Corporate foreign tax credit, 1998
Rob Singmaster
For 1998, U.S. corporations claimed foreign tax credits totaling $37.3 billion (after limitations). The 5,927 companies claiming these credits earned $147.1 billion in foreign-source “taxable income” and paid $47.6 billion in income taxes to foreign governments. Under the foreign tax credit provisions of the Internal Revenue Code, these corporations were able to lower their U.S. income tax liability from $132.7 billion (U.S. income tax before credits) to 95.4 billion, a 28.1-percent reduction. Other credits, including the U.S. possessions tax credit and the general business tax credit, further reduced their US tax liability to $88.7 billion. The $37.3-billion foreign tax credit for 1998 represents a $4.9-billion decrease from 1997.
U.S. corporations claiming a foreign tax credit reported worldwide taxable income (comprised of both U.S. and foreign-source income)totaling $377.1 billion, 39 percent of which was from foreign sources. The United Kingdom, Canada, Germany, Japan, and the Netherlands were the top five leading sources of foreign income for U.S. corporations that claimed a foreign tax credit. These countries, with $64.6 billion, accounted for 43.9 percent of the year’s foreign-source income. The United Kingdom, with $22.2 billion, was the largest source, followed by Canada, with $13.4 billion.
Background
Starting with 1913, the first year of the modern U.S. income tax, U.S. taxpayers have been subject to taxation of their worldwide incomes. U.S. corporations with international operations or investments may also be taxed on their foreign-source incomes in the country in which the income is earned. This results in double taxation, whereby income earned overseas is taxed first by a foreign government and then again by the United States. To help alleviate this double taxation, the United States adopted foreign tax credit provisions starting with the Revenue Act of 1918. The foreign tax credit allows U.S. corporations to offset the U.S. tax on their foreign-source “taxable income” with a credit for the foreign taxes that were already paid.
Since their inception, the foreign tax credit’s provisions have been modified numerous times. The original foreign tax credit introduced for 1918 allowed taxpayers an unlimited credit against U.S. income taxes for any taxes paid to or accrued in a foreign country or U.S. possession. Therefore, in cases where the foreign tax rate was higher than the tax rate in the United States, part of the U.S. tax on domestic earned income was offset by the credit for taxes paid to a foreign jurisdiction. This resulted in an unintended loss of tax revenue on domestic income and led to the development of a foreign tax credit limitation.
The Revenue Act of 1921 helped to alleviate this problem by introducing an “overall limitation” which restricted the foreign tax credit to the lesser of: 1) the U.S. income tax multiplied by the ratio of foreign-source taxable income to worldwide taxable income, or 2) the actual foreign taxes paid. The limitation effectively placed a ceiling, equivalent to the U.S. tax on foreign-source income, on the amount of taxes that a corporation could credit.
The overall limitation restricted the aggregate tax credit, but corporations were still free to arrange their overseas business activities so as to maximize their credits. Specifically, corporations with operations or investments in foreign jurisdictions whose tax rate was higher than the U.S. tax rate could offset what would otherwise be excess credits by investing in low tax jurisdictions. In this way, corporations were blending credits from high- and low-taxed countries to maximize their overall credit amounts. To prevent this, Congress enacted a “per-country” limitation, which required taxpayers to calculate a foreign tax credit limitation on a country-by-country basis. The per-country limitation was used in various forms from 1932 through 1976.
Prior to 1962, corporations were allowed to combine all types of foreign-source income when computing their foreign tax credit limitations. However, with the passage of the Revenue Act of 1962, corporations were required to compute a separate limitation for non-business related interest income. The intent was to prevent corporations with foreign-source income from business operations that were taxed at rates higher than the U.S. rate, from making interest*bearing investments abroad to generate additional foreign income that was subject to little or no foreign tax. This additional lower-taxed, foreign interest income, combined with the higher-taxed, other foreign income, enabled corporations to increase the foreign tax credit limitation. By separating low-taxed non-business income from higher-taxed business income, U.S. corporations were limited in their ability to arrange foreign investments at the expense of U.S. taxation.
Since 1962, the number of separate income categories has increased, especially as a result of the Tax Reform Act of 1986. The current structure of statutory categories for foreign source income requires separate treatment for different types of income and for income from different industrial activities.
For 1998, taxpayers were required to compute a separate foreign tax credit limitation for each of the following income categories or “baskets” (these statutory categories are defined in the Explanation of Selected Terms section):
* Passive income,
* High withholding tax interest,
* Financial services income,
* Shipping income,
* Income re-sourced by treaty,
* Dividends from each “noncontrolled” foreign corporation as defined in Internal Revenue Code section 902,
* Dividends from an Interest-Charge Domestic International Sales Corporation (IC-DISC) or former DISC,
* Certain distributions from a Foreign Sales Corporation (FSC) or Former FSC [1],
* Taxable income attributable to foreign trade income,
* Income from sanctioned countries, per Internal Revenue Code section 901(j) [2], and
* All other income from outside the United States (commonly referred to as general limitation or overall “basket” income).
Rules regarding excess or unused credits have varied over time. While different regulations were used prior to 1958, the Technical Amendments Act of 1958 introduced the carryover and carryback of “unused” foreign taxes. The act specified that any taxes that exceeded the current-year limitation (and that could, therefore, not be used) could be carried back 2 years to be retroactively applied (necessitating an amended return or possibly a claim for a refund) or carried forward 5 years, subject to the current-year foreign tax credit limitation for each year. As a result of this act, the total foreign taxes for each separate limitation category for any given year include current-year foreign taxes plus taxes carried forward from previous years. (The foreign taxes available for the credit shown in this article include only current-year taxes and those carried forward to 1998 from previous years; no taxes carried back to 1998 are included in the statistics. Amended returns are not included in the data as they were (or will be) filed after the data were collected.)
Foreign Tax Credit
To claim a foreign tax credit, a U.S. corporation must have foreign-source income, pay foreign income tax on that income, and have a U.S. income tax liability. The foreign tax credit is elective; if the taxpayer elects to take the credit, then no deduction for those foreign taxes is available. Most taxpayers elect to take the credit, since it offsets the U.S. income tax dollar for dollar, rather than a deduction, which may only offset every dollar of U.S. tax by the percentage of the tax rate.
Between 1993 and 1998, the number of U.S. corporations electing to credit foreign taxes varied from year to year, with 1998 showing the lowest number (Figure A). For 1998, there were 5,927 corporations that chose to credit their taxes, down from 6,569 the previous year [3]. However, since 1991, the foreign tax credit rose, despite the reduction in the number of corporations that claimed it. Tax Year 1998 was the first year since 1991 when the foreign tax credit, along with worldwide taxable income, U.S. income tax before credits, and foreign-source taxable income all fell. While the number of returns with a foreign tax credit dropped 9.8 percent between 1997 and 1998, worldwide taxable income fell by 8 percent. Additionally, the U.S. income tax before credits fell 8.3 percent, from $144.8 billion for 1997 to $132.7 billion for 1998, and foreign-source taxable income fell 6.9 percent, from $158 billion for 1997 to $147.1 billion for 1998. During this same time period, current-year foreign taxes actually rose, by 5.5 percent, from $45.1 billion to $47.6 billion, but the amount of foreign tax credit claimed fell 11.6 percent. However, the decreases for 1998 are compared to 1997 numbers, which represented record highs. Overall, the 1998 decreases were more in line with 1996. Worldwide income, while 8 percent less than for 1997, was still 2 percent more than for 1996, and U.S. income tax before credits was 1.5 percent more than for 1996. Foreign-source taxable income for 1998 was 2.5 percent less than 1996, while the 1998 foreign tax credit was 7.2 percent less than for 1996.
Separate Limitation Categories, Tax Year 1998
As a result of the Revenue Act of 1962 and the Tax Reform Act of 1986, U.S. corporations are required to compute a separate foreign tax credit limitation for each apportioned statutory income category or “basket.” Of the $147.1 billion of foreign-source taxable income reported, income classified in the general limitation basket accounted for the largest amount, with $108.7 billion, or about 74 percent of the total (Figure B). Not surprisingly, $38.8 billion, or around 82 percent, of the total current-year foreign taxes were paid on this income.
Financial services income was the second largest income basket and accounted for 19.1 percent of foreign-sourced taxable income. Around $6 billion, or 13 percent, of the current-year foreign taxes were paid on this income.
Current-year foreign taxes as a percentage of foreign-source taxable income vary according to the income category [4]. At 35.7 percent, general limitation income generated the largest percentage of current-year foreign taxes. Overall, current-year taxes as a percentage of foreign-source taxable income was 32.3 percent. However, shipping income and passive income, two of the statutory groups designed to isolate lower-tax income, were significantly less, 16.2 and 12.1 percent, respectively.
Geographic Focus
Continuing a multiyear trend, U.S. corporations with business holdings in European countries were responsible for a significant amount of foreign-source gross and taxable income (Figure C, D, and Table 3) for 1998. Europe reported a total of $66.2 billion (45.0 percent) in taxable income, of which the European Union (EU) accounted for $60.6 billion. The next two largest regions combined, Asia and Latin America, accounted for $38.7 billion, equal to 63.9 percent of the European Union’s foreign-source taxable income total.
[FIGURE D OMITTED]
As with previous years, the data indicate that a small number of countries accounted for a large portion of the foreign-source taxable income reported by U.S. corporations (Figure C). The United Kingdom, Germany, the Netherlands, Japan, and Canada accounted for $64.7 billion, or 43.9 percent. The United Kingdom, alone, accounted for almost as much foreign-source taxable income ($22.2 billion, or 15.1 percent) as the entire Asian continent ($23.4 billion, or 15.9 percent).
