343 15,006

West and Central Africa, total 480,921 105,857

Liberia 263,446 36,545

Nigeria 158,028 65,450

Other West and Central African

countries 59,447 3,863

Southern Africa, total 273,742 71,558

South Africa (including Namibia) 270,206 67,944

Asia, total 29,973,207 6,239,546

Middle East, total 1,781,104 176,736

Israel 1,508,168 174,265

Other Middle East countries 272,936 2,471

Southern and Southeastern Asia,

total 8,227,550 744,036

India 218,673 50,421

Indonesia 115,155 40,576

Malaysia 1,190,229 130,769

Philippines 628,773 37,760

Singapore 5,489,644 435,725

Thailand 517,358 42,348

Other Southern and Southeastern

Asian countries 67,718 6,437

Eastern Asia, total 19,964,553 5,318,774

China 1,508,196 120,972

Hong Kong 3,926,536 441,133

Japan (including Okinawa and

Ryukyu Islands) 11,524,466 4,225,109

South Korea, Republic of 1,752,695 347,018

Taiwan 1,252,661 184,542

Oceania, total 4,543,419 1,039,672

Australia 3,977,438 940,297

New Zealand 389,334 37,382

Other countries of Oceania 176,647 61,993

Puerto Rico and U.S. Possessions,

total 1,827,476 111,339

Puerto Rico 1,744,993 110,253

U.S. Possessions, total 82,483 1,086

OPEC countries, total (countries

included above) 2,778,981 402,015

7,500 largest Controlled

Foreign Corporations

Foreign

corporations Distri-

with butions

current earnings out of

and profits (+) earnings

before income and

taxes profits

Selected country of incorporation Current earnings

of 7,500 Controlled Foreign and profits Total

Corporations after income

taxes

(11) (12)

All geographic areas 201,055,340 94,882,197

Canada 21,935,192 8,444,142

Latin America, total 24,520,554 10,514,841

Mexico 5,465,525 1,569,144

Central America, total 621,031 506,223

Costa Rica 138,764 —

El Salvador 40,276 31,490

Guatemala 15,793 —

Panama (including Canal Zone) 383,230 474,733

Caribbean countries, total 9,772,581 4,670,877

Cayman Islands (British) 9,073,420 4,308,883

Trinidad and Tobago 19,492 803

Other Caribbean countries 679,669 361,191

South America, total 8,661,417 3,768,597

Argentina 1,298,174 828,129

Bolivia 94,374 22,912

Brazil 4,121,174 1,899,443

Chile 702,148 290,953

Colombia 173,240 55,273

Ecuador 31,407 699

Peru 219,264 151,069

Uruguay 35,148 —

Venezuela 1,978,724 520,114

Other Western Hemisphere, total 12,375,413 6,550,413

Bahamas 1,480,393 1,100,768

Bermuda 8,163,094 4,428,756

Netherlands Antilles 277,232 204,737

Other British West Indies 2,424,609 816,153

Europe, total 112,600,740 54,268,681

European Union, total 98,844,206 50,051,294

Austria 927,833 450,620

Belgium 2,036,567 1,491,405

Denmark 938,707 642,097

Finland 358,331 49,528

France (including Andorra) 5,559,343 3,001,201

Germany 8,611,571 8,849,513

Greece 26,274 18,634

Ireland 11,064,350 1,709,672

Italy (including San Marino) 2,510,410 1,362,497

Luxembourg 3,326,238 1,643,994

Netherlands 25,115,680 10,687,320

Portugal 309,583 303,959

Spain 2,881,714 1,212,494

Sweden 1,920,799 949,923

United Kingdom 33,256,807 17,678,437

Other West European countries,

total 12,224,852 4,010,810

Norway 1,308,350 1,035,740

Switzerland 10,695,527 2,899,002

Turkey 183,867 76,060

Other West European countries 37,108 9

East European countries, total 1,531,682 206,577

Czech Republic 136,404 63,743

Poland 953,764 8,794

Romania 12,985 5,885

Russia 95,296 —

Other East European countries 333,232 128,155

Africa, total 669,895 447,040

North Africa, total 10,310 53,029

Egypt 7,731 49,563

Morocco 2,580 3,466

East Africa, total 82,337 181,261

West and Central Africa, total 375,064 168,499

Liberia 226,901 51,821

Nigeria 92,578 69,551

Other West and Central African

countries 55,584 47,127

Southern Africa, total 202,184 44,250

South Africa (including Namibia) 202,263 44,250

Asia, total 23,733,662 12,635,172

Middle East, total 1,604,368 104,072

Israel 1,333,903 59,528

Other Middle East countries 270,465 44,544

Southern and Southeastern Asia,

total 7,483,514 1,509,489

India 168,251 34,023

Indonesia 74,579 17826.000

Malaysia 1,059,460 282,304

Philippines 591,014 146,931

Singapore 5,053,919 1,007,024

Thailand 475,010 19,154

Other Southern and Southeastern

Asian countries 61,281 2,226

Eastern Asia, total 14,645,779 11,021,611

China 1,387,224 506,354

Hong Kong 3,485,402 2,408,293

Japan (including Okinawa and

Ryukyu Islands) 7,299,357 7,501,342

South Korea, Republic of 1,405,677 354,909

Taiwan 1,068,119 250,714

Oceania, total 3,503,747 1,979,764

Australia 3,037,141 1,638,035

New Zealand 351,952 292,302

Other countries of Oceania 114,654 49,427

Puerto Rico and U.S. Possessions,

total 1,716,137 42,145

Puerto Rico 1,634,740 21,636

U.S. Possessions, total 81,397 20,509

OPEC countries, total (countries

included above) 2,376,966 633,246

7,500 largest Controlled

Foreign Corporations

Distributions out of

earnings and profits

Selected country of incorporation Not previously Previously

of 7,500 Controlled Foreign taxed earnings taxed earnings

Corporations and profits and profits

(13) (14)

All geographic areas 62,037,300 32,844,897

Canada 6,953,280 1,490,861

Latin America, total 6,702,130 3,812,711

Mexico 1,230,731 338,412

Central America, total 270,901 235,323

Costa Rica — —

El Salvador 30,456 1,034

Guatemala — —

Panama (including Canal Zone) 240,445 234,288

Caribbean countries, total 2,275,509 2,395,368

Cayman Islands (British) 2,003,228 2,305,656

Trinidad and Tobago 161 643

Other Caribbean countries 272,121 89,070

South America, total 2,924,989 843,608

Argentina 751,419 76,711

Bolivia 7003.000 15,909

Brazil 1,370,287 529,156

Chile 125,488 165,466

Colombia 48,301 6,972

Ecuador — 699

Peru 143,446 7,623

Uruguay — —

Venezuela 479,045 41,070

Other Western Hemisphere, total 3,597,900 2,952,514

Bahamas 324,096 776,672

Bermuda 2,843,350 1,585,406

Netherlands Antilles 6,718 198,019

Other British West Indies 423,736 392,418

Europe, total 33,740,289 20,528,392

European Union, total 31,792,420 18,258,873

Austria 361,567 89,053

Belgium 999,595 491,810

Denmark 308,900 333,197

Finland 38,365 11,163

France (including Andorra) 2,007,686 993,515

Germany 5,221,111 3,628,402

Greece 18634.000 —

Ireland 386,124 1,323,548

Italy (including San Marino) 804,524 557,973

Luxembourg 155,351 1,488,642

Netherlands 4,885,921 5,801,399

Portugal 241,914 62,045

Spain 1,059,431 153,064

Sweden 451,543 498,380

United Kingdom 14,851,754 2,826,683

Other West European countries,

total 1,825,827 2,184,983

Norway 1,008,074 27,666

Switzerland 741,694 2,157,308

Turkey 76,060 —

Other West European countries — 9

East European countries, total 122,042 84,535

Czech Republic 63,743 —

Poland 7,298 1,495

Romania 5,885 —

Russia — —

Other East European countries 45,115 83,040

Africa, total 419,972 27,068

North Africa, total 50,582 2,447

Egypt 49,563 —

Morocco 1,019 2,447

East Africa, total 173,006 8,255

West and Central Africa, total 160,904 7,595

Liberia 46,509 5,312

Nigeria 67,268 2,283

Other West and Central African

countries 47,127 —

Southern Africa, total 35,480 8,770

South Africa (including Namibia) 35,480 8,770

Asia, total 9,080,132 3,555,040

Middle East, total 62,672 41,399

Israel 32,263 27,265

Other Middle East countries 30,410 14,134

Southern and Southeastern Asia,

total 439,812 1,069,677

India 31,825 2,198

Indonesia 17,826 —

Malaysia 114,762 167,542

Philippines 103,213 43,718

Singapore 157,186 849,838

Thailand 15,000 4,155

Other Southern and Southeastern

Asian countries — 2,226

Eastern Asia, total 8,577,648 2,443,963

China 393,767 112,587

Hong Kong 1,337,579 1,070,714

Japan (including Okinawa and

Ryukyu Islands) 6,386,129 1,115,212

South Korea, Republic of 252,380 102,529

Taiwan 207,793 42,921

Oceania, total 1,505,383 474,381

Australia 1,230,998 407,037

New Zealand 239,385 52,917

Other countries of Oceania 35,000 14,427

Puerto Rico and U.S. Possessions,

total 38,213 3,931

Puerto Rico 18,603 3,033

U.S. Possessions, total 19,610 898

OPEC countries, total (countries

included above) 589,142 44,103

7,500 largest Controlled

Foreign Corporations

Dividends paid

Selected country of incorporation to controlling Total Subpart

of 7,500 Controlled Foreign U.S. F income

Corporations corporation

(15) (16)

All geographic areas 31,917,740 29,372,318

Canada 3,148,177 1,694,095

Latin America, total 3,600,773 3,573,487

Mexico 619,620 269,624

Central America, total 167,467 129,749

Costa Rica — 4,904

El Salvador 1,510 306

Guatemala — —

Panama (including Canal Zone) 165,957 124,538

Caribbean countries, total 1,747,478 2,246,300

Cayman Islands (British) 1,479,207 2,170,110

Trinidad and Tobago 129 1,122

Other Caribbean countries 268,143 75,069

South America, total 1,066,208 927,814

Argentina 220,225 43,404

Bolivia — 9,786

Brazil 632,539 560,508

Chile 67,105 231,409

Colombia 38,736 17,583

Ecuador — 1,214

Peru 4,377 6,311

Uruguay — 11,543

Venezuela 103,226 46,056

Other Western Hemisphere, total 2,903,930 3,509,550

Bahamas 311,724 441,705

Bermuda 2,163,249 2,530,923

Netherlands Antilles 5,341 154,502

Other British West Indies 423,616 381,539

Europe, total 14,537,765 17,379,317

European Union, total 13,088,869 14,197,579

Austria 5,493 29,567

Belgium 840,288 686,613

Denmark 83,922 317,438

Finland 11,187 11,541

France (including Andorra) 977,377 802,157

Germany 3,138,030 568,428

Greece 16,201 —

Ireland 283,866 2,229,578

Italy (including San Marino) 425,968 347,990

Luxembourg 151,271 632,124

Netherlands 1,477,287 4,596,741

Portugal 208,636 179,564

Spain 712,169 174,749

Sweden 369,266 272,300

United Kingdom 4,387,910 3,348,790

Other West European countries,

total 1,424,816 3,132,301

Norway 971,357 41,951

Switzerland 448,458 3,077,340

Turkey 5,001 12,285

Other West European countries — 725

East European countries, total 24,079 49,437

Czech Republic — 12,378

Poland — 13,945

Romania 5,885 602

Russia — 101

Other East European countries 18,194 22,412

Africa, total 165,781 129,632

North Africa, total 46,855 —

Egypt 45,873 —

Morocco 983 —

East Africa, total 3,201 4,204

West and Central Africa, total 99,133 98,130

Liberia 46,509 80,828

Nigeria 52,624 2,119

Other West and Central African

countries — 15,183

Southern Africa, total 16,592 27,298

South Africa (including Namibia) 16,592 27,298

Asia, total 6,769,404 2,642,950

Middle East, total 19,967 33,933

Israel 17,264 13,978

Other Middle East countries 2,703 19,955

Southern and Southeastern Asia,

total 307,097 1,225,383

India 22,000 1,170

Indonesia 3,387 —

Malaysia 106,144 76,551

Philippines 93,366 55,349

Singapore 71,394 1,087,805

Thailand 10,805 3,923

Other Southern and Southeastern

Asian countries — 586

Eastern Asia, total 6,442,340 1,383,634

China 84,943 34,363

Hong Kong 762,012 781,017

Japan (including Okinawa and

Ryukyu Islands) 5,239,223 442,448

South Korea, Republic of 226,436 83,812

Taiwan 129,726 41,993

Oceania, total 753,697 375,722

Australia 635,101 264,280

New Zealand 118,596 79,930

Other countries of Oceania — 31,512

Puerto Rico and U.S. Possessions,

total 38,213 67,564

Puerto Rico 18,603 67,564

U.S. Possessions, total 19,610 —

OPEC countries, total (countries

included above) 159,237 50,218

7,500 largest Controlled

Foreign Corporations

Receipts by foreign

corporations from

Selected country of incorporation All related

of 7,500 Controlled Foreign All sources parties

Corporations

(17) (18)