Foreign tax paid or accrued and taxes “deemed paid” (see Explanation of Selected Terms, under Gross-up) figures, the two parts of total foreign taxes, are presented by region in Figure E. Countries in the European Union were the largest recipients of foreign taxes paid, accrued, or deemed paid by U.S. corporations, reporting a combined $18.5 billion, or 45.5 percent. The vast majority of these taxes were those deemed paid (79.5 percent). Asia, the next largest recipient of foreign taxes, accounted for an amount equal to about two-fifths of the European Union total, with $7.7 billion, though their taxes paid or accrued were roughly equivalent to those of the European Union. As with foreign-source taxable income, the United Kingdom, Germany, the Netherlands, Japan, and Canada led all other countries in terms of foreign tax paid, accrued, or deemed paid. These countries accounted for a combined $20.8 billion, or 51.1 percent, of the total foreign tax figure. As with foreign-source taxable income, the United Kingdom accounted for more of the combined taxes than any other country, with $6.1 billion, or 15.0 percent, of the total.
[FIGURE E OMITTED]
Oil and Gas Extraction Income
Oil and gas extraction income, deductions, and taxes are reported separately from other types of foreign-source income by U.S. corporations claiming a foreign tax credit related to that income [5]. Internal Revenue Code section 907 outlines the separate rules pertaining to oil and gas extraction income and how they affect the foreign taxes a corporation can credit. These rules prohibit certain foreign taxes from being credited and call for another limitation calculation specific to foreign oil and gas extraction income (FOGEI). Foreign taxes are excluded from the calculation if they were paid, accrued, or deemed paid at a rate in excess of the applicable U.S. tax rate. The law allows that only foreign income taxes, as viewed through U.S. tax principles, are creditable. Credits can be denied for foreign levies that are found to, in effect, constitute royalty payments to a foreign government. Also excluded are voluntary payments in lieu of taxes, and payments for specific rights (such as the right to extract a natural resource) or services.
Figure F shows foreign oil and gas extraction income (FOGEI) by both selected industry groups and selected countries for 1998. A significant portion (86.9 percent) of FOGEI was reported by U.S. corporations classified as refiners of petroleum (including integrated) and coal products manufacturing. For 1998, the oil and gas extraction industry group accounted for only 2.4 percent of the total oil and gas extraction-related gross income reported. Figure F lists the countries generating the greatest amounts of gross income associated with foreign oil and gas extraction. For the fifth straight year, U.S. corporations reported the United Kingdom as the largest source of FOGEI. Norway and Indonesia were responsible for the next highest gross income figures, each representing approximately 6 percent and 4 percent of total FOGEI, respectively. Eight countries, the United Kingdom, Norway, Indonesia, Australia, the Netherlands, Canada, Trinidad and Tobago, and Egypt accounted for a combined 58.9 percent of all gross income from foreign oil and gas extraction activities.
Industrial Groupings Under the North American Industry Classification System
The North American Industry Classification System (NAICS) was created under the auspices of the governments of the United States, Mexico, and Canada in response to the North American Free Trade Agreement (NAFTA). It was created in order to standardize business categories, as well as to better describe the types of businesses in each nation’s economy [6]. NAICS organizes economic units by similar production processes (a production-oriented system), while the formerly used Standard Industrial Classification (SIC) organized economic units by their end products (a product-oriented system). One of the most notable differences between the NAICS and SIC systems is that NAICS puts a greater emphasis on separately identifying service industries. This new feature was added in response to the growing importance to the U.S. economy of technology-based services versus manufacturing.
Tax Year 1998 was the first year that U.S. corporations used NAICS on tax returns to classify their primary business activities. Consequently, this was the first year that Statistics of Income (SOI) began classifying data according to NAICS. Data compiled using the NAICS system are shown in Figure G and in Tables 1 a, 2, and 3. The data based on the previously used SIC system are also presented in Figure G and in Table lb. Data at the SIC division and major group levels were based on the conversion of Tax Year 1998 data from NAICS-based industry codes to SIC-based codes and, therefore, will not coincide with the industry totals in Table 1a.
The NAICS system as adapted for Statistics of Income consists of nine so called “divisions,” comprising aggregates of NAICS sector data: raw materials and energy production; goods production; distribution and transportation of goods; information; finance, insurance, real estate, and rental and leasing; professional and business services; education, health, and social assistance; leisure, accommodation, and food services; and other services. These divisions were created as an aggregated structure for use by statistical agencies in the United States in order to allow comparability of statistics across agencies and are employed for the purposes of this article. The aggregation of NAICS sectors into divisions can be seen in Figure G and Table 1a. Figure G shows the number of corporation income tax returns claiming a foreign tax credit and total foreign tax credit claimed for both the NAICS-based industry groupings and the SIC-based industry groupings, according to the NAICS-based equivalents.
Industry Composition
Even with changes in industrial classification, manufacturing corporations in 1998 continued to account for the majority of foreign-source taxable income, current-year taxes, and foreign tax credits. U.S. manufacturers were responsible for $91.6 billion, or 62.3 percent, of the foreign-source taxable income and $38.1 billion, or 80 percent, of the current-year foreign taxes. As a result, U.S. manufacturers were able to claim $26.7 billion, or 71.6 percent, of the total foreign tax credits. Within manufacturing, the most significant of the specific industry sectors in terms of foreign-source taxable income, current-year foreign taxes, and foreign tax credit claimed was computer and electronic products, a new sector created under the NAICS system. This is a change from previous years when petroleum and coal products manufacturing accounted for the majority of these amounts, and technology-related services and manufacturing were distributed among several industry groups. While the manufacture of petroleum and coal products continued to make up 11.4 percent of the total foreign tax credit claimed for 1998, computer and electronic products manufacturing contributed 14.8 percent.
The other significant change in industry composition also resulted from the new NAICS classifications. For 1997, using the SIC classification system, finance, insurance, and real estate corporations accounted for the second largest source of total foreign-source taxable income and foreign taxes, while services were a smaller proportion. However, under the NAICS classification system, income and taxes related to bank holding companies were classified for Statistics of Income under the services division as the subsector “management of companies (holding companies).” As a result, the service division now represented a much larger proportion of total foreign-source taxable income and current-year foreign taxes for 1998 than for 1997. For 1998, the service division accounted for around 10 percent of total foreign-source taxable income, foreign taxes, and foreign tax credits. For 1997, it accounted for only around 5 percent. Finance, insurance, and real estate, which accounted for 14.5 percent of foreign-source taxable income and 15.8 percent of the total foreign tax credit in 1997 under SIC, accounted for only 7 percent and 8.2 percent in 1998 under NAICS, respectively. This decrease occurred despite the addition of rental and leasing to this division under NAICS.
Summary
U.S. corporations claimed a total foreign tax credit of $37.3 billion for 1998, an 11.6-percent decrease from the previous year. This was caused by a decrease in foreign-source income and related foreign taxes paid, accrued, or deemed paid across most industrial groupings and countries. As in previous years, Europe, especially members of the European Union, was responsible for the most foreign-source taxable income and foreign taxes paid, accrued, or deemed paid. Corporations classified under finance, insurance, real estate, and rental and leasing continue to account for a larger share of the foreign income and foreign tax credit totals, a trend that became evident during the 1990’s.
Tax Year 1998 was the first year U.S. corporations used the North American Industry Classification System (NAICS) to define their principal business activities. This new system will allow a more thorough analysis of the service and technical industries in the coming years. Comparison of 1998 to 1997 data based on the former Standard Industrial Classification (SIC) system allows for analysis of industry-level changes between these 2 tax years.
Data Sources and Limitations
The statistics in this article were derived from corporation income tax returns with a foreign tax credit that were included in the 1998 Statistics of Income sample of returns with accounting periods ending between July 1998 and June 1999. These returns were selected after administrative processing but prior to any amendments or audit examination. The 1998 corporation income tax return sample included approximately 94,000 returns sampled from over 4.8 million returns filed for this period.
The foreign tax credit is claimed under section 901 of the Internal Revenue Code. Corporations report the foreign income and taxes related to the credit on Form 1118, Computation of Foreign Tax Credit–Corporations, filed with their income tax returns. The statistics in this article are based on information reported on Forms 1118 and related corporate returns. Corporations with an “alternative minimum tax” (AMT) liability are required to compute a separate “alternative minimum tax foreign tax credit.” The AMT foreign tax credit data are not reflected in the statistics in this article, even if the corporation reported both the “regular” foreign tax credit and the AMT foreign tax credit. Corporations reporting only the AMT computation had no regular tax and, therefore, were not included in the foreign tax credit statistics.
There are small discrepancies between the more complete foreign tax credit data presented in this article and those published in Statistics of Income–1998, Corporation Income Tax Returns [7]. One reason for this difference is that a few of the returns designated for the Statistics of Income sample were received too late to be included in the regular corporation statistics, but were included in the foreign tax credit statistics presented in this article. Additionally, certain corporations submitted preliminary data on their original returns, since they lacked complete information on their foreign operations at the time of filing. On a case-by-case basis, additional information was requested directly from the taxpayer. Amended returns filed at a later date, including those with carrybacks of foreign taxes to be credited for 1998, were not available for these statistics.
Foreign income and taxes are understated in this article to the extent that they either were not or did not have to be reported on Form 1118. Taking into account carryback provisions, the 1998 foreign tax credit statistics in this article do not represent the final amounts credited that year. A complete foreign tax credit amount would reflect the results of any audits, as well as the carryback of some foreign taxes from 1999 and 2000. Foreign taxes available for credit in this article include only those carried forward to 1998 from previous years. Some corporations also did not file Form 1118 because they did not have a U.S. income tax liability, and were thus unable to credit any foreign taxes paid, accrued, or deemed paid for 1998. Finally, other corporations could have deducted their foreign taxes from their gross incomes versus claiming a foreign tax credit.
Since the estimates are based on a sample, they are subject to sampling error. Coefficients of variation (CV’s) are used to measure the magnitude of this sampling error. The CV is defined in the section on sampling variability in the “SOI Sampling Methodology and Data Limitations” appendix of this publication. Figure H presents CV’s for foreign tax credits by selected NAICS divisions, industrial sectors, and groups. The smaller the CV, the more reliable the estimate is judged to be.
Description of Tables 1-3
Tables 1a and 1b present various industry data using the North American Industry Classification System (NAICS) and the previously used Standard Industrial Classification System (SIC), respectively. Columns 2 through 15 display statistics on assets, receipts, income, and taxes reported on Form 1120, Corporation Income Tax Return, for those corporations claiming a foreign tax credit. Columns 16 through 52 present statistics from Form 1118, Foreign Tax Credit–Corporations. References to tax return schedules indicate the parts of Form 1118 from which the data were obtained. Columns 16 through 36 present statistics on foreign income and deductions, reported primarily on Form 1118, Schedule A, Income or Loss Before Adjustments.
Although the amounts of “oil and gas income” and deductions (columns 23 and 36, respectively) are included in the summary columns (columns 16 through 22 and 26 through 35), these amounts are also shown separately (based on Form 1118, Schedule I, Reduction of Oil and Gas Extraction Taxes) because oil and gas extraction income is subject to special rules under Internal Revenue Code section 907, which effectively requires a separate limitation calculation for taxes related to oil and gas extraction income. This may result in a reduction of foreign taxes available for credit. Reductions in creditable oil and gas extraction income taxes are included with several other types of reductions in column 41 of Tables 1a and 1b and column 27 of Table 2.
Internal Revenue Code section 863(b) income (income partly within and partly without the United States) and foreign branch income are also included in the summary totals reported in columns 16 through 22 of Tables 1a and 1b, and are shown separately (based on Form 1118, Schedule F, Gross Income and Definitely Allocable Deductions From Sources Outside the U.S. Under Section 863(b) and for Foreign Branches) in columns 24 and 25 of Tables 1a and 1b.
Total deductions “not definitely allocable” to specific types of income (column 32) are equal to the sum of Tables 1a, 1b, columns 33 through 35, relating to research and development, interest, and any other not definitely allocable expenses (any differences are due to taxpayer reporting variations). Total foreign-source gross income (Tables 1a and 1b, column 16) less total foreign deductions (Tables 1a and 1b, column 26) equals foreign-source taxable income before adjustments (Tables 1a and 1b, column 37).
Adjustments to foreign-source taxable income (column 38 of Tables 1a and 1b) include the allocation of: (1) current-year foreign-source losses, (2) overall foreign losses, and (3) current-year U.S. source losses, as well as the recapture of prior-year overall foreign losses and recharacterization of prior-year foreign-source losses. These adjustments (reported on Schedule J, Separate Limitation Loss Allocations and Other Adjustments Necessary To Determine Numerators of Limitation Fractions, Year-End Recharacterization Balances, and Overall Foreign Loss Account Balances) affect the numerator of the limitation fraction used to compute the foreign tax credit. The income after adjustments (the numerator of the limitation fraction) is reported in column 39 of Tables 1a and 1b. The limitation fraction, foreign-source taxable income divided
by total taxable income from all sources, is applied to the total U.S. tax against which the credit is allowed to determine any limitation on the foreign tax credit. Taxpayers are required to calculate this limitation for each statutory income category or “basket.”
Statistics on foreign taxes are presented in columns 40 through 52 of Tables 1a and lb. Data on foreign taxes paid, accrued, or deemed paid (through related foreign corporations or their subsidiaries) from Form 1118, Schedule B, Foreign Tax Credit–Corporation, are shown in columns 43 through 52 of Tables 1a and 1b. Total foreign taxes paid or accrued (Tables 1a and 1b, column 44) are the sum of columns 45 through 51 (any differences are due to taxpayer reporting variations). Column 42 in Tables 1a and 1b shows carryovers of excess or “unused” taxes from prior years, which can be added to the 1998 pool of current-year creditable foreign taxes. Total foreign taxes paid, accrued, or deemed paid, plus carryover, are then adjusted for certain items (e.g., reductions of foreign taxes related to oil and gas extraction income under Internal Revenue Code section 907, reductions of foreign taxes related to income earned in sanctioned countries under Internal Revenue Code section 901(j), and other reductions of creditable taxes) in column 41. Thus, total foreign taxes available for credit (Tables 1a and 1b, column 40) are equal to total foreign taxes paid, accrued, or deemed paid (column 43), plus any carryover of prior-year excess or “unused” foreign taxes (column 42), less any reduction in foreign taxes (Column 41).
Tables 2 and 3 present data using NAICS and are similar in column format to Tables 1a and 1b, except that they do not provide data from the corporation income tax returns, themselves. Table 2 presents data by industrial grouping and separate statutory limitation income category or basket, while Table 3 presents data by selected geographic region and country.
Explanation of Selected Terms
Adjustments to taxable income.–This includes several types of adjustments reported on Schedule J of Form 1118, Computation of Foreign Tax Credit –Corporations. These include the allocation of current-year foreign losses, overall foreign losses, and current-year U.S.-source losses. Adjustments due to prior-year loss allocations are also made, including the recapture of foreign-source losses and the recharacterization of foreign-source income. The overall result of these adjustments is shown in column 38 of Tables 1a and 1b and column 24 of Table 2.
Carryover of foreign taxes.–Under Internal Revenue Code section 904, “U.S. persons” are allowed a 2-year carryback and 5-year carryforward of “excess” or “unused” foreign taxes for purposes of computing the “final” foreign tax credit for those years: Such taxes were included in the computation of the current-year foreign tax credit to the extent that they did not exceed the credit limitation for the current year. The 1998 statistics used for this article include only those foreign taxes that have been carried forward from previous years (1993-1997). See column 42 of Tables 1a and 1b and column 28 of Table 2.
Controlled Foreign Corporation.–Under Internal Revenue Code section 957, a foreign corporation is a ‘Controlled Foreign Corporation” if more than 50 percent of its outstanding voting stock, or more than 50 percent of 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. Internal Revenue Code section 951(b) defines a “U.S. shareholder” as a U.S. “person” with 10 percent or more of the total combined voting stock of the foreign corporation. Ownership attribution rules are provided in Internal Revenue Code section 958.
Current-year foreign taxes.–Current-year foreign taxes include foreign taxes paid, accrued, or deemed paid and are shown in column 43 of Tables 1a and 1b, column 29 of Table 2, and column 15 of Table 3. Current-year foreign taxes do not include any carryback or carryforward of foreign taxes from other tax years.
European Union (E. U.).–The European Union (E.U.) is a union of fifteen independent states based on the former European Community and founded to enhance political, economic, and social cooperation. Formerly known as the European Community (EC) or the European Economic Community (EEC), the member states include Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom.
Financial Services Income.–This separate limitation category or basket applies to income from the specific industry of financial services. Financial services income includes all income (including “passive income”) (see below) that is generated from banking, insurance, financing, or similar activities, and from certain types of insurance investments. Financial services income excludes high withholding tax interest, dividends from non-controlled foreign corporations as defined in Internal Revenue Code section 902, or certain types of export financing interest.
Foreign Oil and Gas Extraction Income (FOGEI).–FOGEI is the gross income produced from the extraction of oil and gas, as well as from the sale of assets used in the extraction of oil and gas, or from related services, working capital, dividend and partnership distributions, and any other oil and gas extraction income. In general, a foreign tax credit, a foreign tax, or deduction is not permitted for foreign taxes paid, accrued, or deemed paid in connection with the purchase or sale of oil or gas extracted in a foreign country if the taxpayer has no economic interest in the oil or gas and if the purchase or sale price differs from the fair market value.
Foreign Sales Corporations (FSC).–A Foreign Sales Corporation was a company incorporated abroad and usually controlled by a U.S. “person.” A portion of the FSC’s “foreign trade income” was exempt from U.S. taxation. Although these statistics do not include FSC returns, FSC dividends received by corporations claiming a foreign tax credit are included. Dividends and interest generated by a FSC comprise a separate limitation category. In July 1999, the World Trade Organization declared FSC provisions to be an illegal export subsidy. Congress repealed the FSC provisions and created the Extraterritorial Income Exclusion Act in November 2000, which allowed U.S. corporations to continue operating FSC’s until December 2001.
Foreign-source taxable income.–Foreign-source taxable income is equal to gross income (less loss) less deductions from sources outside the United States.
Foreign trade income.–Gross receipts from foreign trade earned by a Foreign Sales Corporation (FSC) from: 1) the sale of “export property,” 2) the leasing of export property for use outside the United States, or 3) services in connection with the sale or leasing of export property. The related separate limitation category, taxable income attributable to foreign trade income, is unusual in the 1998 statistics because of the defined scope of the SOI sample (see definition for FSC above).
General limitation income.–This separate limitation category or basket comprises foreign income not included in any other separate limitation category.
Gross-up.–Since a dividend represents a distribution from after-tax earnings, the amount of income that a domestic corporation recognizes on receiving a dividend from a foreign corporation is net of all the foreign income taxes paid by that foreign corporation. U.S. corporations that satisfy ownership and other requirements are permitted to take an “indirect” foreign tax credit for taxes paid with respect to the distribution. Under Internal Revenue Code section 78, these taxes are “deemed paid” by the U.S. corporations under Internal Revenue Code sections 902 and 960(a). Consequently, the dividend income is “grossed-up” by the amount of the taxes deemed paid on the income from which the dividend was paid. This prevents U.S. corporations from crediting the foreign taxes deemed paid and deducting the same taxes in computing foreign-source taxable income.