All geographic areas 2,157,736,289 627,117,862

Canada 279,853,599 81,231,639

Latin America, total 235,463,494 57,010,886

Mexico 85,408,949 27,437,218

Central America, total 5,909,724 2,463,849

Costa Rica 767,829 594,447

El Salvador 513,554 28,149

Guatemala 717,340 132,829

Panama (including Canal Zone) 3,514,288 1,504,375

Caribbean countries, total 42,298,984 15,466,449

Cayman Islands (British) 39,442,977 14,267,614

Trinidad and Tobago 232,900 9,060

Other Caribbean countries 2,623,107 1,189,775

South America, total 101,845,837 11,643,370

Argentina 20,655,196 2,657,918

Bolivia 264,183 3,080

Brazil 57,718,249 6,934,566

Chile 5,732,513 795,149

Colombia 3,359,154 311,459

Ecuador 297,331 70,877

Peru 1,498,669 185,609

Uruguay 598,591 29,527

Venezuela 11,360,157 506,437

Other Western Hemisphere, total 77,657,550 33,011,751

Bahamas 14,437,486 4,108,103

Bermuda 44,997,344 17,114,338

Netherlands Antilles 930,950 284,495

Other British West Indies 10,097,268 6,051,839

Europe, total 1,171,739,748 344,280,778

European Union, total 1,061,729,977 304,455,785

Austria 9,236,857 4,423,464

Belgium 28,826,424 13,816,389

Denmark 5,546,914 1,125,523

Finland 3,850,430 184,775

France (including Andorra) 91,434,808 26,512,960

Germany 144,302,277 41,189,478

Greece 704,523 37,327

Ireland 49,367,500 14,949,727

Italy (including San Marino) 46,972,615 6,900,969

Luxembourg 19,018,387 4,983,303

Netherlands 219,551,136 75,223,520

Portugal 4,981,501 822,022

Spain 36,404,143 10,669,423

Sweden 28,823,313 16,288,942

United Kingdom 372,709,148 87,327,962

Other West European countries,

total 98,189,905 37,475,898

Norway 12,375,564 4,749,872

Switzerland 80,220,936 32,523,567

Turkey 5,207,615 196,895

Other West European countries 385,790 5,564

East European countries, total 11,819,866 2,349,096

Czech Republic 1,874,436 401,042

Poland 4,270,591 603,302

Romania 177,633 69,704

Russia 1,559,660 446,890

Other East European countries 3,937,546 828,157

Africa, total 10,469,366 1,815,439

North Africa, total 1,781,917 84,274

Egypt 1,384,192 82,661

Morocco 397,725 1,614

East Africa, total 819,618 118,453

West and Central Africa, total 3,434,016 1,078,130

Liberia 2,194,133 853,663

Nigeria 874,531 4,590

Other West and Central African

countries 365,353 219,878

Southern Africa, total 4,433,815 534,581

South Africa (including Namibia) 4,423,672 533,428

Asia, total 324,647,805 99,320,992

Middle East, total 8,519,812 3,952,578

Israel 7,021,487 3,931,299

Other Middle East countries 1,498,325 21,279

Southern and Southeastern Asia,

total 82,923,595 44,172,962

India 3,382,255 427,217

Indonesia 965,459 —

Malaysia 10,369,202 6,740,719

Philippines 5,151,148 2,693,749

Singapore 54,784,422 31,899,002

Thailand 8,026,489 2,390,406

Other Southern and Southeastern

Asian countries 244,621 21,871

Eastern Asia, total 233,204,398 51,195,453

China 14,046,153 4,252,853

Hong Kong 31,532,804 10,441,667

Japan (including Okinawa and

Ryukyu Islands) 157,628,528 30,726,559

South Korea, Republic of 14,947,544 2,258,957

Taiwan 15,049,370 3,515,416

Oceania, total 48,614,020 7,432,563

Australia 43,734,765 6,720,118

New Zealand 3,869,409 685,887

Other countries of Oceania 1,009,846 26,557

Puerto Rico and U.S. Possessions,

total 9,290,706 3,013,814

Puerto Rico 8,910,494 2,975,034

U.S. Possessions, total 380,212 38,780

OPEC countries, total (countries

included above) 14,531,589 532,212

7,500 largest Controlled

Foreign Corporations

Receipts by foreign

corporations from

Domestic

corporations

Selected country of incorporation U.S. controlled by

of 7,500 Controlled Foreign corporation U.S.

Corporations filing return corporation

filing return

(19) (20)

All geographic areas 139,080,084 102,508,905

Canada 39,565,898 22,959,913

Latin America, total 17,592,554 13,062,812

Mexico 7,182,055 8,433,944

Central America, total 544,590 598,231

Costa Rica 434,197 92,672

El Salvador — 1,241

Guatemala — 6,005

Panama (including Canal Zone) 4,936 443,784

Caribbean countries, total 8,484,861 2,495,601

Cayman Islands (British) 8,296,346 1,975,567

Trinidad and Tobago — 1,073

Other Caribbean countries 188,515 518,961

South America, total 1,381,048 1,535,036

Argentina 76,955 196,943

Bolivia — —

Brazil 1,038,719 898,236

Chile 186,959 209,864

Colombia 39,448 45,585

Ecuador — 1,619

Peru 5,187 100,114

Uruguay — 16,292

Venezuela 33,780 65,699

Other Western Hemisphere, total 13,081,878 11,035,986

Bahamas 3,888 2,001,306

Bermuda 8,267,619 4,471,233

Netherlands Antilles 17,064 52,000

Other British West Indies 4,793,307 625,086

Europe, total 39,910,982 40,807,630

European Union, total 34,797,046 38,522,831

Austria 7,655 1,443,630

Belgium 606,587 1,101,594

Denmark 36,456 156,563

Finland 3,051 74,289

France (including Andorra) 2,523,628 1,017,352

Germany 4,665,426 3,452,036

Greece — 1,016

Ireland 4,113,591 1,173,797

Italy (including San Marino) 759,724 479,635

Luxembourg 402,112 687,293

Netherlands 11,248,049 6,246,852

Portugal 15,981 158,985

Spain 644,685 289,132

Sweden 924,686 4,210,249

United Kingdom 8,845,416 18,030,407

Other West European countries,

total 4,981,393 2,158,302

Norway 62,857 568,827

Switzerland 4,885,294 1,571,480

Turkey 33,242 17,994

Other West European countries — —

East European countries, total 132,543 126,497

Czech Republic 52,905 30,417

Poland 74,552 71,345

Romania — 935

Russia — —

Other East European countries 5,087 23,799

Africa, total 31,068 819,486

North Africa, total — 74,311

Egypt — 73,779

Morocco — 532

East Africa, total 4,809 9,394

West and Central Africa, total 9,260 723,570

Liberia 9,260 552,058

Nigeria — 4,590

Other West and Central African

countries — 166,922

Southern Africa, total 17,000 12,211

South Africa (including Namibia) 17,000 11,060

Asia, total 27,137,900 11,778,932

Middle East, total 2,726,117 328,807

Israel 2,721,534 328,714

Other Middle East countries 4,583 93

Southern and Southeastern Asia,

total 16,749,867 6,489,503

India 82,896 90,417

Indonesia — —

Malaysia 4,035,578 675,161

Philippines 1,984,781 11,994

Singapore 10,276,157 5,667,152

Thailand 370,455 27,469

Other Southern and Southeastern

Asian countries — 17,311

Eastern Asia, total 7,661,916 4,960,622

China 749,174 290,890

Hong Kong 2,239,571 1,527,452

Japan (including Okinawa and

Ryukyu Islands) 3,095,518 1,599,061

South Korea, Republic of 641,985 170,462

Taiwan 935,666 1,372,757

Oceania, total 529,327 1,470,339

Australia 476,276 1,420,750

New Zealand 53,051 25,379

Other countries of Oceania — 24,210

Puerto Rico and U.S. Possessions,

total 1,230,477 573,807

Puerto Rico 1,230,477 571,778

U.S. Possessions, total — 2,029

OPEC countries, total (countries

included above) 38,364 70,289

7,500 largest Controlled

Foreign Corporations

Receipts by foreign

corporations from

Any foreign

corporations

Selected country of incorporation controlled by All other

of 7,500 Controlled Foreign U.S. related parties

Corporations corporation

filing return

(21) (22)

All geographic areas 385,222,353 306,520

Canada 18,696,918 8,910

Latin America, total 26,351,945 3,574

Mexico 11,821,219 —

Central America, total 1,321,028 —

Costa Rica 67,578 —

El Salvador 26,908 —

Guatemala 126,824 —

Panama (including Canal Zone) 1,055,655 —

Caribbean countries, total 4,482,412 3,574

Cayman Islands (British) 3,992,126 3,574

Trinidad and Tobago 7,987 —

Other Caribbean countries 482,299 —

South America, total 8,727,286 —

Argentina 2,384,019 —

Bolivia 3,080 —

Brazil 4,997,611 —

Chile 398,326 —

Colombia 226,426 —

Ecuador 69,258 —

Peru 80,308 —

Uruguay 13,235 —

Venezuela 406,957 —

Other Western Hemisphere, total 8,855,707 38,181

Bahamas 2,102,909 —

Bermuda 4,337,305 38,181

Netherlands Antilles 215,430 —

Other British West Indies 633,446 —

Europe, total 263,502,488 59,678

European Union, total 231,076,231 59,676

Austria 2,972,179 —

Belgium 12,108,209 —

Denmark 932,504 —

Finland 107,435 —

France (including Andorra) 22,971,980 —

Germany 33,067,750 4,266

Greece 36,311 —

Ireland 9,662,339 —

Italy (including San Marino) 5,658,380 3,231

Luxembourg 3,893,897 —

Netherlands 57,681,699 46,920

Portugal 647,056 —

Spain 9,735,606 —

Sweden 11,154,007 —

United Kingdom 60,446,879 5,260

Other West European countries,

total 30,336,202 1

Norway 4,118,188 —

Switzerland 26,066,791 1

Turkey 145,659 —

Other West European countries 5,564 —

East European countries, total 2,090,055 —

Czech Republic 317,720 —

Poland 457,405 —

Romania 68,768 —

Russia 446,890 —

Other East European countries 799,271 —

Africa, total 964,884 —

North Africa, total 9,963 —

Egypt 8,881 —

Morocco 1,082 —

East Africa, total 104,250 —

West and Central Africa, total 345,301 —

Liberia 292,345 —

Nigeria — —

Other West and Central African

countries 52,956 —

Southern Africa, total 505,370 —

South Africa (including Namibia) 505,368 —

Asia, total 60,207,984 196,177

Middle East, total 897,654 —

Israel 881,051 —

Other Middle East countries 16,602 —

Southern and Southeastern Asia,

total 20,739,117 194,474

India 253,904 —

Indonesia — —

Malaysia 2,029,980 —

Philippines 696,974 —

Singapore 15,822,314 133,379

Thailand 1,931,386 61,095

Other Southern and Southeastern

Asian countries 4,560 —

Eastern Asia, total 38,571,212 1,703

China 3,212,788 —

Hong Kong 6,674,604 40

Japan (including Okinawa and

Ryukyu Islands) 26,031,980 —

South Korea, Republic of 1,446,510 —

Taiwan 1,205,330 1,663

Oceania, total 5,432,897 —

Australia 4,823,093 —

New Zealand 607,457 —

Other countries of Oceania 2,346 —

Puerto Rico and U.S. Possessions,

total 1,209,530 —

Puerto Rico 1,172,779 —

U.S. Possessions, total 36,751 —

OPEC countries, total (countries

included above) 70,289 —

7,500 largest Controlled

Foreign Corporations

Receipts by Payments by

foreign foreign

corporations corporations

from to

Selected country of incorporation

of 7,500 Controlled Foreign Unrelated All recipients

Corporations parties

(23) (24)

All geographic areas 1,541,835,149 2,055,270,187

Canada 198,777,980 263,989,106

Latin America, total 179,963,651 224,876,314

Mexico 58,083,274 81,798,426

Central America, total 3,449,669 5,898,802

Costa Rica 173,382 622,965

El Salvador 485,405 457,024

Guatemala 584,511 699,503

Panama (including Canal Zone) 2,013,707 3,767,027

Caribbean countries, total 28,121,952 38,230,218

Cayman Islands (British) 26,451,844 35,816,257

Trinidad and Tobago 223,840 210,707

Other Caribbean countries 1,446,268 2,203,255

South America, total 90,308,756 98,948,867

Argentina 18,013,291 21,372,457

Bolivia 261,104 206,102

Brazil 50,854,203 55,827,465

Chile 4,946,758 5,494,709

Colombia 3,047,696 3,819,832

Ecuador 226,454 303,846

Peru 1,320,399 1,595,085

Uruguay 569,064 546,064

Venezuela 10,856,740 9,430,078

Other Western Hemisphere, total 44,964,824 70,490,869

Bahamas 10,331,357 14,409,087

Bermuda 28,193,624 39,634,518

Netherlands Antilles 651,516 778,820

Other British West Indies 4,046,803 8,532,177

Europe, total 835,682,080 1,119,014,467

European Union, total 764,527,542 1,019,676,821

Austria 4,824,045 9,031,944

Belgium 15,591,220 28,453,223

Denmark 4,427,636 5,484,103

Finland 3,665,655 3,540,511

France (including Andorra) 65,334,977 89,571,745

Germany 103,491,547 145,870,485

Greece 667,196 686,326

Ireland 34,480,113 40,116,157

Italy (including San Marino) 40,228,460 45,462,147

Luxembourg 14,134,204 17,033,586

Netherlands 145,265,288 204,775,730

Portugal 4,159,479 4,980,881

Spain 25,748,098 34,294,968

Sweden 12,645,602 28,424,988

United Kingdom 289,864,023 361,950,026

Other West European countries,

total 61,680,896 88,084,177

Norway 7,625,692 10,107,472

Switzerland 48,664,258 72,521,625

Turkey 5,010,720 5,183,473

Other West European countries 380,227 271,608

East European countries, total 9,473,642 11,253,469

Czech Republic 1,476,265 1,749,588

Poland 3,667,289 4,131,817

Romania 107,929 171,066

Russia 1,112,770 155,875

Other East European countries 3,109,389 3,645,123

Africa, total 8,659,433 10,073,985

North Africa, total 1,697,642 1,826,325

Egypt 1,301,532 1,426,405

Morocco 396,111 399,920

East Africa, total 701,165 886,912

West and Central Africa, total 2,355,886 3,132,168

Liberia 1,340,470 1,920,374

Nigeria 869,941 841,929

Other West and Central African

countries 145,475 369,864

Southern Africa, total 3,904,740 4,228,580

South Africa (including Namibia) 3,895,750 4,221,413

Asia, total 226,079,188 311,782,545

Middle East, total 4,647,040 7,169,057

Israel 3,169,994 5,962,047

Other Middle East countries 1,477,046 1,207,010

Southern and Southeastern Asia,

total 39,360,545 77,694,340

India 2,955,037 3,498,224

Indonesia 965,459 1,088,690

Malaysia 3,676,721 9,547,604

Philippines 2,605,668 5,025,796

Singapore 23,297,585 50,373,080

Thailand 5,637,325 7,954,555

Other Southern and Southeastern

Asian countries 222,750 206,391

Eastern Asia, total 182,071,603 226,919,148

China 9,793,879 13,179,680

Hong Kong 21,138,027 30,182,833

Japan (including Okinawa and

Ryukyu Islands) 126,917,157 155,384,412

South Korea, Republic of 12,688,587 13,863,452

Taiwan 11,533,953 14,308,771

Oceania, total 41,230,722 47,540,357

Australia 37,058,158 42,611,267

New Zealand 3,189,275 4,003,216

Other countries of Oceania 983,289 925,874

Puerto Rico and U.S. Possessions,

total 6,477,270 7,502,544

Puerto Rico 6,135,838 7,200,503

U.S. Possessions, total 341,432 302,041

OPEC countries, total (countries

included above) 14,002,397 12,406,635

7,500 largest Controlled

Foreign Corporations

Payments by foreign

corporations to

Selected country of incorporation U.S.

of 7,500 Controlled Foreign All related corporation

Corporations parties fling return

(25) (26)

All geographic areas 643,966,908 165,345,312

Canada 69,570,202 31,390,216

Latin America, total 58,331,063 21,840,739

Mexico 23,644,925 8,264,849

Central America, total 2,490,969 644,308

Costa Rica 196,545 160,933

El Salvador 62,661 —

Guatemala 178,036 —

Panama (including Canal Zone) 1,826,448 358,649

Caribbean countries, total 16,907,215 9,104,900

Cayman Islands (British) 15,996,082 8,698,708

Trinidad and Tobago 18,167 —

Other Caribbean countries 892,966 406,191

South America, total 15,287,953 3,826,683

Argentina 3,317,658 681,211

Bolivia 21,294 —

Brazil 9,110,788 2,620,357

Chile 893,134 116,098

Colombia 319,013 78,736

Ecuador 23,018 280

Peru 267,624 47,151

Uruguay 30,412 2,237

Venezuela 1,301,521 280,613

Other Western Hemisphere, total 27,061,773 5,595,543

Bahamas 6,245,771 1,846,589

Bermuda 16,171,260 3,233,735

Netherlands Antilles 660,768 129,791

Other British West Indies 2,084,051 385,428

Europe, total 357,322,671 69,085,745

European Union, total 318,665,532 57,662,126

Austria 3,372,621 105,305

Belgium 7,545,470 1,153,911

Denmark 1,852,869 129,627

Finland 856,037 30,237

France (including Andorra) 25,749,370 3,439,820

Germany 40,582,393 5,337,370

Greece 43,094 1,420

Ireland 18,596,512 7,125,396

Italy (including San Marino) 12,856,435 1,012,474

Luxembourg 6,951,676 520,294

Netherlands 84,523,466 23,566,981

Portugal 1,355,762 48,194

Spain 12,902,609 1,121,026

Sweden 5,980,571 331,019

United Kingdom 95,496,645 13,739,050

Other West European countries,

total 35,107,011 11,109,080

Norway 2,221,619 14,529

Switzerland 31,530,462 11,025,857

Turkey 1,311,662 68,694

Other West European countries 43,268 —

East European countries, total 3,550,128 314,539

Czech Republic 300,389 5,253

Poland 1,365,980 244,166

Romania 6,749 —

Russia 814,864 —

Other East European countries 1,062,146 652,120

Africa, total 2,269,330 199,452

North Africa, total 140,924 4,563

Egypt 91,193 4,563

Morocco 49,732 —

East Africa, total 358,884 32,717

West and Central Africa, total 924,237 117,731

Liberia 717,619 73,399

Nigeria 89,169 44,332

Other West and Central African

countries 117,449 —

Southern Africa, total 845,284 44,440

South Africa (including Namibia) 845,066 44,440

Asia, total 116,122,656 33,992,212

Middle East, total 1,259,139 416,203

Israel 1,194,469 415,550

Other Middle East countries 64,670 653

Southern and Southeastern Asia,

total 30,673,628 12,209,284

India 650,939 155,185

Indonesia 54,225 4,941

Malaysia 4,234,852 2,101,939

Philippines 2,639,720 1,437,364

Singapore 20,795,708 8,074,151

Thailand 2,269,979 435,497

Other Southern and Southeastern

Asian countries 28,204 206

Eastern Asia, total 84,189,889 21,366,726

China 4,083,611 703,257

Hong Kong 13,013,125 4,198,069

Japan (including Okinawa and

Ryukyu Islands) 57,668,793 13,231,877

South Korea, Republic of 4,214,705 1,553,294

Taiwan 5,209,655 1,680,228

Oceania, total 11,027,758 2,679,019

Australia 9,592,161 2,421,920

New Zealand 1,353,845 247,973

Other countries of Oceania 81,752 9,126

Puerto Rico and U.S. Possessions,

total 2,261,454 562,385

Puerto Rico 2,046,339 512,016

U.S. Possessions, total 215,115 50,369

OPEC countries, total (countries

included above) 1,482,517 330,279

7,500 largest Controlled

Foreign Corporations

Payments by foreign

corporations to

Domestic Any foreign

corporations corporations

Selected country of incorporation controlled by controlled by

of 7,500 Controlled Foreign U.S. U.S.

Corporations corporation corporation

filing return filing return

(27) (28)

All geographic areas 141,739,758 336,334,984

Canada 23,359,885 14,815,604

Latin America, total 16,956,940 19,494,213

Mexico 9,569,599 5,809,364

Central America, total 363,152 1,483,510

Costa Rica 26,525 9,087

El Salvador 15,053 47,608

Guatemala 161,349 16,687

Panama (including Canal Zone) 160,225 1,307,574

Caribbean countries, total 3,023,730 4,770,882

Cayman Islands (British) 2,620,590 4,669,081

Trinidad and Tobago 10,595 7,572

Other Caribbean countries 392,545 94,229

South America, total 4,000,459 7,430,457

Argentina 751,570 1,878,016

Bolivia 22 21,273

Brazil 2,515,919 3,963,163

Chile 257,427 519,609

Colombia 111,811 128,465

Ecuador 9,036 13,702

Peru 88,769 131,704

Uruguay 2,349 13,681

Venezuela 263,460 757,449

Other Western Hemisphere, total 6,904,596 14,561,634

Bahamas 2,524,962 1,874,220

Bermuda 2,597,813 10,339,712

Netherlands Antilles 326,718 204,258

Other British West Indies 1,176,007 522,615

Europe, total 68,505,209 219,649,543

European Union, total 61,634,192 199,322,618

Austria 1,000,751 2,266,565

Belgium 1,477,594 4,913,964

Denmark 543,421 1,179,822

Finland 190,786 635,014

France (including Andorra) 2,947,934 19,361,616

Germany 7,571,235 27,650,122

Greece 27,132 14,542

Ireland 3,958,871 7,512,245

Italy (including San Marino) 1,867,401 9,975,193

Luxembourg 1,870,011 4,561,371

Netherlands 12,346,810 48,608,414

Portugal 386,647 920,920

Spain 1,419,191 10,362,392

Sweden 1,545,137 4,104,415

United Kingdom 24,481,271 57,256,023

Other West European countries,

total 6,141,227 17,821,126

Norway 1,114,479 1,092,612

Switzerland 4,063,447 16,405,580

Turkey 954,512 288,456

Other West European countries 8,789 34,479

East European countries, total 729,789 2,505,800

Czech Republic 95,338 199,797

Poland 479,776 642,038

Romania 6,749 —

Russia 22,802 792,063

Other East European countries 125,123 871,903

Africa, total 295,894 1,773,984

North Africa, total 117,388 18,973

Egypt 75,715 10,915

Morocco 41,673 8,059

East Africa, total 10,308 315,859

West and Central Africa, total 114,423 692,083

Liberia 5,903 638,317

Nigeria 39,434 5,403

Other West and Central African

countries 69,086 48,363

Southern Africa, total 53,775 747,069

South Africa (including Namibia) 53,556 747,069

Asia, total 23,012,751 58,696,681

Middle East, total 84,662 758,274

Israel 73,348 705,572

Other Middle East countries 11,315 52,701

Southern and Southeastern Asia,

total 6,134,478 12,319,686

India 169,646 326,109

Indonesia 27,718 21,566

Malaysia 1,027,713 1,105,200

Philippines 107,173 1,092,915

Singapore 4,431,929 8,281,716

Thailand 353,118 1,481,364

Other Southern and Southeastern

Asian countries 17,183 10,816

Eastern Asia, total 16,793,611 45,618,721

China 451,287 2,929,068

Hong Kong 2,103,913 6,711,118

Japan (including Okinawa and

Ryukyu Islands) 13,117,980 31,318,936

South Korea, Republic of 575,785 2,085,626

Taiwan 544,647 2,573,974

Oceania, total 1,709,525 6,639,214

Australia 1,600,211 5,570,030

New Zealand 105,970 999,901

Other countries of Oceania 3,343 69,282

Puerto Rico and U.S. Possessions,

total 994,959 704,110

Puerto Rico 970,242 564,081

U.S. Possessions, total 24,717 140,029

OPEC countries, total (countries

included above) 336,203 816,035

7,500 largest Controlled

Foreign Corporations

Payments by foreign

corporations to

Selected country of incorporation All other

of 7,500 Controlled Foreign related Unrelated

Corporations parties parties

(29) (30)

All geographic areas 546,853 1,419,326,973

Canada 4,496 194,514,487

Latin America, total 39,171 167,016,381

Mexico 1,114 58,307,654

Central America, total — 3,454,733

Costa Rica — 426,420

El Salvador — 394,447

Guatemala — 521,467

Panama (including Canal Zone) — 1,952,035

Caribbean countries, total 7,703 21,474,376

Cayman Islands (British) 7,703 19,971,547

Trinidad and Tobago — 192,540

Other Caribbean countries — 1,310,289

South America, total 30,354 83,779,618

Argentina 6,861 18,056,736

Bolivia — 184,808

Brazil 11,349 46,809,021

Chile — 4,625,998

Colombia — 3,500,819

Ecuador — 280,827

Peru — 1,327,460

Uruguay 12,144 515,652

Venezuela — 8,128,557

Other Western Hemisphere, total — 43,495,139

Bahamas — 8,165,977

Bermuda — 23,526,642

Netherlands Antilles — 118,052

Other British West Indies — 6,448,126

Europe, total 82,174 768,619,854

European Union, total 46,596 704,292,833

Austria — 5,683,102

Belgium — 20,962,909

Denmark — 3,636,397

Finland — 2,684,473

France (including Andorra) — 63,891,714

Germany 23,666 105,414,576

Greece — 643,232

Ireland — 21,658,947

Italy (including San Marino) 1,367 33,278,515

Luxembourg — 10,082,543

Netherlands 1,261 121,052,631

Portugal — 3,625,119

Spain — 21,393,001

Sweden — 22,579,462

United Kingdom 20,302 267,706,211

Other West European countries,

total 35,579 56,600,661

Norway — 8,079,607

Switzerland 35,579 44,353,952

Turkey — 3,938,761

Other West European countries — 228,340

East European countries, total — 7,726,360

Czech Republic — 1,452,648

Poland — 2,785,408

Romania — 164,316

Russia — 741,011

Other East European countries — 2,582,977

Africa, total — 7,804,655

North Africa, total — 1,685,401

Egypt — 1,335,212

Morocco — 350,189

East Africa, total — 528,027

West and Central Africa, total — 2,207,931

Liberia — 1,202,755

Nigeria — 752,760

Other West and Central African

countries — 252,415

Southern Africa, total — 3,383,296

South Africa (including Namibia) — 3,376,347

Asia, total 421,012 196,062,650

Middle East, total — 5,912,666

Israel — 4,770,326

Other Middle East countries — 1,142,340

Southern and Southeastern Asia,

total 10,181 47,129,371

India — 2,847,285

Indonesia — 1,034,464

Malaysia — 5,384,808

Philippines 2,268 2,422,260

Singapore 7,912 29,577,790

Thailand (2) 5,684,576

Other Southern and Southeastern

Asian countries — 178,187

Eastern Asia, total 410,831 143,020,613

China — 9,100,301

Hong Kong 25 17,221,145

Japan (including Okinawa and

Ryukyu Islands) — 97,725,469

South Korea, Republic of — 9,648,747

Taiwan 410,806 9,324,951

Oceania, total — 36,572,717

Australia — 33,072,505

New Zealand — 2,655,411

Other countries of Oceania — 844,800

Puerto Rico and U.S. Possessions,

total — 5,241,090

Puerto Rico — 5,154,164

U.S. Possessions, total — 86,926

OPEC countries, total (countries

included above) — 10,924,118

(1) Number of returns is not additive because some U.S. corporations

had Controlled Foreign Corporations in more than one country of

incorporation.