High withholding tax interest.–This separate limitation category or basket includes interest income subject to a withholding tax greater than or equal to 5 percent. This basket does not include interest received in the financing of certain export activities.
Income re-sourced by treaty.–Selected U.S. income tax treaties contain provisions reclassifying certain income items from being U.S.-source income to foreign-source income. This usually occurs when a tax treaty allows the other country to tax what would otherwise be U.S.-source income. Certain dividends and income from a U.S.-owned foreign corporation can be included in this category. A separate foreign tax credit limitation has to be computed for each amount re-sourced from a treaty country.
Interest-Charge Domestic International Sales Corporation (IC-DISC).–IC-DISC’s were small domestic corporations formed to export U.S. products. An IC-DISC could defer the tax liability on a portion of its income but had to ultimately pay the deferred tax plus interest. Under the DISC provisions, a U.S. manufacturer could set up a DISC (located in the United States) whose income was not taxed at the DISC level. Instead, the corporate shareholder was taxed directly on a portion of the DISC’s income that is deemed distributed. The portion of the income not deemed distributed was not subject to U.S. taxation until it was actually distributed. The foreign trading partners of the United States that are party to the General Agreement on Tariffs and Trade (GATT) maintained the DISC provisions constituted an illegal export trade subsidy because they allowed indefinite deferral of direct taxes on income from exports earned in the United States. Essentially, this pre- 1985 system of tax deferral for export income was replaced by the exemption system of foreign sales corporations (FSC’s), now also repealed. To elect IC-DISC status, at least 95 percent of the corporation’s gross receipts had to be “qualified export receipts,” and at least 95 percent of its assets “qualified export assets.” Distributions from an IC-DISC are a separate limitation category.
Non-controlled section 902 corporation.–A non-controlled foreign corporation is defined by Internal Revenue Code section 902 as a foreign corporation in which a U.S. corporation possesses at least 10 percent of the voting stock and the U.S. shareholders own no more than 50 percent of the stock measured by voting power or value. These foreign corporations are also referred to as “10/50 companies.” Each non-controlled section 902 corporation is treated individually. The dividends from each corporation are placed in separate categories or baskets to avoid the averaging of high-taxed and low-taxed dividends from different non-controlled section 902 corporations.
OPEC Countries.–The members of the Organization of Petroleum Exporting Countries (OPEC) for 1998 were Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.
Passive Income.–This separate limitation category or basket includes dividends, interest (with the exception noted below), rents, royalties, annuities, net capital gains, and commodity transactions not connected with the active conduct of a trade or business. High-taxed passive income is excluded from this basket and is included, instead, under financial services income. Interest subject to a high withholding tax is categorized in a separate basket. (see high withholding tax interest, above) Furthermore, income that by definition is passive, yet is subject to a foreign tax rate exceeding the highest applicable U.S. rate, is placed in the general limitation basket versus the passive income basket.
Section 901(j) income.–Internal Revenue Code section 901(j) denies credit for taxes paid or accrued to select foreign governments that the United States deems ineligible for the credit. These countries include the following: (1) countries not recognized by the United States, (2) countries with which the United States has severed or does not conduct diplomatic relations, or (3) countries identified by the United States as providing support for terrorism. For 1998, countries subject to these restrictions were Cuba, Iran, Iraq, Libya, North Korea, Sudan, and Syria. Income and deductions from section 901(j) countries are reported on Form 1118, even though these taxes are not creditable. A separate limitation credit is computed for informational purposes and is not included in the foreign tax credit of the corporation.
Shipping income.–This separate limitation category or basket applies to the specific industry, shipping. Shipping income includes the following: (1) all income from the use (or leasing for use) of a vessel or aircraft in foreign commerce, (2) income from services directly related to the use of a vessel or aircraft, (3) gains on the sale or exchange of a vessel or aircraft used in the performance of such services, and (4) income generated from other space and oceanic activities. Income that would be “foreign base company shipping income” for purposes of determining the income received from Controlled Foreign Corporations, under Internal Revenue Code section 954(f), is also classified as shipping income.
Specifically allocable income.–Internal Revenue Code section 863(b) provides special rules for determining taxable income from sources outside the United States with respect to gross income derived partly from within and partly from outside the United States. The income apportioned to sources outside the United States under these special rules is commonly referred to as “Section 863(b) income” and is shown in Tables 1a and 1b, column 25, and Tables 2 and 3, column 11.
Tax deemed paid.–See Gross-up.
U.S. Person.–A U.S. person is any citizen or resident of the United States, domestic partnership, corporation, association, company, or any estate or trust that is not considered “foreign.” See Internal Revenue Code section 7701 for more information on the definition of a U.S. person.
Table 1a.–U.S. Corporation Returns with a Foreign Tax Credit:
Total Assets, Income, Tax, and Credits, and Foreign Income and
Tax Reported on Form 1118, by Selected Industrial Group (by
NAICS Classification)
[All figures are estimates based on samples–money amounts arein thousands of dollars]
Major and selected minor Number of Total
industrial group returns assets
(1) (2)
All industries 5,927 15,174,244,548
Agriculture, forestry, fishing,
and hunting 81 2,777,716
Mining 101 78,195,566
Metal mining 44 3,951,272
Coal mining 5 * 7,377,219
Oil and gas extraction 9 * 25,498,493
Nonmetallic minerals, except
fuels 44 41,368,583
Utilities 23 243,364,734
Construction 221 12,113,091
General building contractors 95 4,668,120
Heavy construction contractors 32 5,439,365
Special trade contractors 65 1,081,349
Manufacturing 1,510 3,923,042,786
Food manufacturing 53 157,198,108
Beverage and tobacco product
manufacturing 17 281,654,235
Beverage manufactures 14 194,296,090
Tobacco manufactures 3 * 87,358,145
Textile mill and textile
products mills 46 15,042,216
Apparel manufacturing 49 15,121,040
Wood product manufacturing 14 29,901,364
Paper manufacturing 29 61,474,804
Printing and related support
activities 41 5,590,116
Petroleum and coal products
manufacturing 26 524,142,876
Chemical manufacturing 259 630,348,854
Pharmaceutical and medicine
manufacturing 61 229,463,078
Other chemical manufacturing 198 400,885,777
Plastics and rubber products
manufacturing 60 27,127,329
Nonmeticallic mineral product
manufacturing 27 31,893,603
Primary metal manufacturing 39 76,148,350
Fabricated metal product
manufacturing 159 64,360,073
Machinery manufacturing 188 170,779,548
Computer and electronic products 174 323,583,061
Electrical equipment, applicance,
and component 85 542,986,154
Transportation equipment
manufacturing 87 885,748,515
Motor vehicles and equipment 49 738,754,764
Other transportation equipment
manufacturing 38 146,993,751
Furniture and related products 17 7,659,663
Miscellaneous manufacturing and
manufacturing not allocable 139 72,282,875
Wholesale and retail trade 809 392,019,740
Wholesale trade 621 208,908,799
Durable goods 451 105,733,657
Nondurable goods 170 103,175,142
Drugs, chemicals, and allied
products 8 * 14,428,008
Petroleum and petroleum
products 39 1,526,742
Other miscellaneous wholesale
trade 13 17,467,249
Other nondurable goods 110 69,753,143
Retail trade 187 183,110,941
Motor vehicle and parts dealers 17 * 384,111
Food and beverage stores 9 * 3,942,888
Clothing and clothing
accessories stores 15 29,116,349
General merchandise stores 8 * 99,650,020
All other retail stores 139 50,017,574
Transportation and warehousing 87 101,614,361
Transportation 82 101,466,187
Water transportation 11 4,996,797
All other transportation 71 96,469,390
Warehousing and storage 5 * 148,173
Information 161 563,088,879
Publishing industries 90 184,407,841
Motion picture and sound
recording industries 25 38,432,088
Broadcasting and
telecommunications 29 301,653,350
Broadcasting 10 103,396,411
Telecommunications 19 198,256,939
Information and data processing
services 17 38,595,600
Finance, insurance, and real estate 1,490 6,414,749,088
Finance and insurance 1,204 6,401,838,977
Depository credit
intermediation 32 26,674,598
Nondepository credit
intermediation 19 562,601,243
Securities, commodity
contracts, etc 841 2,333,457,537