(2) Value is less than $500.

NOTE: Detail may not add to totals because of rounding and because

data are shown for selected countries only.

Table 3.–U.S. Corporations with Total Assets of $500 Million or More

and Their 7,500 Largest Controlled Foreign Corporations: Number,

Assets, Receipts, Earnings, Taxes, Distributions, and Subpart F

Income, by Selected Country of Incorporation and North American

Industry Classification System (NAICS) Industrial Sector of

Controlled Foreign Corporation

[Money amounts are in thousands of dollars]

7,500 largest

Controlled

Foreign

Corporations

Selected country of incorporation

and NAICS industrial sector of Number of Number of

7,500 largest Controlled Foreign U.S. corporation foreign

Corporations returns (1) corporations

(1) (2)

All geographic areas (2)

All industries 1,087 7,500

Raw materials and energy

production 107 435

Goods production 496 2,197

Distribution and transportation

of goods 290 915

Information 85 298

Finance, insurance, real estate,

and rental and leasing 360 1,713

Services 568 1,939

Argentina

All industries 83 148

Raw materials and energy

production 15 35

Goods production 35 43

Distribution and transportation

of goods 11 11

Information 8 10

Finance, insurance, real estate,

and rental and leasing 13 21

Services 19 28

Australia

All industries 130 273

Raw materials and energy

production 16 32

Goods production 44 59

Distribution and transportation

of goods 30 32

Information 8 14

Finance, insurance, real estate,

and rental and leasing 42 72

Services 38 64

Belgium

All industries 86 141

Raw materials and energy

production — —

Goods production 45 52

Distribution and transportation

of goods 20 22

Information 7 7

Finance, insurance, real estate,

and rental and leasing 25 30

Services 25 30

Bermuda

All industries 106 181

Raw materials and energy

production 10 27

Goods production 10 14

Distribution and transportation

of goods 12 15

Information 4 4

Finance, insurance, real estate,

and rental and leasing 59 91

Services 26 30

Brazil

All industries 136 252

Raw materials and energy

production 13 24

Goods production 76 103

Distribution and transportation

of goods 14 17

Information 9 13

Finance, insurance, real estate,

and rental and leasing 23 40

Services 36 55

Canada

All industries 391 708

Raw materials and energy

production 45 69

Goods production 179 221

Distribution and transportation

of goods 84 93

Information 12 19

Finance, insurance, real estate,

and rental and leasing 98 174

Services 97 132

Cayman Islands (British) (2)

All industries 134 283

Raw materials and energy

production 17 28

Goods production 23 27

Distribution and transportation

of goods 5 5

Information 4 4

Finance, insurance, real estate,

and rental and leasing 52 120

Services 50 98

Chile

All industries 48 70

Raw materials and energy

production 5 10

Goods production 6 6

Distribution and transportation

of goods 10 10

Information 4 7

Finance, insurance, real estate,

and rental and leasing 16 20

Services 15 17

France (including Andorra)

All industries 202 410

Raw materials and energy

production 4 5

Goods production 104 142

Distribution and transportation

of goods 43 52

Information 8 11

Finance, insurance, real estate,

and rental and leasing 45 74

Services 80 126

Germany

All industries 212 431

Raw materials and energy

production — —

Goods production 106 159

Distribution and transportation

of goods 42 55

Information 10 14

Finance, insurance, real estate,

and rental and leasing 41 61

Services 107 142

Hong Kong

All industries 70 111

Raw materials and energy

production ** **

Goods production 17 17

Distribution and transportation

of goods 28 32

Information ** **

Finance, insurance, real estate,

and rental and leasing 17 33

Services 20 25

Ireland

All industries 105 176

Raw materials and energy

production ** **

Goods production 40 49

Distribution and transportation

of goods 12 14

Information ** **

Finance, insurance, real estate,

and rental and leasing 34 56

Services 39 50

Italy (including San Marino)

All industries 124 197

Raw materials and energy

production ** **

Goods production 72 107

Distribution and transportation

of goods 30 34

Information ** **

Finance, insurance, real estate,

and rental and leasing 17 21

Services 26 31

Japan (including Okinawa and

Ryukyu Islands)

All industries 142 248

Raw materials and energy

production — —

Goods production 72 106

Distribution and transportation

of goods 55 67

Information 6 8

Finance, insurance, real estate,

and rental and leasing 17 36

Services 22 31

Malaysia

All industries 29 40

Raw materials and energy

production — —

Goods production 17 21

Distribution and transportation

of goods 4 5

Information — —

Finance, insurance, real estate,

and rental and leasing 7 9

Services 5 5

Mexico

All industries 147 271

Raw materials and energy

production 7 10

Goods production 76 108

Distribution and transportation

of goods 25 27

Information 5 13

Finance, insurance, real estate,

and rental and leasing 33 47

Services 50 66

Netherlands

All industries 289 554

Raw materials and energy

production 11 14

Goods production 97 120

Distribution and transportation

of goods 50 54

Information 16 28

Finance, insurance, real estate,

and rental and leasing 60 90

Services 167 248

New Zealand

All industries 22 38

Raw materials and energy

production ** **

Goods production 5 8

Distribution and transportation

of goods 4 5

Information ** **

Finance, insurance, real estate,

and rental and leasing 6 11

Services 8 10

Norway

All industries 24 30

Raw materials and energy

production 7 7

Goods production 7 7

Distribution and transportation

of goods 8 9

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 3 4

Panama (including Canal Zone)

All industries 25 37

Raw materials and energy

production 6 10

Goods production 6 6

Distribution and transportation

of goods 5 6

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 11 12

Singapore

All industries 75 109

Raw materials and energy

production — —

Goods production 33 42

Distribution and transportation

of goods 22 26

Information — —

Finance, insurance, real estate,

and rental and leasing 16 21

Services 17 20

South Africa (including Namibia)

All industries 20 24

Raw materials and energy

production — —

Goods production 12 12

Distribution and transportation

of goods 4 4

Information — —

Finance, insurance, real estate,

and rental and leasing 4 4

Services 4 4

Spain

All industries 110 151

Raw materials and energy

production 3 3

Goods production 60 77

Distribution and transportation

of goods 19 21

Information 4 4

Finance, insurance, real estate,

and rental and leasing 18 22

Services 24 24

Sweden

All industries 49 83

Raw materials and energy

production ** **

Goods production 18 21

Distribution and transportation

of goods 12 19

Information ** **

Finance, insurance, real estate,

and rental and leasing 9 12

Services 19 25

Switzerland

All industries 107 173

Raw materials and energy

production — —

Goods production 35 41

Distribution and transportation

of goods 35 37

Information 5 12

Finance, insurance, real estate,

and rental and leasing 28 38

Services 34 45

United Kingdom (2)

All industries 455 1,291

Raw materials and energy

production 25 54

Goods production 188 274

Distribution and transportation

of goods 84 103

Information 31 71

Finance, insurance, real estate,

and rental and leasing 137 363

Services 223 424

Venezuela

All industries 36 52

Raw materials and energy

production 5 8

Goods production 13 14

Distribution and transportation

of goods 5 5

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 11 15

European Union, total (2)

All industries 721 3,636

Raw materials and energy

production 38 82

Goods production 328 1,059

Distribution and transportation

of goods 179 406

Information 55 153

Finance, insurance, real estate,

and rental and leasing 216 772

Services 428 1,162

European Monetary Union, total

All industries 525 2,214

Raw materials and energy

production 18 26

Goods production 259 748

Distribution and transportation

of goods 133 276

Information 32 76

Finance, insurance, real estate,

and rental and leasing 134 389

Services 314 699

OPEC countries, total

All industries 49 74

Raw materials and energy

production 12 18

Goods production 16 18

Distribution and transportation

of goods 8 8

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 12 16

7,500 largest Controlled

Foreign Corporations

Total assets

Selected country of incorporation

and NAICS industrial sector of Beginning

7,500 largest Controlled Foreign of year End of year

Corporations

(3) (4)

All geographic areas (2)

All industries 3,563,713,908 4,367,374,661

Raw materials and energy

production 210,629,058 249,030,747

Goods production 861,568,486 930,057,315

Distribution and transportation

of goods 235,698,565 263,081,889

Information 114,288,514 165,895,788

Finance, insurance, real estate,

and rental and leasing 1,418,627,626 1,825,708,854

Services 722,822,958 932,952,141

Argentina

All industries 33,290,386 35,853,426

Raw materials and energy

production 8,173,180 7,790,703

Goods production 9,057,679 9,511,248

Distribution and transportation

of goods 3,933,282 3,869,876

Information 3,421,838 4,517,138

Finance, insurance, real estate,

and rental and leasing 4,134,848 4,295,757

Services 4,569,559 5,868,704

Australia

All industries 100,157,050 93,298,119

Raw materials and energy

production 11,230,416 9,326,713

Goods production 19,330,861 17,413,938

Distribution and transportation

of goods 6,656,090 4,516,642

Information 2,088,584 1,807,200

Finance, insurance, real estate,

and rental and leasing 34,191,514 35,172,415

Services 26,659,584 25,061,210

Belgium

All industries 54,614,926 55,946,753

Raw materials and energy

production — —

Goods production 18,428,411 21,777,182

Distribution and transportation

of goods 4,049,208 4,324,958

Information 1,323,263 798,292

Finance, insurance, real estate,

and rental and leasing 20,538,072 21,270,860

Services 10,275,973 7,775,461

Bermuda

All industries 101,547,573 133,882,368

Raw materials and energy

production 11,900,863 11,453,759

Goods production 12,766,183 15,051,305

Distribution and transportation

of goods 7,690,531 8,420,941

Information 1,244,735 2,295,281

Finance, insurance, real estate,

and rental and leasing 59,794,840 83,439,806

Services 8,150,421 13,221,275

Brazil

All industries 103,312,972 117,011,257

Raw materials and energy

production 11,757,255 17,040,485

Goods production 29,191,771 32,656,988

Distribution and transportation

of goods 4,628,973 5,555,736

Information 14,988,423 15,174,199

Finance, insurance, real estate,

and rental and leasing 27,090,497 28,371,972

Services 15,656,054 18,211,878

Canada

All industries 347,157,144 406,902,052

Raw materials and energy

production 36,920,364 54,003,359

Goods production 96,412,108 105,340,569

Distribution and transportation

of goods 27,662,604 33,561,681

Information 7,261,221 9,696,667

Finance, insurance, real estate,

and rental and leasing 131,038,480 146,718,500

Services 47,862,367 57,581,275

Cayman Islands (British) (2)

All industries 123,317,018 198,085,399

Raw materials and energy

production 10,894,963 12,396,371

Goods production 13,534,557 13,640,001

Distribution and transportation

of goods 1,083,070 1,096,792

Information 3,144,495 3,477,464

Finance, insurance, real estate,

and rental and leasing 67,455,318 98,103,337

Services 27,125,913 69,293,137

Chile

All industries 15,894,714 22,155,359

Raw materials and energy

production 3,809,101 6,562,429

Goods production 1,021,709 1,012,860

Distribution and transportation

of goods 1,082,223 1,323,108

Information 1,929,293 2,166,960

Finance, insurance, real estate,

and rental and leasing 4,630,210 7,129,562

Services 3,422,178 3,960,440

France (including Andorra)

All industries 140,130,365 155,128,243

Raw materials and energy

production 755,890 647,038

Goods production 39,354,822 40,539,969

Distribution and transportation

of goods 11,992,211 11,718,051

Information 1,426,454 2,471,420

Finance, insurance, real estate,

and rental and leasing 52,949,401 64,878,437

Services 33,651,588 34,873,329

Germany

All industries 191,446,863 230,933,119

Raw materials and energy

production — —

Goods production 70,173,779 62,590,254

Distribution and transportation

of goods 14,492,538 18,092,877

Information 2,552,249 22,874,532

Finance, insurance, real estate,

and rental and leasing 67,726,979 68,875,569

Services 36,501,318 58,499,887

Hong Kong

All industries 45,433,221 50,962,453

Raw materials and energy

production ** **

Goods production 2,976,766 3,224,945

Distribution and transportation

of goods 5,486,200 6,418,807

Information ** **

Finance, insurance, real estate,

and rental and leasing 27,460,528 31,215,776

Services 4,427,009 5,769,745

Ireland

All industries 81,756,051 108,761,619

Raw materials and energy

production ** **

Goods production 21,354,111 28,112,545

Distribution and transportation

of goods 1,757,730 2,793,920

Information ** **

Finance, insurance, real estate,

and rental and leasing 33,417,840 41,221,281

Services 24,022,920 35,231,074

Italy (including San Marino)

All industries 52,290,161 48,535,848

Raw materials and energy

production ** **

Goods production 26,294,464 23,320,222

Distribution and transportation

of goods 9,140,692 9,205,664

Information ** **

Finance, insurance, real estate,

and rental and leasing 8,078,770 7,634,220

Services 8,231,768 7,840,555

Japan (including Okinawa and

Ryukyu Islands)

All industries 151,797,625 176,228,422

Raw materials and energy

production — —

Goods production 60,173,012 59,015,764

Distribution and transportation

of goods 18,900,914 20,515,373

Information 756,045 833,981

Finance, insurance, real estate,

and rental and leasing 53,425,161 75,013,010

Services 18,542,492 20,850,295

Malaysia

All industries 14,090,472 16,158,198

Raw materials and energy

production — —

Goods production 6,120,056 7,244,368

Distribution and transportation

of goods 693,655 629,012

Information — —

Finance, insurance, real estate,

and rental and leasing 6,619,671 7,472,740

Services 657,090 812,077

Mexico

All industries 76,193,947 88,868,862

Raw materials and energy

production 3,566,945 4,032,461

Goods production 25,240,178 27,974,776

Distribution and transportation

of goods 8,059,813 9,801,049

Information 2,190,226 2,595,420

Finance, insurance, real estate,

and rental and leasing 11,767,946 18,100,622

Services 25,368,838 26,364,534

Netherlands

All industries 359,830,040 415,860,501

Raw materials and energy

production 12,135,588 11,082,839

Goods production 125,288,227 151,039,929

Distribution and transportation

of goods 21,558,576 25,135,391

Information 17,698,207 27,299,894

Finance, insurance, real estate,

and rental and leasing 66,478,197 68,226,251

Services 116,671,246 133,076,197

New Zealand

All industries 14,878,159 17,841,670

Raw materials and energy

production ** **

Goods production 7,779,567 9,125,443

Distribution and transportation

of goods 595,201 860,450

Information ** **

Finance, insurance, real estate,

and rental and leasing 4,003,247 5,649,522

Services 1,669,145 1,357,448

Norway

All industries 10,758,216 11,400,985

Raw materials and energy

production 6,706,256 7,197,823

Goods production 1,119,606 948,509

Distribution and transportation

of goods 1,747,695 1,905,820

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 898,224 743,705

Panama (including Canal Zone)

All industries 7,189,513 6,664,803

Raw materials and energy

production 1,662,239 1,784,653

Goods production 1,293,476 1,133,661

Distribution and transportation

of goods 2,002,897 1,277,678

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 1,939,382 2,068,893

Singapore

All industries 50,814,899 56,639,124

Raw materials and energy

production — —

Goods production 22,347,012 23,622,609

Distribution and transportation

of goods 7,084,627 8,088,600

Information — —

Finance, insurance, real estate,

and rental and leasing 16,223,217 17,685,605

Services 5,160,044 7,242,310

South Africa (including Namibia)

All industries 3,902,213 4,300,996

Raw materials and energy

production — —

Goods production 2,453,127 2,327,792

Distribution and transportation

of goods 379,357 350,815

Information — —

Finance, insurance, real estate,

and rental and leasing 750,273 748,299

Services 319,455 874,089

Spain

All industries 49,457,183 56,365,239

Raw materials and energy

production 6,106,081 1,315,967

Goods production 16,737,301 16,967,393

Distribution and transportation

of goods 2,672,466 2,597,974

Information 881,652 860,523

Finance, insurance, real estate,

and rental and leasing 11,545,938 13,145,549

Services 11,513,746 21,477,832

Sweden

All industries 29,375,786 40,724,559

Raw materials and energy

production

Goods production 13,306,897 12,263,576

Distribution and transportation

of goods 4,287,065 5,860,630

Information ** **

Finance, insurance, real estate,

and rental and leasing 5,256,545 9,643,245

Services 5,612,345 11,805,244

Switzerland

All industries 105,924,701 152,934,150

Raw materials and energy

production — —

Goods production 32,386,781 40,413,407

Distribution and transportation

of goods 14,444,587 14,618,492

Information 737,797 7,622,393

Finance, insurance, real estate,

and rental and leasing 41,126,442 57,129,300

Services 17,229,095 33,150,560

United Kingdom (2)

All industries 955,359,368 1,216,189,536

Raw materials and energy

production 51,282,509 60,986,010

Goods production 109,906,605 110,258,954

Distribution and transportation

of goods 32,369,703 35,404,841

Information 31,700,846 36,880,696

Finance, insurance, real estate,

and rental and leasing 535,712,449 768,491,305

Services 194,387,256 203,598,099

Venezuela

All industries 17,499,215 25,224,057

Raw materials and energy

production 1,209,472 4,429,634

Goods production 3,829,995 4,212,225

Distribution and transportation

of goods 1,043,416 1,847,302

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 2,726,330 4,315,725

European Union, total (2)

All industries 2,000,966,498 2,477,496,892

Raw materials and energy

production 71,254,665 74,978,987

Goods production 457,063,015 489,177,851

Distribution and transportation

of goods 107,182,964 120,387,787

Information 59,520,961 95,784,182

Finance, insurance, real estate,

and rental and leasing 831,208,126 1,099,988,059

Services 474,736,766 596,610,395

European Monetary Union, total

All industries 1,008,837,139 1,207,766,370

Raw materials and energy

production 19,373,999 13,338,967

Goods production 332,212,003 362,721,008

Distribution and transportation

of goods 69,387,618 78,093,556

Information 26,985,315 57,941,873

Finance, insurance, real estate,

and rental and leasing 287,821,000 318,336,673

Services 273,057,204 377,334,293

OPEC countries, total

All industries 22,098,758 32,068,536

Raw materials and energy

production 2,834,673 7,929,046

Goods production 5,681,842 6,265,261

Distribution and transportation

of goods 1,321,739 2,162,075

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 3,012,533 4,315,725

7,500 largest Controlled

Foreign Corporations

Selected country of incorporation Current earnings

and NAICS industrial sector of Total and profits (less

7,500 largest Controlled Foreign receipts deficit) before

Corporations income taxes

(5) (6)

All geographic areas (2)

All industries 2,157,736,289 207,576,012

Raw materials and energy

production 109,464,006 25,618,867

Goods production 1,002,032,315 80,911,319

Distribution and transportation

of goods 475,399,981 16,919,764

Information 49,818,018 1,001,517

Finance, insurance, real estate,

and rental and leasing 212,915,499 35,858,768

Services 307,993,046 47,229,104

Argentina

All industries 20,655,196 684,724

Raw materials and energy

production 3,221,237 616,955

Goods production 7,962,374 28,667

Distribution and transportation

of goods 5,405,324 -77,336

Information 1,968,017 -101,492

Finance, insurance, real estate,

and rental and leasing 1,420,438 190,714

Services 677,806 27,214

Australia

All industries 43,734,765 2,753,538

Raw materials and energy

production 2,221,673 -101,141

Goods production 20,706,565 1,640,651

Distribution and transportation

of goods 9,095,137 126,396

Information 1,690,317 -91,439

Finance, insurance, real estate,

and rental and leasing 4,882,760 703,902

Services 5,138,315 475,169

Belgium

All industries 28,826,424 2,240,993

Raw materials and energy

production — —

Goods production 18,009,737 1,429,913

Distribution and transportation

of goods 6,826,067 188,499

Information 141,677 10,411

Finance, insurance, real estate,

and rental and leasing 2,286,267 338,594

Services 1,562,676 273,576

Bermuda

All industries 44,997,344 8,680,895

Raw materials and energy

production 7,996,116 3,045,214

Goods production 12,355,034 2,628,389

Distribution and transportation

of goods 10,932,182 499,430

Information 93,868 -27,059

Finance, insurance, real estate,

and rental and leasing 10,334,178 2,190,338

Services 3,285,966 344,583

Brazil

All industries 57,718,249 3,373,519

Raw materials and energy

production 8,124,452 803,747

Goods production 25,044,787 1,603,557

Distribution and transportation

of goods 8,730,706 -70,984

Information 6,233,432 5,255

Finance, insurance, real estate,

and rental and leasing 6,167,764 703,746

Services 3,417,108 328,198

Canada

All industries 279,853,599 24,761,314

Raw materials and energy

production 27,281,075 4,668,366

Goods production 153,070,356 9,397,708

Distribution and transportation

of goods 62,286,538 1,947,317

Information 4,104,041 1,804,293

Finance, insurance, real estate,

and rental and leasing 18,853,676 1,856,698

Services 14,257,913 5,086,933

Cayman Islands (British) (2)

All industries 39,442,977 8,865,214

Raw materials and energy

production 3,196,050 1,295,722

Goods production 15,497,079 1,521,721

Distribution and transportation

of goods 583,414 93,340

Information 654,713 -14,410

Finance, insurance, real estate,

and rental and leasing 5,424,632 2,085,611

Services 14,087,090 3,883,635

Chile

All industries 5,732,513 496,892

Raw materials and energy

production 1,635,594 58,449

Goods production 463,853 97,086

Distribution and transportation

of goods 1,127,302 -6,528

Information 657,593 -215,823

Finance, insurance, real estate,

and rental and leasing 1,249,297 244,377

Services 598,873 319,329

France (including Andorra)

All industries 91,434,808 5,446,384

Raw materials and energy

production 339,166 78,594

Goods production 46,857,691 2,415,332

Distribution and transportation

of goods 24,558,584 675,926

Information 904,310 182,318

Finance, insurance, real estate,

and rental and leasing 5,289,406 898,492

Services 13,485,652 1,195,721

Germany

All industries 144,302,277 8,818,477

Raw materials and energy

production — —

Goods production 86,676,651 4,304,017

Distribution and transportation

of goods 28,982,897 556,393

Information 1,811,071 -216,853

Finance, insurance, real estate,

and rental and leasing 11,945,125 1,375,258

Services 14,886,533 2,799,662

Hong Kong

All industries 31,532,804 3,776,290

Raw materials and energy

production ** **

Goods production 6,967,618 436,115

Distribution and transportation

of goods 12,721,661 754,832

Information ** **

Finance, insurance, real estate,

and rental and leasing 6,504,321 1,224,099

Services 3,251,224 675,216

Ireland

All industries 49,367,500 11,769,381

Raw materials and energy

production ** **

Goods production 22,785,221 5,100,269

Distribution and transportation

of goods 5,757,261 716,644

Information ** **

Finance, insurance, real estate,

and rental and leasing 3,266,909 1,100,479

Services 17,316,101 4,733,529

Italy (including San Marino)

All industries 46,972,615 3,029,528

Raw materials and energy

production ** **

Goods production 26,602,461 2,312,324

Distribution and transportation

of goods 13,677,820 636,862

Information ** **

Finance, insurance, real estate,

and rental and leasing 1,049,330 70,421

Services 5,513,910 -11,743

Japan (including Okinawa and

Ryukyu Islands)

All industries 157,628,528 10,245,840

Raw materials and energy

production — —

Goods production 87,866,542 5,461,070

Distribution and transportation

of goods 42,191,172 1,792,163

Information 957,843 -4,121

Finance, insurance, real estate,

and rental and leasing 11,111,869 1,849,780

Services 15,501,102 1,146,948

Malaysia

All industries 10,369,202 1,154,619

Raw materials and energy

production — —

Goods production 8,005,500 864,410

Distribution and transportation

of goods 1,191,755 2,611

Information — —

Finance, insurance, real estate,

and rental and leasing 565,449 201,259

Services 606,498 86,340

Mexico

All industries 85,408,949 6,106,019

Raw materials and energy

production 2,492,655 237,502

Goods production 42,864,000 3,227,770

Distribution and transportation

of goods 16,027,929 1,064,352

Information 1,991,329 -156,432

Finance, insurance, real estate,

and rental and leasing 3,790,937 766,711

Services 18,242,098 966,116

Netherlands

All industries 219,551,136 26,949,429

Raw materials and energy

production 6,310,996 2,485,509

Goods production 99,965,998 14,548,482

Distribution and transportation

of goods 51,194,366 2,357,829

Information 6,064,268 -249,490

Finance, insurance, real estate,

and rental and leasing 11,091,834 2,515,833

Services 44,923,674 5,291,267

New Zealand

All industries 3,869,409 214,343

Raw materials and energy

production ** **

Goods production 1,847,507 116,661

Distribution and transportation

of goods 997,126 -48,953

Information ** **

Finance, insurance, real estate,

and rental and leasing 277 88,754

Services 473,217 109,989

Norway

All industries 12,375,564 3,134,866

Raw materials and energy

production 4,728,252 2,964,621

Goods production 1,298,329 16,919

Distribution and transportation

of goods 5,582,370 120,383

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 665,409 70,549

Panama (including Canal Zone)

All industries 3,514,288 359,732

Raw materials and energy

production 620,500 127,419

Goods production 1,172,743 -20,466

Distribution and transportation

of goods 1,167,356 150,213

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 425,004 48,130

Singapore

All industries 54,784,422 5,269,168

Raw materials and energy

production — —

Goods production 26,743,564 3,347,056

Distribution and transportation

of goods 21,055,753 278,089

Information — —

Finance, insurance, real estate,

and rental and leasing 1,715,406 416,694

Services 5,269,699 1,227,329

South Africa (including Namibia)