Insurance carriers and related
activities 306 3,478,622,548
Other finance and insurance 6 * 483,050
Real estate and rental and
leasing 286 12,910,111
Services 1,435 3,415,028,954
Professional, scientific, and
technical services 459 77,516,792
Management of companies (holding
companies) 725 3,132,674,033
Educational, health care, and
social assistance 38 52,441,528
Arts, entertainment, and
recreation 15 2,529,931
Accommodation and food services 68 71,578,490
Other services 130 78,288,181
Dividends
Major and selected minor Total received from
industrial group receipts foreign
corporations
(3) (4)
All industries 5,367,522,238 35,296,572
Agriculture, forestry, fishing,
and hunting 2,915,409 * 27,219
Mining 36,927,692 188,303
Metal mining 1,347,109 * 26,524
Coal mining * 4,747,531 * 8
Oil and gas extraction * 7,920,350 * 47,695
Nonmetallic minerals, except
fuels 22,912,701 114,075
Utilities 92,337,173 1,035,449
Construction 14,412,001 21,018
General building contractors 6,767,900 8,945
Heavy construction contractors 4,342,807 * 3,884
Special trade contractors 1,873,648 * 8,179
Manufacturing 2,419,087,684 26,982,434
Food manufacturing 142,972,954 1,758,776
Beverage and tobacco product
manufacturing 84,368,589 * 2,224,659
Beverage manufactures 33,541,971 * 1,025,218
Tobacco manufactures * 50,826,618 * 1,199,441
Textile mill and textile
products mills 13,405,862 21,922
Apparel manufacturing 18,997,041 * 204,018
Wood product manufacturing 19,667,132 * 5,004
Paper manufacturing 46,769,679 545,913
Printing and related support
activities 6,293,780 * 2,219
Petroleum and coal products
manufacturing 301,026,491 5,028,786
Chemical manufacturing 399,543,353 6,066,241
Pharmaceutical and medicine
manufacturing 151,577,017 2,388,147
Other chemical manufacturing 247,966,336 3,678,093
Plastics and rubber products
manufacturing 28,795,315 457,580
Nonmeticallic mineral product
manufacturing 19,506,621 211,121
Primary metal manufacturing 48,360,597 382,639
Fabricated metal product
manufacturing 51,360,896 679,402
Machinery manufacturing 158,978,148 2,838,602
Computer and electronic products 336,141,763 2,849,344
Electrical equipment, applicance,
and component 148,468,280 496,898
Transportation equipment
manufacturing 530,489,956 2,729,757
Motor vehicles and equipment 386,700,434 2,420,106
Other transportation equipment
manufacturing 143,789,523 309,652
Furniture and related products 11,036,907 * 61,881
Miscellaneous manufacturing and
manufacturing not allocable 52,904,320 417,673
Wholesale and retail trade 672,462,878 1,730,688
Wholesale trade 287,672,730 1,131,366
Durable goods 161,373,829 111,935
Nondurable goods 126,298,901 1,019,431
Drugs, chemicals, and allied
products * 25,518,836 * 94,222
Petroleum and petroleum
products 3,139,267 * 1,379
Other miscellaneous wholesale
trade 10,744,232 * 85,482
Other nondurable goods 86,896,565 838,348
Retail trade 384,790,148 599,321
Motor vehicle and parts dealers * 926,771 * 9
Food and beverage stores * 8,630,118 * 4
Clothing and clothing
accessories stores 44,306,910 * 531,012
General merchandise stores * 240,026,464 * 7,232
All other retail stores 90,899,884 61,063
Transportation and warehousing 97,087,295 72,381
Transportation 97,021,446 71,866
Water transportation 2,976,879 * 11,220
All other transportation 94,044,567 60,646
Warehousing and storage * 65,849 * 515
Information 311,630,660 1,244,442
Publishing industries 101,128,796 605,211
Motion picture and sound
recording industries 19,874,118 * 167,586
Broadcasting and
telecommunications 165,867,566 * 318,520
Broadcasting 44,497,711 * 103,838
Telecommunications 121,369,855 * 214,682
Information and data processing
services 24,760,180 * 153,125
Finance, insurance, and real estate 1,193,537,627 1,691,838
Finance and insurance 1,187,373,869 1,690,220
Depository credit
intermediation 3,659,570 930
Nondepository credit
intermediation 82,289,024 * 112,956
Securities, commodity
contracts, etc 182,475,636 610,998
Insurance carriers and related
activities 918,641,650 965,314
Other finance and insurance * 307,989 * 23
Real estate and rental and
leasing 6,163,758 1,618
Services 510,655,284 2,226,327
Professional, scientific, and
technical services 79,254,997 234,737
Management of companies (holding
companies) 290,244,426 1,461,434
Educational, health care, and
social assistance 28,739,764 * 34,051
Arts, entertainment, and
recreation 2,288,627 * 78,500
Accommodation and food services 60,338,704 189,296
Other services 49,788,765 228,309
Dividends Includable
received from income of
Major and selected minor IC-DISC’s or Controlled
industrial group former Foreign
DISC’s (1) Corporations
(5) (6)
All industries 19,520 22,187,348
Agriculture, forestry, fishing,
and hunting — * 16,116
Mining — 187,449
Metal mining — * 50
Coal mining — * 411
Oil and gas extraction — * 12,511
Nonmetallic minerals, except
fuels — 174,476
Utilities — 372,729
Construction — * 26,538
General building contractors — * 26,443
Heavy construction contractors — * 62
Special trade contractors — —
Manufacturing 17,957 14,360,120
Food manufacturing * 66 501,876
Beverage and tobacco product
manufacturing — * 1,338,856
Beverage manufactures — * 249,254
Tobacco manufactures — * 1,089,603
Textile mill and textile
products mills — * 23,113
Apparel manufacturing — * 75,016
Wood product manufacturing — * 5,780
Paper manufacturing — * 156,632
Printing and related support
activities * 21 * 5,261
Petroleum and coal products
manufacturing — 1,029,593
Chemical manufacturing * 10,208 3,614,643
Pharmaceutical and medicine
manufacturing — 2,093,464
Other chemical manufacturing * 10,208 1,521,179
Plastics and rubber products
manufacturing * 602 43,574
Nonmeticallic mineral product
manufacturing — * 142,647
Primary metal manufacturing — * 265,955
Fabricated metal product
manufacturing * 322 276,527
Machinery manufacturing * 3,541 816,947
Computer and electronic products * 965 2,438,050
Electrical equipment, applicance,
and component * 391 845,856
Transportation equipment
manufacturing — 2,486,735
Motor vehicles and equipment — 2,263,557
Other transportation equipment
manufacturing — 223,178
Furniture and related products — * 61,291
Miscellaneous manufacturing and
manufacturing not allocable * 1,842 231,766
Wholesale and retail trade * 1,563 864,484
Wholesale trade * 1,563 628,090
Durable goods * 537 70,489
Nondurable goods * 1,026 557,602
Drugs, chemicals, and allied
products * 1,026 * 35,064
Petroleum and petroleum
products — —
Other miscellaneous wholesale
trade — * 49,648
Other nondurable goods — 472,890
Retail trade — 236,393
Motor vehicle and parts dealers — * 7
Food and beverage stores — —
Clothing and clothing
accessories stores — * 135,566
General merchandise stores — * 65,769
All other retail stores — * 35,052
Transportation and warehousing — 91,383
Transportation — 90,400
Water transportation — * 61,319
All other transportation — 29,081
Warehousing and storage — * 984
Information — 1,691,930
Publishing industries — 367,884
Motion picture and sound
recording industries — * 46,619
Broadcasting and
telecommunications — * 1,110,806
Broadcasting — * 560,249
Telecommunications — * 550,557
Information and data processing
services — * 166,621
Finance, insurance, and real estate * (2) 2,936,462
Finance and insurance * (2) 2,921,145
Depository credit
intermediation — * 4,859
Nondepository credit
intermediation — * 314,068
Securities, commodity
contracts, etc * (2) 794,541
Insurance carriers and related
activities — 1,807,676
Other finance and insurance — —
Real estate and rental and
leasing — * 15,317
Services — 1,627,913
Professional, scientific, and
technical services — 187,921
Management of companies (holding
companies) — 1,199,039
Educational, health care, and
social assistance — * 9,973
Arts, entertainment, and
recreation — * 16,895
Accommodation and food services — * 69,319
Other services — 144,766
Foreign
dividend
income
Major and selected minor resulting from Net income
industrial group foreign taxes (less deficit)
deemed paid
(gross-up)
(7) (8)
All industries 27,092,409 398,898,244
Agriculture, forestry, fishing,
and hunting * 43,927 483,149
Mining 117,991 3,961,566
Metal mining * 16,915 288,995
Coal mining * 109 * 194,282
Oil and gas extraction * 13,180 * 825,164
Nonmetallic minerals, except
fuels 87,786 2,653,125
Utilities 588,933 10,587,727
Construction * 31,498 878,480
General building contractors * 24,831 400,320
Heavy construction contractors * 2,121 375,250
Special trade contractors * 4,546 78,131
Manufacturing 21,150,959 188,367,924
Food manufacturing 1,046,028 8,811,241
Beverage and tobacco product
manufacturing * 1,629,176 11,562,301
Beverage manufactures * 538,723 3,993,071
Tobacco manufactures * 1,090,453 * 7,569,230
Textile mill and textile
products mills 14,351 518,576
Apparel manufacturing * 158,478 1,746,592
Wood product manufacturing * 2,325 767,894
Paper manufacturing 485,695 4,152,127
Printing and related support
activities * 1,423 412,594
Petroleum and coal products
manufacturing 2,894,834 21,053,878
Chemical manufacturing 5,081,376 41,571,896
Pharmaceutical and medicine
manufacturing 2,539,621 20,724,381
Other chemical manufacturing 2,541,756 20,847,515
Plastics and rubber products
manufacturing 343,973 2,194,162
Nonmeticallic mineral product
manufacturing 203,170 1,859,250
Primary metal manufacturing 258,125 2,743,242
Fabricated metal product