All industries 4,423,672 218,359

Raw materials and energy

production — —

Goods production 3,121,662 149,968

Distribution and transportation

of goods 559,626 10,486

Information — —

Finance, insurance, real estate,

and rental and leasing 373,630 67,594

Services 368,754 -9,689

Spain

All industries 36,404,143 3,692,504

Raw materials and energy

production 139,070 -8,693

Goods production 26,125,944 1,107,419

Distribution and transportation

of goods 3,299,989 131,713

Information 149,297 -41,343

Finance, insurance, real estate,

and rental and leasing 2,533,203 297,662

Services 4,156,640 2,205,747

Sweden

All industries 28,823,313 1,742,179

Raw materials and energy

production **

Goods production 18,166,469 296,438

Distribution and transportation

of goods 7,147,683 804,508

Information ** **

Finance, insurance, real estate,

and rental and leasing 901,122 180,174

Services 1,450,348 294,476

Switzerland

All industries 80,220,936 10,980,675

Raw materials and energy —

production —

Goods production 23,337,626 5,228,226

Distribution and transportation

of goods 30,887,719 1,026,515

Information 479,030 -41,419

Finance, insurance, real estate,

and rental and leasing 5,034,371 1,207,991

Services 20,482,190 3,559,362

United Kingdom (2)

All industries 372,709,148 29,696,179

Raw materials and energy

production 29,246,132 7,453,626

Goods production 132,880,802 3,722,586

Distribution and transportation

of goods 60,790,133 1,367,487

Information 9,505,218 -1,136,142

Finance, insurance, real estate,

and rental and leasing 75,068,587 9,958,134

Services 65,104,853 8,293,411

Venezuela

All industries 11,360,157 2,093,079

Raw materials and energy -34,961

production 908,315

Goods production 1,985,454 354,580

Distribution and transportation

of goods 1,716,505 98,197

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 1,225,423 302,196

European Union, total (2)

All industries 1,061,729,977 99,284,001

Raw materials and energy

production 36,890,486 10,215,521

Goods production 491,181,970 36,846,086

Distribution and transportation

of goods 212,137,401 8,016,100

Information 20,871,396 -1,237,157

Finance, insurance, real estate,

and rental and leasing 116,650,293 17,383,341

Services 183,885,007 28,023,032

European Monetary Union, total

All industries 654,650,601 66,834,140

Raw materials and energy

production 6,906,372 2,557,419

Goods production 338,644,799 32,500,332

Distribution and transportation

of goods 142,358,932 5,778,682

Information 10,641,290 -245,538

Finance, insurance, real estate,

and rental and leasing 39,813,095 7,082,419

Services 116,286,113 19,160,827

OPEC countries, total

All industries 14,531,589 2,234,528

Raw materials and energy

production 2,188,194 -241,097

Goods production 2,826,355 569,205

Distribution and transportation

of goods 2,486,827 126,544

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 1,290,072 334,411

7,500 largest Controlled

Foreign Corporations

Selected country of incorporation Current earnings

and NAICS industrial sector of and profits (less

7,500 largest Controlled Foreign Income taxes deficit) after

Corporations income taxes

(7) (8)

All geographic areas (2)

All industries 43,143,111 164,432,900

Raw materials and energy

production 7,903,885 17,714,982

Goods production 17,212,236 63,699,083

Distribution and transportation

of goods 4,447,881 12,471,883

Information 1,021,597 -20,081

Finance, insurance, real estate,

and rental and leasing 6,541,456 29,317,313

Services 6,015,238 41,213,866

Argentina

All industries 472,193 212,531

Raw materials and energy

production 191,853 425,103

Goods production 136,129 -107,462

Distribution and transportation

of goods 42,379 -119,715

Information 36,529 -138,021

Finance, insurance, real estate,

and rental and leasing 48,982 141,732

Services 16,321 10,894

Australia

All industries 865,364 1,888,174

Raw materials and energy

production 35,196 -136,337

Goods production 621,422 1,019,229

Distribution and transportation

of goods 78,680 47,716

Information 22,018 -113,457

Finance, insurance, real estate,

and rental and leasing 161,290 542,612

Services -53,243 528,411

Belgium

All industries 460,376 1,780,618

Raw materials and energy

production — —

Goods production 301,523 1,128,390

Distribution and transportation

of goods 60,030 128,468

Information 261 10,150

Finance, insurance, real estate,

and rental and leasing 68,901 269,694

Services 29,660 243,916

Bermuda

All industries 1,130,853 7,550,042

Raw materials and energy

production 966,450 2,078,764

Goods production 57,469 2,570,920

Distribution and transportation

of goods 34,562 464,869

Information 70 -27,129

Finance, insurance, real estate,

and rental and leasing 51,059 2,139,279

Services 21,244 323,339

Brazil

All industries 868,333 2,505,186

Raw materials and energy

production 67,139 736,608

Goods production 401,023 1,202,534

Distribution and transportation

of goods 19,968 -90,953

Information 118,467 -113,212

Finance, insurance, real estate,

and rental and leasing 227,435 476,311

Services 34,300 293,898

Canada

All industries 5,889,372 18,871,942

Raw materials and energy

production 871,171 3,797,195

Goods production 3,178,568 6,219,140

Distribution and transportation

of goods 725,709 1,221,609

Information 13,052 1,791,240

Finance, insurance, real estate,

and rental and leasing 567,188 1,289,510

Services 533,685 4,553,248

Cayman Islands (British) (2)

All industries 793,659 8,071,555

Raw materials and energy

production 260,179 1,035,543

Goods production 119,477 1,402,243

Distribution and transportation

of goods 4,761 88,579

Information 15,067 -29,477

Finance, insurance, real estate,

and rental and leasing 139,099 1,946,512

Services 255,075 3,628,560

Chile

All industries 215,920 280,971

Raw materials and energy

production 5,792 52,657

Goods production 4,165 92,922

Distribution and transportation

of goods 4,922 -11,450

Information 2,388 -218,210

Finance, insurance, real estate,

and rental and leasing 20,238 224,139

Services 178,416 140,914

France (including Andorra)

All industries 1,679,111 3,767,273

Raw materials and energy

production 5,992 72,603

Goods production 773,587 1,641,745

Distribution and transportation

of goods 343,393 332,533

Information 6,909 175,409

Finance, insurance, real estate,

and rental and leasing 212,112 686,380

Services 337,116 858,604

Germany

All industries 2,267,320 6,551,157

Raw materials and energy

production — —

Goods production 1,178,707 3,125,309

Distribution and transportation

of goods 227,208 329,185

Information 119,450 -336,302

Finance, insurance, real estate,

and rental and leasing 426,611 948,647

Services 315,344 2,484,318

Hong Kong

All industries 455,681 3,320,609

Raw materials and energy

production ** **

Goods production 58,230 377,885

Distribution and transportation

of goods 74,016 680,816

Information ** **

Finance, insurance, real estate,

and rental and leasing 209,033 1,015,066

Services 27,098 648,117

Ireland

All industries 1,103,071 10,666,309

Raw materials and energy

production ** **

Goods production 489,631 4,610,638

Distribution and transportation

of goods 32,418 684,226

Information ** **

Finance, insurance, real estate,

and rental and leasing 170,107 930,372

Services 391,854 4,341,675

Italy (including San Marino)

All industries 1,169,261 1,860,267

Raw materials and energy

production ** **

Goods production 767,872 1,544,452

Distribution and transportation

of goods 269,405 367,457

Information ** **

Finance, insurance, real estate,

and rental and leasing 39,695 30,726

Services 92,212 -103,955

Japan (including Okinawa and

Ryukyu Islands)

All industries 4,358,306 5,887,534

Raw materials and energy

production — —

Goods production 2,536,885 2,924,185

Distribution and transportation

of goods 826,094 966,070

Information 23,228 -27,349

Finance, insurance, real estate,

and rental and leasing 532,968 1,316,812

Services 439,131 707,817

Malaysia

All industries 133,471 1,021,148

Raw materials and energy

production — —

Goods production 52,827 811,583

Distribution and transportation

of goods 6,547 -3,936

Information — —

Finance, insurance, real estate,

and rental and leasing 67,465 133,794

Services 6,632 79,708

Mexico

All industries 1,551,218 4,554,801

Raw materials and energy

production 25,439 212,063

Goods production 804,835 2,422,935

Distribution and transportation

of goods 326,554 737,798

Information 4,442 -160,874

Finance, insurance, real estate,

and rental and leasing 154,060 612,650

Services 235,888 730,228

Netherlands

All industries 4,381,520 22,567,909

Raw materials and energy

production 931,392 1,554,116

Goods production 2,094,390 12,454,091

Distribution and transportation

of goods 117,642 2,240,186

Information 224,499 -473,989

Finance, insurance, real estate,

and rental and leasing 433,515 2,082,318

Services 580,080 4,711,187

New Zealand

All industries 43,422 170,921

Raw materials and energy

production ** **

Goods production 13,943 102,718

Distribution and transportation

of goods 8,364 -57,317

Information ** **

Finance, insurance, real estate,

and rental and leasing 19,290 69,464

Services 1,825 108,165

Norway

All industries 1,927,123 1,207,743

Raw materials and energy

production 1,857,531 1,107,090

Goods production 14,530 2,389

Distribution and transportation

of goods 43,048 77,335

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 11,816 58,734

Panama (including Canal Zone)

All industries 50,483 309,249

Raw materials and energy

production 18,260 109,160

Goods production 1,814 -22,280

Distribution and transportation

of goods 12,616 137,597

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 4,365 43,766

Singapore

All industries 440,705 4,828,464

Raw materials and energy

production — —

Goods production 197,394 3,149,662

Distribution and transportation

of goods 45,218 232,871

Information — —

Finance, insurance, real estate,

and rental and leasing 74,412 342,282

Services 123,680 1,103,649

South Africa (including

Namibia)

All industries 68,367 149,992

Raw materials and energy

production — —

Goods production 40,655 109,313

Distribution and transportation

of goods 8,013 2,472

Information — —

Finance, insurance, real estate,

and rental and leasing 19,535 48,060

Services 164 -9,853

Spain

All industries 1,298,161 2,394,343

Raw materials and energy

production — -8,693

Goods production 320,044 787,375

Distribution and transportation

of goods 12,567 119,146

Information 2,049 -43,392

Finance, insurance, real estate,

and rental and leasing 41,215 256,447

Services 922,286 1,283,461

Sweden

All industries 232,509 1,509,670

Raw materials and energy

production ** **

Goods production 82,283 214,156

Distribution and transportation

of goods 102,175 702,333

Information ** **

Finance, insurance, real estate,

and rental and leasing 24,119 156,055

Services 15,783 278,693

Switzerland

All industries 939,668 10,041,007

Raw materials and energy — —

production

Goods production 368,678 4,859,548

Distribution and transportation

of goods 132,321 894,193

Information 21 -41440

Finance, insurance, real estate,

and rental and leasing 245,696 962,295

Services 192,952 3,366,411

United Kingdom (2)

All industries 6,917,785 22,778,394

Raw materials and energy

production 2,210,102 5,243,524

Goods production 1,356,043 2,366,543

Distribution and transportation

of goods 509,636 857,851

Information 127,143 -1,263,285

Finance, insurance, real estate,

and rental and leasing 1,923,783 8,034,352

Services 790,261 7,503,151

Venezuela

All industries 321,831 1,771,248

Raw materials and energy 23,029 -57,990

production

Goods production 12,887 341,693

Distribution and transportation

of goods 23,395 74,802

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 25,796 276,401

European Union, total (2)

All industries 20,364,575 78,919,426

Raw materials and energy

production 3,159,246 7,056,275

Goods production 7,683,771 29,162,315

Distribution and transportation

of goods 1,748,975 6,267,125

Information 545,489 -1,782,645

Finance, insurance, real estate,

and rental and leasing 3,422,432 13,960,909

Services 3,803,844 24,219,189

European Monetary Union, total

All industries 13,079,095 53,755,045

Raw materials and energy

production 940,994 1,616,424

Goods production 6,156,318 26,344,014

Distribution and transportation

of goods 1,131,642 4,647,040

Information 416,802 -662,340

Finance, insurance, real estate,

and rental and leasing 1,451,211 5,631,207

Services 2,982,128 16,178,700

OPEC countries, total

All industries 424,671 1,809,856

Raw materials and energy

production 85,177 -326,274

Goods production 12,887 556,318

Distribution and transportation

of goods 29,992 96,552

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 43,267 291,143

7,500 largest Controlled

Foreign Corporations

Selected country of incorporation Dividends paid

and NAICS industrial sector of Distributions to control

7,500 largest Controlled Foreign out of earnings ling U.S.