manufacturing 517,814 5,687,430
Machinery manufacturing 1,574,683 15,713,590
Computer and electronic products 2,696,812 32,775,807
Electrical equipment, applicance,
and component 1,389,488 8,907,948
Transportation equipment
manufacturing 2,527,878 21,445,597
Motor vehicles and equipment 2,308,444 15,840,430
Other transportation equipment
manufacturing 219,434 5,605,167
Furniture and related products * 50,050 976,370
Miscellaneous manufacturing and
manufacturing not allocable 275,280 5,467,428
Wholesale and retail trade 747,557 30,125,190
Wholesale trade 504,838 10,791,346
Durable goods 84,426 5,528,927
Nondurable goods 420,413 5,262,419
Drugs, chemicals, and allied
products * 38,524 * 674,197
Petroleum and petroleum
products * 22 73,176
Other miscellaneous wholesale
trade * 53,602 392,141
Other nondurable goods 328,265 4,122,905
Retail trade 242,719 19,333,844
Motor vehicle and parts dealers — * 37,710
Food and beverage stores — * 181,369
Clothing and clothing
accessories stores * 191,858 3,876,947
General merchandise stores * 10,620 * 9,786,220
All other retail stores 40,241 5,451,600
Transportation and warehousing 64,475 6,766,200
Transportation 64,024 6,757,541
Water transportation * 17,061 465,050
All other transportation 46,964 6,292,491
Warehousing and storage * 450 * 8,659
Information 1,276,973 36,395,986
Publishing industries 491,675 10,596,026
Motion picture and sound
recording industries * 119,264 2,375,541
Broadcasting and
telecommunications * 447,921 20,318,811
Broadcasting * 167,479 2,650,164
Telecommunications * 280,442 17,668,647
Information and data processing
services * 218,114 3,105,608
Finance, insurance, and real estate 1,371,051 76,170,975
Finance and insurance 1,363,714 75,599,871
Depository credit
intermediation * 17 398,305
Nondepository credit
intermediation * 41,706 5,428,608
Securities, commodity
contracts, etc 796,549 13,105,902
Insurance carriers and related
activities 525,441 56,565,860
Other finance and insurance — 101,195
Real estate and rental and
leasing * 7,337 571,104
Services 1,651,554 43,546,409
Professional, scientific, and
technical services 179,001 7,741,146
Management of companies (holding
companies) 1,071,340 26,034,004
Educational, health care, and
social assistance * 22,488 2,388,312
Arts, entertainment, and
recreation * 19,798 239,313
Accommodation and food services * 207,254 3,905,179
Other services 151,673 3,238,455
U.S. income
tax before
credits
Income
Major and selected minor subject to Total
industrial group U.S. tax
(9) (10)
All industries 377,129,783 132,740,630
Agriculture, forestry, fishing,
and hunting 460,741 160,561
Mining 3,688,470 1,336,802
Metal mining 286,114 103,746
Coal mining * 189,300 * 74,314
Oil and gas extraction * 753,081 * 281,127
Nonmetallic minerals, except
fuels 2,459,975 877,614
Utilities 10,530,100 3,689,081
Construction 853,177 298,436
General building contractors 383,031 132,750
Heavy construction contractors 373,214 131,826
Special trade contractors 72,692 25,117
Manufacturing 176,643,120 62,266,015
Food manufacturing 8,516,790 3,008,482
Beverage and tobacco product
manufacturing 10,966,805 3,847,052
Beverage manufactures 3,656,875 1,288,576
Tobacco manufactures * 7,309,930 * 2,558,475
Textile mill and textile
products mills 455,189 160,574
Apparel manufacturing 1,741,726 616,189
Wood product manufacturing 736,160 257,554
Paper manufacturing 4,008,568 1,418,543
Printing and related support
activities 409,821 143,100
Petroleum and coal products
manufacturing 20,561,418 7,207,305
Chemical manufacturing 38,046,451 13,407,403
Pharmaceutical and medicine
manufacturing 19,080,976 6,684,909
Other chemical manufacturing 18,965,475 6,722,494
Plastics and rubber products
manufacturing 2,100,658 735,110
Nonmeticallic mineral product
manufacturing 1,706,378 600,350
Primary metal manufacturing 2,517,785 881,953
Fabricated metal product
manufacturing 5,423,217 1,896,616
Machinery manufacturing 14,220,598 4,986,844
Computer and electronic products 30,722,615 10,890,520
Electrical equipment, applicance,
and component 8,367,441 2,883,494
Transportation equipment
manufacturing 20,141,949 7,220,634
Motor vehicles and equipment 15,198,675 5,491,076
Other transportation equipment
manufacturing 4,943,273 1,729,558
Furniture and related products 961,317 335,769
Miscellaneous manufacturing and
manufacturing not allocable 5,038,232 1,768,524
Wholesale and retail trade 29,447,253 10,325,525
Wholesale trade 10,199,230 3,578,338
Durable goods 5,293,601 1,848,786
Nondurable goods 4,905,629 1,729,552
Drugs, chemicals, and allied
products * 578,675 * 202,458
Petroleum and petroleum
products 71,174 24,045
Other miscellaneous wholesale
trade 316,442 110,451
Other nondurable goods 3,939,339 1,392,598
Retail trade 19,248,023 6,747,187
Motor vehicle and parts dealers * 37,526 * 12,967
Food and beverage stores * 179,736 * 61,527
Clothing and clothing
accessories stores 3,869,289 1,364,978
General merchandise stores * 9,742,339 * 3,410,043
All other retail stores 5,419,133 1,897,672
Transportation and warehousing 6,167,224 2,201,616
Transportation 6,158,971 2,198,810
Water transportation 407,239 146,760
All other transportation 5,751,731 2,052,050
Warehousing and storage * 8,253 * 2,806
Information 34,674,070 12,144,430
Publishing industries 9,378,929 3,313,690
Motion picture and sound
recording industries 2,232,989 784,763
Broadcasting and
telecommunications 20,030,173 6,984,901
Broadcasting 2,422,045 848,869
Telecommunications 17,608,128 6,136,032
Information and data processing
services 3,031,979 1,061,077
Finance, insurance, and real estate 70,649,020 24,863,054
Finance and insurance 70,199,824 24,704,831
Depository credit
intermediation 382,846 132,920
Nondepository credit
intermediation 5,229,377 1,830,110
Securities, commodity
contracts, etc 12,470,039 4,372,533
Insurance carriers and related
activities 52,016,745 18,333,963
Other finance and insurance * 100,817 * 35,306
Real estate and rental and
leasing 449,196 158,223
Services 42,409,299 14,888,593
Professional, scientific, and
technical services 7,317,795 2,563,971
Management of companies (holding
companies) 25,470,688 8,949,661
Educational, health care, and
social assistance 2,363,945 826,885
Arts, entertainment, and
recreation 225,954 78,435
Accommodation and food services 3,849,620 1,354,676
Other services 3,181,298 1,114,964
U.S. income
tax before
credits
Regular and
Major and selected minor alternative Foreign tax
industrial group minimum credit
tax claimed
(11) (12)
All industries 132,832,709 37,338,380
Agriculture, forestry, fishing,
and hunting 160,558 54,317
Mining 1,335,765 501,907
Metal mining 103,556 74,417
Coal mining * 74,314 * 13,124
Oil and gas extraction * 281,127 * 142,640
Nonmetallic minerals, except
fuels 876,768 271,727
Utilities 3,688,583 529,461
Construction 295,555 49,696
General building contractors 132,601 29,431
Heavy construction contractors 130,020 11,338
Special trade contractors 24,905 7,910
Manufacturing 62,365,963 26,738,054
Food manufacturing 3,008,475 1,174,614
Beverage and tobacco product
manufacturing 3,847,052 1,975,815
Beverage manufactures 1,288,576 761,321
Tobacco manufactures * 2,558,475 * 1,214,494
Textile mill and textile
products mills 160,574 14,720
Apparel manufacturing 616,007 158,515
Wood product manufacturing 257,554 6,949
Paper manufacturing 1,418,797 553,314
Printing and related support
activities 143,100 3,030
Petroleum and coal products
manufacturing 7,214,608 4,268,386
Chemical manufacturing 13,407,504 5,522,571
Pharmaceutical and medicine
manufacturing 6,684,909 2,660,359
Other chemical manufacturing 6,722,595 2,862,211
Plastics and rubber products
manufacturing 736,932 334,187
Nonmeticallic mineral product
manufacturing 600,350 142,795
Primary metal manufacturing 893,599 350,613
Fabricated metal product
manufacturing 1,896,534 597,459
Machinery manufacturing 4,987,219 2,049,854
Computer and electronic products 10,890,507 4,839,162
Electrical equipment, applicance,
and component 2,974,022 1,481,993
Transportation equipment
manufacturing 7,208,831 2,909,198
Motor vehicles and equipment 5,479,053 2,598,447
Other transportation equipment
manufacturing 1,729,779 310,751
Furniture and related products 335,781 53,436
Miscellaneous manufacturing and
manufacturing not allocable 1,768,516 301,444
Wholesale and retail trade 10,327,617 1,033,628
Wholesale trade 3,578,612 574,516
Durable goods 1,849,074 100,685
Nondurable goods 1,729,538 473,832
Drugs, chemicals, and allied
products * 202,458 * 49,906
Petroleum and petroleum
products 24,045 2,880
Other miscellaneous wholesale
trade 110,451 30,043
Other nondurable goods 1,392,584 391,002
Retail trade 6,749,005 459,112
Motor vehicle and parts dealers * 12,967 * 116
Food and beverage stores * 62,913 * 10,016
Clothing and clothing
accessories stores 1,364,978 247,749
General merchandise stores * 3,410,039 * 66,037
All other retail stores 1,898,108 135,194
Transportation and warehousing 2,201,616 149,813
Transportation 2,198,810 149,234
Water transportation 146,760 56,152
All other transportation 2,052,050 93,082
Warehousing and storage * 2,806 * 579
Information 12,147,233 1,608,877
Publishing industries 3,311,596 697,470
Motion picture and sound
recording industries 783,973 122,179
Broadcasting and
telecommunications 6,990,587 536,669
Broadcasting 848,868 235,176
Telecommunications 6,141,719 301,493