Corporations and profits corporation

(9) (10)

All geographic areas (2)

All industries 94,882,197 31,917,740

Raw materials and energy

production 12,635,223 5,019,537

Goods production 32,155,917 14,296,179

Distribution and transportation

of goods 8,899,016 2,604,333

Information 2,036,185 547,306

Finance, insurance, real estate,

and rental and leasing 14,663,822 2,391,254

Services 24,486,595 7,059,131

Argentina

All industries 828,129 220,225

Raw materials and energy

production 323,253 10,973

Goods production 313,471 159,861

Distribution and transportation

of goods 129,815 20,000

Information — —

Finance, insurance, real estate,

and rental and leasing 26,300 25,805

Services 35,291 3,586

Australia

All industries 1,638,035 635,101

Raw materials and energy

production 38,157 —

Goods production 776,171 354,074

Distribution and transportation

of goods 120,086 48,148

Information 48,089 36,020

Finance, insurance, real estate,

and rental and leasing 323,226 36,783

Services 332,307 160,076

Belgium

All industries 1,491,405 840,288

Raw materials and energy

production — —

Goods production 1,077,384 780,441

Distribution and transportation

of goods 178,782 51,999

Information 29,329 —

Finance, insurance, real estate,

and rental and leasing 124,766 2,422

Services 81,143 5,426

Bermuda

All industries 4,428,756 2,163,249

Raw materials and energy

production 2,072,966 1,709,355

Goods production 742,321 386,964

Distribution and transportation

of goods 101,967 35,136

Information — —

Finance, insurance, real estate,

and rental and leasing 1,347,091 31,794

Services 164,411 —

Brazil

All industries 1,899,443 632,539

Raw materials and energy

production 418,008 32,230

Goods production 835,605 506,040

Distribution and transportation

of goods 48,523 41,696

Information 156,697 —

Finance, insurance, real estate,

and rental and leasing 220,940 2,861

Services 219,672 49,712

Canada

All industries 8,444,142 3,148,177

Raw materials and energy

production 2,414,692 375,939

Goods production 2,432,817 1,328,752

Distribution and transportation

of goods 676,541 238,808

Information 503,599 9,492

Finance, insurance, real estate,

and rental and leasing 503,634 188,534

Services 1,912,858 1,006,653

Cayman Islands (British) (2)

All industries 4,308,883 1,479,207

Raw materials and energy

production 347,854 22,824

Goods production 1,644,414 1,429,566

Distribution and transportation

of goods 52,292 —

Information 297 —

Finance, insurance, real estate,

and rental and leasing 873,253 19,482

Services 1,390,773 7,334

Chile

All industries 290,953 67,105

Raw materials and energy

production 26,965 7,894

Goods production 30,451 26,265

Distribution and transportation

of goods — —

Information 11,543 10,817

Finance, insurance, real estate,

and rental and leasing 209,114 16,106

Services 12,881 6,023

France (including Andorra)

All industries 3,001,201 977,377

Raw materials and energy

production 38,132 —

Goods production 1,359,845 444,261

Distribution and transportation

of goods 448,727 276,024

Information 19,466 —

Finance, insurance, real estate,

and rental and leasing 332,262 54,980

Services 802,768 202,113

Germany

All industries 8,849,513 3,138,030

Raw materials and energy

production — —

Goods production 4,886,762 2,285,292

Distribution and transportation

of goods 637,995 258,983

Information 167,175 34,063

Finance, insurance, real estate,

and rental and leasing 843,508 202,664

Services 2,314,073 357,027

Hong Kong

All industries 2,408,293 762,012

Raw materials and energy

production ** **

Goods production 109,385 35,039

Distribution and transportation

of goods 491,463 37,518

Information ** **

Finance, insurance, real estate,

and rental and leasing 533,221 179,155

Services 887,998 510,300

Ireland

All industries 1,709,672 283,866

Raw materials and energy

production ** **

Goods production 578,283 247,028

Distribution and transportation

of goods 27,476 182

Information ** **

Finance, insurance, real estate,

and rental and leasing 237,127 –

Services 810,785 36,655

Italy (including San Marino)

All industries 1,362,497 425,968

Raw materials and energy

production ** **

Goods production 698,469 164,665

Distribution and transportation

of goods 151,359 2,833

Information ** **

Finance, insurance, real estate,

and rental and leasing 79,785 43,131

Services 432,886 215,339

Japan (including Okinawa and

Ryukyu Islands)

All industries 7,501,342 5,239,223

Raw materials and energy

production — —

Goods production 4,971,866 3,936,198

Distribution and transportation

of goods 699,681 361,078

Information 27,597 19,043

Finance, insurance, real estate,

and rental and leasing 1,252,421 796,698

Services 549,777 126,206

Malaysia

All industries 282,304 106,144

Raw materials and energy

production — —

Goods production 183,314 104,315

Distribution and transportation

of goods — —

Information — —

Finance, insurance, real estate,

and rental and leasing 98,990 1,829

Services — —

Mexico

All industries 1,569,144 619,620

Raw materials and energy

production 3,173 —

Goods production 759,917 421,050

Distribution and transportation

of goods 156,352 40,920

Information — —

Finance, insurance, real estate,

and rental and leasing 146,147 28,077

Services 503,556 129,573

Netherlands

All industries 10,687,320 1,477,287

Raw materials and energy

production 1,226,047 272,071

Goods production 3,302,960 286,962

Distribution and transportation

of goods 1,840,750 96,046

Information 46,044 —

Finance, insurance, real estate,

and rental and leasing 849,705 26,274

Services 3,421,813 795,933

New Zealand

All industries 292,302 118,596

Raw materials and energy

production ** **

Goods production 162,735 23,104

Distribution and transportation

of goods 6,561 6,554

Information ** **

Finance, insurance, real estate,

and rental and leasing 35,272 —

Services 87,734 88,938

Norway

All industries 1,035,740 971,357

Raw materials and energy

production 1,019,616 967,618

Goods production — —

Distribution and transportation

of goods 9,678 3,739

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 6,446 —

Panama (including Canal Zone)

All industries 474,733 165,957

Raw materials and energy

production 75,971 —

Goods production 13,457 —

Distribution and transportation

of goods 371,256 165,957

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 11,049 —

Singapore

All industries 1,007,024 71,394

Raw materials and energy

production — —

Goods production 498,556 59,551

Distribution and transportation

of goods 82,667 11,432

Information — —

Finance, insurance, real estate,

and rental and leasing 331,335 411

Services 94,467 —

South Africa (including

Namibia)

All industries 44,250 16,592

Raw materials and energy

production — —

Goods production 24,768 6,802

Distribution and transportation

of goods 9,848 4,018

Information — —

Finance, insurance, real estate,

and rental and leasing 3,817 —

Services 5,817 5,773

Spain

All industries 1,212,494 712,169

Raw materials and energy

production — —

Goods production 514,760 129,496

Distribution and transportation

of goods 150,079 115,512

Information — —

Finance, insurance, real estate,

and rental and leasing 1,434 —

Services 546,222 467,161

Sweden

All industries 949,923 369,266

Raw materials and energy

production ** **

Goods production 87,542 561

Distribution and transportation

of goods 555,597 166,914

Information ** **

Finance, insurance, real estate,

and rental and leasing 3,136 42

Services 278,447 201,749

Switzerland

All industries 2,899,002 448,458

Raw materials and energy — —

production

Goods production 971,627 36,515

Distribution and transportation

of goods 796,169 110,037

Information — —

Finance, insurance, real estate,

and rental and leasing 157,990 95,195

Services 973,216 206,712

United Kingdom (2)

All industries 17,678,437 4,387,910

Raw materials and energy

production 3,655,143 1,287,195

Goods production 2,720,294 302,336

Distribution and transportation

of goods 271,121 50,788

Information 209,830 68,841

Finance, insurance, real estate,

and rental and leasing 4,441,328 455,985

Services 6,375,281 2,222,764

Venezuela

All industries 520,114 103,226

Raw materials and energy 473 —

production

Goods production 34,181 31,600

Distribution and transportation

of goods 29,528 27,843

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 82,149 36,009

European Union, total (2)

All industries 50,051,294 13,088,869

Raw materials and energy

production 4,919,606 1,559,550

Goods production 15,857,974 4,658,099

Distribution and transportation

of goods 4,782,624 1,244,089

Information 553,046 102,904

Finance, insurance, real estate,

and rental and leasing 7,153,681 869,867

Services 16,778,922 4,654,361

European Monetary Union, total

All industries 30,780,836 8,247,772

Raw materials and energy

production 1,264,179 272,071

Goods production 12,987,306 4,346,506

Distribution and transportation

of goods 3,777,463 1,026,387

Information 318,014 34,063

Finance, insurance, real estate,

and rental and leasing 2,529,951 338,897

Services 9,903,923 2,229,847

OPEC countries, total

All industries 633,246 159,237

Raw materials and energy

production 43,100 35,800

Goods production 59,934 31,600

Distribution and transportation

of goods 49,397 34,255

Information ** **

Finance, insurance, real estate,

and rental and leasing ** **

Services 82,149 36,009

7,500 largest Controlled

Foreign Corporations

Selected country of incorporation

and NAICS industrial sector of Total Subpart F

7,500 largest Controlled Foreign income

Corporations

(11)

All geographic areas (2)

All industries 29,372,318

Raw materials and energy

production 843,985

Goods production 7,991,909

Distribution and transportation

of goods 3,744,631

Information 412,567

Finance, insurance, real estate,

and rental and leasing 8,319,134

Services 8,047,648

Argentina

All industries 43,404

Raw materials and energy

production 10,857

Goods production 13,531

Distribution and transportation

of goods 15,318

Information —

Finance, insurance, real estate,

and rental and leasing 3,530

Services 167

Australia

All industries 264,280

Raw materials and energy

production 17,701

Goods production 24,116

Distribution and transportation

of goods 16,092

Information —

Finance, insurance, real estate,

and rental and leasing 144,416

Services 61,956

Belgium

All industries 686,613

Raw materials and energy

production —

Goods production 340,153

Distribution and transportation

of goods 11,239

Information 7,416

Finance, insurance, real estate,

and rental and leasing 253,572

Services 74,233

Bermuda

All industries 2,530,923

Raw materials and energy

production 177,985

Goods production 737,941

Distribution and transportation

of goods 135,230

Information 561

Finance, insurance, real estate,

and rental and leasing 1,340,155

Services 139,050

Brazil

All industries 560,508

Raw materials and energy

production 17,081

Goods production 252,036

Distribution and transportation

of goods —

Information 30,144

Finance, insurance, real estate,

and rental and leasing 139,945

Services 121,301

Canada

All industries 1,694,095

Raw materials and energy

production 58,099

Goods production 1,078,716

Distribution and transportation

of goods 136,346

Information 28,985

Finance, insurance, real estate,

and rental and leasing 163,366

Services 228,583

Cayman Islands (British) (2)

All industries 2,170,110

Raw materials and energy

production 179,219

Goods production 210,241

Distribution and transportation

of goods 48,927

Information 3,318

Finance, insurance, real estate,

and rental and leasing 1,226,238

Services 502,166

Chile

All industries 231,409

Raw materials and energy

production 1,622

Goods production 6,900

Distribution and transportation

of goods 3,281

Information —

Finance, insurance, real estate,

and rental and leasing 19,707

Services 199,898

France (including Andorra)

All industries 802,157

Raw materials and energy

production 827

Goods production 357,847

Distribution and transportation

of goods 123,181

Information 122,246

Finance, insurance, real estate,

and rental and leasing 54,205

Services 143,852

Germany

All industries 568,428

Raw materials and energy

production —

Goods production 175,193

Distribution and transportation

of goods 75,539

Information 10,076

Finance, insurance, real estate,

and rental and leasing 167,248

Services 140,372

Hong Kong

All industries 781,017

Raw materials and energy

production **

Goods production 124,123

Distribution and transportation

of goods 378,587

Information **

Finance, insurance, real estate,

and rental and leasing 149,042

Services 24,191

Ireland

All industries 2,229,578

Raw materials and energy

production **

Goods production 405,007

Distribution and transportation

of goods 57,485

Information **

Finance, insurance, real estate,

and rental and leasing 542,511

Services 1,174

Italy (including San Marino)

All industries 347,990

Raw materials and energy

production **

Goods production 75,861

Distribution and transportation

of goods 175,024

Information **

Finance, insurance, real estate,

and rental and leasing 34,134

Services 62,972

Japan (including Okinawa and

Ryukyu Islands)

All industries 442,448

Raw materials and energy

production —

Goods production 292,742

Distribution and transportation

of goods 133,311

Information —

Finance, insurance, real estate,

and rental and leasing 5,750

Services 10,645

Malaysia

All industries 76,551

Raw materials and energy

production —

Goods production 70,270

Distribution and transportation

of goods 592

Information —

Finance, insurance, real estate,

and rental and leasing 5,004

Services 684

Mexico

All industries 269,624

Raw materials and energy

production 1,503

Goods production 124,252

Distribution and transportation

of goods 58,698

Information —

Finance, insurance, real estate,

and rental and leasing 47,060

Services 38,110

Netherlands

All industries 4,596,741

Raw materials and energy

production 93,785

Goods production 1,260,963

Distribution and transportation

of goods 932,813

Information 18,985

Finance, insurance, real estate,

and rental and leasing 731,180

Services 1,559,014

New Zealand

All industries 79,930

Raw materials and energy

production **

Goods production 6,601

Distribution and transportation

of goods 12,797

Information **

Finance, insurance, real estate,

and rental and leasing 54,622

Services 5,909

Norway

All industries 41,951

Raw materials and energy

production 15,786

Goods production 384

Distribution and transportation

of goods 15,989

Information **

Finance, insurance, real estate,

and rental and leasing **

Services 3,411

Panama (including Canal Zone)

All industries 124,538

Raw materials and energy

production 3,741

Goods production 6,399

Distribution and transportation

of goods 81,053

Information **

Finance, insurance, real estate,

and rental and leasing **

Services 28,136

Singapore

All industries 1,087,805

Raw materials and energy

production —

Goods production 534,855

Distribution and transportation

of goods 86,041

Information —

Finance, insurance, real estate,

and rental and leasing 36,683

Services 430,226

South Africa (including

Namibia)