Information and data processing
services 1,061,077 252,559
Finance, insurance, and real estate 24,858,995 3,065,854
Finance and insurance 24,702,565 3,053,584
Depository credit
intermediation 132,920 6,606
Nondepository credit
intermediation 1,830,106 197,499
Securities, commodity
contracts, etc 4,371,164 1,403,892
Insurance carriers and related
activities 18,333,070 1,444,097
Other finance and insurance * 35,306 * 1,490
Real estate and rental and
leasing 156,430 12,270
Services 14,884,313 3,571,425
Professional, scientific, and
technical services 2,562,392 397,237
Management of companies (holding
companies) 8,948,539 2,523,987
Educational, health care, and
social assistance 826,885 24,367
Arts, entertainment, and
recreation 78,435 55,543
Accommodation and food services 1,353,669 408,982
Other services 1,114,394 161,310
U.S. General
Major and selected minor possessions business
industrial group tax credit credit
(13) (14)
All industries 339,990 3,855,629
Agriculture, forestry, fishing,
and hunting — * 5,431
Mining — * 55,317
Metal mining — * 3
Coal mining — * 1
Oil and gas extraction —
Nonmetallic minerals, except
fuels — * 55,313
Utilities — 117,513
Construction — * 10,507
General building contractors — * 10,234
Heavy construction contractors — * 227
Special trade contractors — * 2
Manufacturing 333,719 2,232,476
Food manufacturing * 155 62,698
Beverage and tobacco product
manufacturing * 45,056 * 19,871
Beverage manufactures * 45,056 * 2,539
Tobacco manufactures — * 17,332
Textile mill and textile
products mills — * 3,068
Apparel manufacturing * 229 * 4,136
Wood product manufacturing — * 713
Paper manufacturing * 114 51,509
Printing and related support
activities * 348 * 792
Petroleum and coal products
manufacturing — 152,729
Chemical manufacturing * 264,297 611,826
Pharmaceutical and medicine
manufacturing * 260,579 469,941
Other chemical manufacturing * 3,718 141,885
Plastics and rubber products
manufacturing — 10,136
Nonmeticallic mineral product
manufacturing — 6,151
Primary metal manufacturing — 17,138
Fabricated metal product
manufacturing * 784 11,287
Machinery manufacturing * 14,545 126,609
Computer and electronic products — 559,034
Electrical equipment, applicance,
and component — 40,146
Transportation equipment
manufacturing — 481,735
Motor vehicles and equipment — 416,673
Other transportation equipment
manufacturing — 65,063
Furniture and related products — * 3,743
Miscellaneous manufacturing and
manufacturing not allocable * 8,190 69,154
Wholesale and retail trade — 168,647
Wholesale trade — 74,672
Durable goods — 28,049
Nondurable goods — 46,623
Drugs, chemicals, and allied
products — * 3,889
Petroleum and petroleum
products — —
Other miscellaneous wholesale
trade — * 5,701
Other nondurable goods — 37,033
Retail trade — 93,975
Motor vehicle and parts dealers — * 33
Food and beverage stores — * 1,201
Clothing and clothing
accessories stores — * 6,187
General merchandise stores — * 57,640
All other retail stores — 28,914
Transportation and warehousing — 36,451
Transportation — 36,451
Water transportation — * 1,438
All other transportation — 35,013
Warehousing and storage — —
Information — 265,171
Publishing industries — 58,516
Motion picture and sound
recording industries — * 1,340
Broadcasting and
telecommunications — * 116,282
Broadcasting — * 11,862
Telecommunications * 104,420
Information and data processing
services — * 89,032
Finance, insurance, and real estate — 364,373
Finance and insurance — 364,279
Depository credit
intermediation — * 670
Nondepository credit
intermediation — * 56,134
Securities, commodity
contracts, etc — 34,830
Insurance carriers and related
activities — 272,645
Other finance and insurance — —
Real estate and rental and
leasing — * 94
Services * 6,271 589,557
Professional, scientific, and
technical services — 145,258
Management of companies (holding
companies) — 343,971
Educational, health care, and
social assistance — * 4,037
Arts, entertainment, and
recreation — * 1,590
Accommodation and food services * 6,271 75,424
Other services — 19,278
Foreign
income and
taxes
reported on
Form 1118
Gross
income
(less loss)
U.S. income
Major and selected minor tax after Total
industrial group credits (3)
(15) (16)
All industries 88,652,512 349,386,789
Agriculture, forestry, fishing,
and hunting 98,620 290,450
Mining 766,093 5,357,393
Metal mining 24,943 488,846
Coal mining * 61,175 * 111,146
Oil and gas extraction * 138,179 * 1,602,459
Nonmetallic minerals, except
fuels 541,796 3,154,942
Utilities 2,863,952 3,303,485
Construction 231,872 558,544
General building contractors 88,316 251,516
Heavy construction contractors 118,861 166,883
Special trade contractors 17,013 119,501
Manufacturing 31,917,015 167,963,972
Food manufacturing 1,720,133 5,977,147
Beverage and tobacco product
manufacturing 1,796,279 11,089,926
Beverage manufactures 478,715 4,814,672
Tobacco manufactures * 1,317,564 * 6,275,254
Textile mill and textile
products mills 138,676 218,292
Apparel manufacturing 453,306 833,084
Wood product manufacturing 234,840 86,802
Paper manufacturing 797,546 2,408,960
Printing and related support
activities 138,502 55,999
Petroleum and coal products
manufacturing 2,381,235 27,941,656
Chemical manufacturing 6,795,989 32,412,739
Pharmaceutical and medicine
manufacturing 3,247,792 14,704,055
Other chemical manufacturing 3,548,197 17,708,684
Plastics and rubber products
manufacturing 340,754 1,701,562
Nonmeticallic mineral product
manufacturing 434,974 822,084
Primary metal manufacturing 465,273 2,021,069
Fabricated metal product
manufacturing 1,277,209 3,088,191
Machinery manufacturing 2,753,231 12,658,071
Computer and electronic products 5,393,982 36,075,703
Electrical equipment, applicance,
and component 1,351,433 11,519,570
Transportation equipment
manufacturing 3,779,696 15,895,256
Motor vehicles and equipment 2,442,052 11,494,280
Other transportation equipment
manufacturing 1,337,644 4,400,976
Furniture and related products 278,057 222,264
Miscellaneous manufacturing and
manufacturing not allocable 1,385,899 2,935,598
Wholesale and retail trade 8,837,072 9,007,432
Wholesale trade 2,716,677 5,705,569
Durable goods 1,619,886 1,276,168
Nondurable goods 1,096,791 4,429,402
Drugs, chemicals, and allied
products * 126,790 * 407,979
Petroleum and petroleum
products 18,276 69,278
Other miscellaneous wholesale
trade 61,190 333,308
Other nondurable goods 890,536 3,618,837
Retail trade 6,120,395 3,301,863
Motor vehicle and parts dealers * 12,777 * 1,164
Food and beverage stores * 50,310 * 73,973
Clothing and clothing
accessories stores 1,107,324 1,325,951
General merchandise stores * 3,221,392 * 714,141
All other retail stores 1,728,591 1,186,635
Transportation and warehousing 1,571,390 9,086,753
Transportation 1,569,162 9,083,166
Water transportation 77,840 309,614
All other transportation 1,491,322 8,773,553
Warehousing and storage * 2,227 * 3,587
Information 10,238,779 31,202,763
Publishing industries 2,551,891 16,703,997
Motion picture and sound
recording industries 661,154 2,060,009
Broadcasting and
telecommunications 6,309,669 10,185,150
Broadcasting * 600,909 3,977,269
Telecommunications 5,708,760 6,207,881
Information and data processing
services 716,064 2,253,606
Finance, insurance, and real estate 21,073,736 55,137,632
Finance and insurance 20,928,406 54,984,526
Depository credit
intermediation 125,515 211,210
Nondepository credit
intermediation 1,575,206 8,555,687
Securities, commodity
contracts, etc 2,841,052 21,356,984
Insurance carriers and related
activities 16,352,818 24,793,095
Other finance and insurance * 33,816 * 67,550
Real estate and rental and
leasing 145,330 153,106
Services 10,542,141 67,282,303
Professional, scientific, and
technical services 2,010,747 7,461,182
Management of companies (holding
companies) 5,962,897 54,946,522
Educational, health care, and
social assistance 797,701 241,073
Arts, entertainment, and
recreation 21,259 559,701
Accommodation and food services 861,866 2,904,182
Other services 887,670 1,169,643
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Foreign
dividend
income
Major and selected minor Dividends resulting from
industrial group foreign taxes
deemed paid
(gross-up)
(17) (18)
All industries 60,541,096 27,074,099
Agriculture, forestry, fishing,
and hunting 62,274 * 43,927
Mining 363,579 117,974
Metal mining * 26,566 * 16,915
Coal mining * 420 * 109
Oil and gas extraction * 61,604 * 13,164
Nonmetallic minerals, except
fuels 274,989 87,786
Utilities 1,407,780 588,656
Construction 47,556 * 31,498
General building contractors 35,491 * 24,831
Heavy construction contractors * 3,949 * 2,121
Special trade contractors 8,073 * 4,546
Manufacturing 44,303,840 21,134,234
Food manufacturing 2,328,590 1,046,341
Beverage and tobacco product
manufacturing * 3,573,477 * 1,618,222
Beverage manufactures * 1,274,468 * 538,518
Tobacco manufactures * 2,299,009 * 1,079,703
Textile mill and textile
products mills 44,819 14,348
Apparel manufacturing 278,957 158,483
Wood product manufacturing * 6,531 * 2,325
Paper manufacturing 792,947 485,695
Printing and related support
activities * 7,480 * 1,423
Petroleum and coal products
manufacturing 6,072,307 2,893,166
Chemical manufacturing 9,958,280 5,078,100
Pharmaceutical and medicine
manufacturing 4,394,083 2,536,194
Other chemical manufacturing 5,564,197 2,541,906
Plastics and rubber products