All industries 27,298

Raw materials and energy

production —

Goods production 26,408

Distribution and transportation

of goods —

Information —

Finance, insurance, real estate,

and rental and leasing 890

Services —

Spain

All industries 174,749

Raw materials and energy

production —

Goods production 124,408

Distribution and transportation

of goods 8,267

Information —

Finance, insurance, real estate,

and rental and leasing 405

Services 41,668

Sweden

All industries 272,300

Raw materials and energy

production **

Goods production 4,317

Distribution and transportation

of goods 253,300

Information **

Finance, insurance, real estate,

and rental and leasing 10,781

Services 3,901

Switzerland

All industries 3,077,340

Raw materials and energy —

production

Goods production 710,061

Distribution and transportation

of goods 445,728

Information 2,176

Finance, insurance, real estate,

and rental and leasing 207,671

Services 1,711,704

United Kingdom (2)

All industries 3,348,790

Raw materials and energy

production 131,766

Goods production 509,484

Distribution and transportation

of goods 128,169

Information 13,645

Finance, insurance, real estate,

and rental and leasing 1,977,552

Services 575,730

Venezuela

All industries 46,056

Raw materials and energy 3,098

production

Goods production 2,798

Distribution and transportation

of goods 1,686

Information **

Finance, insurance, real estate,

and rental and leasing **

Services 10,503

European Union, total (2)

All industries 14,197,579

Raw materials and energy

production 226,378

Goods production 3,461,349

Distribution and transportation

of goods 1,905,953

Information 223,219

Finance, insurance, real estate,

and rental and leasing 3,961,117

Services 4,407,120

European Monetary Union, total

All industries 10,259,052

Raw materials and energy

production 94,612

Goods production 2,913,212

Distribution and transportation

of goods 1,522,642

Information 209,574

Finance, insurance, real estate,

and rental and leasing 1,849,510

Services 3,669,502

OPEC countries, total

All industries 50,218

Raw materials and energy

production 4,391

Goods production 3,548

Distribution and transportation

of goods 3,804

Information **

Finance, insurance, real estate,

and rental and leasing **

Services 10,503

** Not shown to avoid disclosure of information on specific

corporations. However, the data are included in the appropriate

totals.

(1) Number of returns is not additive because some U.S. corporations

had Controlled Foreign Corporations in more than one industrial

sector. The industrial activity of the parent corporation filing

the return often differs from that of the Controlled Foreign

Corporations.

(2) Includes “Nature of business not allocable,” not shown

separately.

NOTE: Detail may not add to totals because of rounding and because

data are shown for selected countries only.

Figure A

U.S. Corporations with Total Assets of $500 Million or More and

Their 7,500 Largest Controlled Foreign Corporations: Number,

End-of-Year Assets, Receipts, and Earnings and Profits, by North

American Industry Classification System (NAICS) Industrial Sector

of Controlled Foreign Corporation, Tax Year 2000

Number of foreign corporations

7,500

Raw materials and energy production 5.8%

Goods production 29.3%

Distribution and transportation of goods 12.2%

Information 4.0%

Finance, insurance, real estate, and rental and leasing 22.8%

Services 25.9%

Note: Table made from pie chart.

Total receipts

$2,158 Billion

Raw materials and energy production 5.1%

Goods production 46.4%

Distribution and transportation of goods 22.0%

Information 2.3%

Finance, insurance, real estate, and rental and leasing 9.9%

Services 14.3%

Note: Table made from pie chart.

End-of-year assets

$4,367 Billion

Raw materials and energy production 5.7%

Goods production 21.3%

Distribution and transportation of goods 6.0%

Information 3.8%

Finance, insurance, real estate, and rental and leasing 41.8%

Services 21.4%

Note: Table made from pie chart.

Earnings and profits (1)

$208 Billion

Raw materials and energy production 12.3%

Goods production 39.0%

Distribution and transportation of goods 8.2%

Information 0.5%

Finance, insurance, real estate, and rental and leasing 17.3%

Services 22.8%

Note: Table made from pie chart.

(1) Less deficits and before income taxes.

NOTES: Includes “Nature of business not allocable,” not shown

separately. Detail may not add to 100 percent because

of rounding.

Figure B

U.S. Corporations with Total Assets of $500 Million or More and Their

7,500 Largest Controlled Foreign Corporations: Number and Receipts

by Selected North American Industry Classification System (NAICS)

Industrial Sector of Controlled Foreign Corporation, Tax Years

1998 and 2000

[Money amounts are in thousands of dollars

Industrial sector of

7,500 largest Number of

Controlled Foreign foreign

Corporations corporations Total receipts

1998 2000 1998 2000

(1) (2) (3) (4)

All industries (1) 7,500 7,500 1,749,516,820 2,157,736,289

Raw materials and

energy production 405 435 71,311,519 109,464,006

Goods production 2,477 2,197 923,232,646 1,002,032,315

Distribution and

transportation of

goods 1,001 915 355,151,932 475,399,981

Information 216 298 32,507,167 49,818,018

Finance, insurance,

real estate, and

rental and leasing 1,612 1,713 185,490,963 212,915,499

Services 1,770 1,939 180,629,840 307,993,046

(1) Includes “Nature of business not allocable,” not shown

separately.

Figure C

U.S. Corporations with Total Assets of $500 Million or More and

Their 7,500 Largest Controlled Foreign Corporations: Number,

End-of-Year Assets, Receipts, and Earnings and Profits, by Major

Geographic Region of Incorporation of Controlled Foreign

Corporation, Tax Year 2000

Number of foreign corporations

7,500

Europe 52.7%

Africa 1.0%

Asia 11.1%

Oceania 4.3%

Puerto Rico and U.S. Possessions 0.6%

Canada 9.4%

Latin America 16.5%

Other Western Hemisphere 4.3%

Note: Table made from pie chart.

Total receipts

$2,158 Billion

Europe 54.3%

Africa 0.5%

Asia 15.0%

Oceania 2.3%

Puerto Rico and U.S. Possessions 0.4%

Canada 13.0%

Latin America 10.9%

Other Western Hemisphere 3.6%

Note: Table made from pie chart.

End-of-year assets

$4,367 Billion

Europe 61.2%

Africa 0.4%

Asia 9.0%

Oceania 2.6%

Puerto Rico and U.S. Possessions 0.5%

Canada 9.3%

Latin America 12.0%

Other Western Hemisphere 5.1%

Note: Table made from pie chart.

Earnings and profits (1)

$208 Billion

Europe 55.4%

Africa 0.3%

Asia 12.9%

Oceania 1.5%

Puerto Rico and U.S. Possessions 0.8%

Canada 11.9%

Latin America 11.1%

Other Western Hemisphere 6.0%

Note: Table made from pie chart.

(1) Less deficits and before income taxes.

NOTES: Detail may not add to 100 percent because of rounding.

Figure D

U.S. Corporations with Total Assets of $500 Million or More

and Their 7,500 Largest Controlled Foreign Corporations:

Number and Receipts by Selected Country of Incorporation of

Controlled Foreign Corporation, Tax Years 1996, 1998, and 2000

[Money amounts are in millions of dollars]

Number of foreign

corporations

Selected country 1996 1998 2000

(1) (20) (3)

All countries 7,500 7,500 7,500

Argentina 122 133 148

Australia 332 294 273

Austria 37 37 26

Bahamas 40 55 63

Belgium 206 171 141

Bermuda 163 164 181

Brazil 241 260 252

Canada 685 682 708

Cayman Islands (British) 128 216 283

Chile 69 69 70

China 55 62 60

Colombia 31 30 30

Czech Republic 14 20 19

Denmark 38 39 48

Finland 22 18 20

France (including Andorra) 521 479 410

Germany 535 516 431

Greece 22 14 6

Hong Kong 155 127 111

India 27 30 32

Indonesia 24 11 8

Ireland 135 157 176

Israel 15 22 33

Italy (including San Marino) 295 242 197

Japan (including Okinawa and

Ryukyu Islands) 266 236 248

Liberia 22 18 16

Luxembourg 34 51 73

Malaysia 56 45 40

Mexico 201 244 271

Netherlands 462 523 554

Netherlands Antilles 46 26 27

New Zealand 61 40 38

Nigeria 9 8 9

Norway 36 45 30

Panama (including Canal Zone) 40 34 37

Peru 14 20 19

Philippines 30 32 35

Poland 20 32 33

Portugal 47 39 29

Puerto Rico 31 37 42

Russia ** 17 10

Singapore 114 111 109

South Africa (including

Namibia) 27 32 24

South Korea, Republic of 52 41 62

Spain 203 177 151

Sweden 81 72 83

Switzerland 157 147 173

Taiwan 48 41 43

Thailand 51 40 37

Turkey 27 26 18

United Kingdom 1,200 1,255 1,291

Uruguay 17 12 11

Venezuela 43 47 52

Total receipts

Selected country 1996 1998 2000

(4) (5) (6)

All countries 1,676,659 1,749,517 2,157,736

Argentina 16,199 19,911 20,655

Australia 47,187 44,912 43,735

Austria 9,346 8,308 9,237

Bahamas 4,274 5,040 14,437

Belgium 33,721 29,869 28,826

Bermuda 16,949 18,554 44,997

Brazil 54,114 63,246 57,718

Canada 195,744 209,536 279,854

Cayman Islands (British) 15,505 25,315 39,443

Chile 5,262 5,628 5,733

China 5,259 7,595 14,046

Colombia 4,222 4,081 3,359

Czech Republic 1,824 1,249 1,874

Denmark 4,603 4,355 5,547

Finland 2,649 3,029 3,850

France (including Andorra) 108,632 100,922 91,435

Germany 184,869 172,700 144,302

Greece 2,638 1,411 705

Hong Kong 34,920 28,162 31,533

India 2,159 1,998 3,382

Indonesia 1,268 462 965

Ireland 19,338 30,729 49,368

Israel 2,699 3,776 7,021

Italy (including San Marino) 61,410 58,879 46,973

Japan (including Okinawa and

Ryukyu Islands) 103,660 100,278 157,629

Liberia 3,615 3,561 2,194

Luxembourg 4,051 7,314 19,018

Malaysia 12,250 9,709 10,369

Mexico 41,564 51,502 85,409

Netherlands 117,047 168,177 219,551

Netherlands Antilles 909 901 931

New Zealand 6,074 4,782 3,869

Nigeria 1,998 1,289 875

Norway 8,045 9,077 12,376

Panama (including Canal Zone) 5,554 4,023 3,514

Peru 1,444 2,082 1,499

Philippines 3,364 3,598 5,151

Poland 2,565 4,669 4,271

Portugal 5,436 5,476 4,982

Puerto Rico 3,104 5,276 8,910

Russia ** 1,321 1,560

Singapore 39,656 43,336 54,784

South Africa (including

Namibia) 3,472 4,278 4,424

South Korea, Republic of 10,795 5,644 14,948

Spain 38,921 38,256 36,404

Sweden 14,414 15,701 28,823

Switzerland 39,974 49,535 80,221

Taiwan 11,712 11,880 15,049

Thailand 8,944 4,550 8,026

Turkey 5,783 6,712 5,208

United Kingdom 310,606 301,366 372,709

Uruguay 456 363 599

Venezuela 5,214 8,951 11,360

** Not shown to avoid disclosure of information

on specific corporations

Figure E

U.S. Corporations with Total Assets of $500 Million or More and Their

7,500 Largest Controlled Foreign Corporations: Number of Foreign

Corporations with Positive Current Earnings and Profits Net of Current

Year Subpart F Income and Taxable Payout Ratios by Selected North

American Industry Classification System (NAICS) Industrial Sector of

Controlled Foreign Corporation, Tax Years 1998 and 2000

Number of

foreign

corporations

with positive

current

earnings and

profits net Taxable

of current payout ratio

year Subpart (percentage)

F income

Industrial sector of 7,500 largest

Controlled Foreign Corporations 1998 2000 1998 2000

(1) (2) (3) (4)

All industries [1] 4,558 4,559 16.0 11.9

Raw materials and energy production 221 305 21.9 23.6

Goods production 1,747 1,578 12.9 10.2

Distribution and transportation of goods 610 567 19.8 8.7

Information 117 117 4.5 10.1

Finance, insurance, real estate, and

rental and leasing 872 996 6.3 5.2

Services 982 994 25.2 15.2

(1) Includes “Nature of business not allocable,” not shown separately.

Notes and References

[1] Statistics of Income studies of Controlled Foreign Corporations are conducted for even-numbered tax years. For 1998 data, see Comisky, John, “Controlled Foreign Corporations, 1998,” Statistics of Income Bulletin, Winter 2002-2003, Volume 22, Number 3.

[2] Based on unpublished data.

[3] The current definition of a Controlled Foreign Corporation is given in Internal Revenue Code section 957. Ownership attribution rules are discussed in section 958.

[4] Based on unpublished data.

[5] Based on unpublished data.

[6] Based on unpublished data. For Tax Year 2000, there were 2,012 U.S. corporate returns with $500 million or more in total assets with 52,409 active controlled foreign corporations. For Tax Year 2000, the 52,409 active CFC’s reported total end-of-year assets of $4,848.1 billion, total receipts of $2,680.5 billion, and total current earnings and profits (less deficit) before income taxes of $235.6 billion.

[7] Based on unpublished data.

[8] Based on unpublished data.

[9] Based on unpublished data.

Lee Mahony and Jason Wenrich are economists with the Special Studies Returns Analysis Section. This article was prepared under the direction of Chris Carson, Chief.

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