manufacturing 505,843 343,973
Nonmeticallic mineral product
manufacturing 426,917 203,170
Primary metal manufacturing 682,164 258,075
Fabricated metal product
manufacturing 980,240 518,019
Machinery manufacturing 4,571,173 1,574,369
Computer and electronic products 6,483,683 2,696,496
Electrical equipment, applicance,
and component 1,385,368 1,389,440
Transportation equipment
manufacturing 5,216,959 2,527,923
Motor vehicles and equipment 4,642,366 2,308,489
Other transportation equipment
manufacturing 574,593 219,434
Furniture and related products * 123,173 * 50,050
Miscellaneous manufacturing and
manufacturing not allocable 864,935 274,615
Wholesale and retail trade 2,595,939 747,611
Wholesale trade 1,760,574 504,884
Durable goods 182,581 84,425
Nondurable goods 1,577,993 420,459
Drugs, chemicals, and allied
products * 129,246 * 38,524
Petroleum and petroleum
products * 1,379 * 22
Other miscellaneous wholesale
trade * 135,132 * 53,604
Other nondurable goods 1,312,236 328,309
Retail trade 835,365 242,727
Motor vehicle and parts dealers * 16 —
Food and beverage stores * 10 —
Clothing and clothing
accessories stores 666,547 * 191,863
General merchandise stores * 73,041 * 10,620
All other retail stores 95,751 40,244
Transportation and warehousing 162,535 64,475
Transportation 161,036 64,024
Water transportation * 72,101 * 17,060
All other transportation 88,935 46,964
Warehousing and storage * 1,499 * 450
Information 3,115,765 1,274,993
Publishing industries 1,012,435 491,674
Motion picture and sound
recording industries 214,209 * 119,264
Broadcasting and
telecommunications 1,569,335 * 445,981
Broadcasting * 804,809 * 165,595
Telecommunications * 764,526 * 280,387
Information and data processing
services * 319,787 * 218,073
Finance, insurance, and real estate 4,464,750 1,370,649
Finance and insurance 4,448,156 1,363,312
Depository credit
intermediation 5,799 * 24
Nondepository credit
intermediation 372,548 * 41,706
Securities, commodity
contracts, etc 1,313,005 796,571
Insurance carriers and related
activities 2,756,780 525,011
Other finance and insurance * 24 —
Real estate and rental and
leasing 16,594 * 7,337
Services 3,928,370 1,652,590
Professional, scientific, and
technical services 449,347 180,575
Management of companies (holding
companies) 2,695,659 1,070,770
Educational, health care, and
social assistance 44,026 * 22,488
Arts, entertainment, and
recreation * 108,719 * 19,798
Accommodation and food services 256,541 * 207,254
Other services 374,077 151,706
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Rents,
Major and selected minor royalties,
industrial group Interest and
license fees
(19) (20)
All industries 68,413,782 55,875,295
Agriculture, forestry, fishing,
and hunting * 26,361 * 18,293
Mining 228,918 409,764
Metal mining * 40,286 * 127
Coal mining * 21,052 —
Oil and gas extraction * 93,075 * 50,610
Nonmetallic minerals, except
fuels 74,505 359,027
Utilities 566,225 * 40,447
Construction 5,390 19,911
General building contractors * 2,900 * 8,316
Heavy construction contractors * 98 * 7,816
Special trade contractors * 2,345 * 3,780
Manufacturing 9,412,797 35,137,332
Food manufacturing 122,402 706,982
Beverage and tobacco product
manufacturing 274,635 * 2,589,306
Beverage manufactures * 223,093 * 1,423,065
Tobacco manufactures * 51,542 * 1,166,241
Textile mill and textile
products mills * 33,055 * 45,415
Apparel manufacturing 6,121 293,924
Wood product manufacturing * 33,760 * 10,499
Paper manufacturing 45,279 513,358
Printing and related support
activities * 756 * 15,191
Petroleum and coal products
manufacturing 3,798,365 503,055
Chemical manufacturing 847,523 6,454,181
Pharmaceutical and medicine
manufacturing 258,788 2,840,547
Other chemical manufacturing 588,735 3,613,634
Plastics and rubber products
manufacturing 62,863 362,009
Nonmeticallic mineral product
manufacturing 14,797 104,984
Primary metal manufacturing 115,563 102,429
Fabricated metal product
manufacturing 96,405 244,060
Machinery manufacturing 638,806 1,491,328
Computer and electronic products 672,790 17,682,296
Electrical equipment, applicance,
and component 1,749,019 838,993
Transportation equipment
manufacturing 822,001 2,501,494
Motor vehicles and equipment 402,737 1,771,231
Other transportation equipment
manufacturing 419,264 730,263
Furniture and related products * 7,405 10,029
Miscellaneous manufacturing and
manufacturing not allocable 71,251 667,798
Wholesale and retail trade 416,232 1,058,946
Wholesale trade 348,788 336,797
Durable goods 99,613 74,992
Nondurable goods 249,175 261,806
Drugs, chemicals, and allied
products * 8,595 * 109,956
Petroleum and petroleum
products * 10,463 * 4,844
Other miscellaneous wholesale
trade * 4,347 * 309
Other nondurable goods 225,769 146,697
Retail trade 67,444 722,149
Motor vehicle and parts dealers * 257 * 699
Food and beverage stores * 3,479 * 69,056
Clothing and clothing
accessories stores * 7,714 88,647
General merchandise stores * 21,179 * 137,559
All other retail stores 34,815 426,188
Transportation and warehousing 54,343 72,419
Transportation 52,716 72,419
Water transportation * 6,814 * 110
All other transportation 45,902 72,309
Warehousing and storage * 1,627 —
Information 453,340 13,941,701
Publishing industries 104,523 10,342,629
Motion picture and sound
recording industries * 306 404,723
Broadcasting and
telecommunications * 297,735 2,858,142
Broadcasting * 150,186 * 2,700,489
Telecommunications * 147,549 * 157,653
Information and data processing
services * 50,776 * 336,207
Finance, insurance, and real estate 22,304,212 1,170,297
Finance and insurance 22,281,377 1,112,009
Depository credit
intermediation * 196,163 * 284
Nondepository credit
intermediation 2,002,612 * 199,180
Securities, commodity
contracts, etc 12,415,304 95,022
Insurance carriers and related
activities 7,666,755 813,100
Other finance and insurance * 542 * 4,422
Real estate and rental and
leasing 22,836 58,288
Services 34,944,806 4,006,186
Professional, scientific, and
technical services 104,638 1,563,225
Management of companies (holding
companies) 34,484,151 1,385,281
Educational, health care, and
social assistance * 396 41,491
Arts, entertainment, and
recreation * 2,187 110,053
Accommodation and food services 268,550 744,483
Other services 84,884 161,654
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Major and selected minor Service Other
industrial group income income
(21) (22)
All industries 23,414,004 114,068,512
Agriculture, forestry, fishing,
and hunting * 1 * 139,654
Mining 2,043,709 2,193,449
Metal mining * 6,144 398,808
Coal mining — * 89,564
Oil and gas extraction * 219,828 * 1,164,178
Nonmetallic minerals, except
fuels 1,817,736 540,898
Utilities 127,571 572,805
Construction 331,390 122,799
General building contractors * 172,058 * 7,920
Heavy construction contractors * 110,234 * 42,665
Special trade contractors * 28,704 * 72,052
Manufacturing 3,360,666 54,615,104
Food manufacturing * 46,465 1,726,367
Beverage and tobacco product
manufacturing * 110,319 2,923,967
Beverage manufactures * 110,319 * 1,245,209
Tobacco manufactures — * 1,678,758
Textile mill and textile
products mills * 1,951 * 78,706
Apparel manufacturing * 11,624 * 83,974
Wood product manufacturing — * 33,688
Paper manufacturing * 51,090 520,591
Printing and related support
activities * 12,428 * 18,721
Petroleum and coal products
manufacturing * 97,998 14,576,765
Chemical manufacturing 470,718 9,603,936
Pharmaceutical and medicine
manufacturing * 222,553 4,451,890
Other chemical manufacturing 248,165 5,152,046
Plastics and rubber products
manufacturing * 35,622 391,253
Nonmeticallic mineral product
manufacturing * 9,714 62,502
Primary metal manufacturing * 12,613 850,225
Fabricated metal product
manufacturing 109,198 1,140,269
Machinery manufacturing 213,693 4,168,702
Computer and electronic products 544,708 7,995,730
Electrical equipment, applicance,
and component 976,492 5,180,258
Transportation equipment
manufacturing 628,267 4,198,612
Motor vehicles and equipment * 3,838 2,365,619
Other transportation equipment
manufacturing * 624,429 1,832,994
Furniture and related products — 31,607
Miscellaneous manufacturing and
manufacturing not allocable 27,766 1,029,233
Wholesale and retail trade 500,106 3,688,599
Wholesale trade 139,047 2,615,479
Durable goods 42,315 792,242
Nondurable goods 96,732 1,823,237
Drugs, chemicals, and allied
products * 2,697 * 118,960
Petroleum and petroleum
products * 3,929 * 48,640
Other miscellaneous wholesale
trade * 3,444 * 136,473
Other nondurable goods 86,661 1,519,164
Retail trade * 361,059 1,073,120
Motor vehicle and parts dealers — * 192
Food and beverage stores — * 1,428
Clothing and clothing
accessories stores — 371,180
General merchandise stores * 191,669 * 280,073
All other retail stores * 169,390 420,247
Transportation and warehousing 8,695,634 37,348
Transportation 8,695,634 37,337
Water transportation * 187,447 * 26,081
All other transportation 8,508,187 11,256
Warehousing and storage — * 11
Information 1,597,173 10,819,790
Publishing industries 207,483 4,545,253
Motion picture and sound
recording industries * 14,305 * 1,307,203
Broadcasting and
telecommunications * 260,557 4,753,400
Broadcasting * 682 * 155,508
Telecommunications * 259,876 * 4,597,892
Information and data processing
services 1,114,828 * 213,935
Finance, insurance, and real estate 2,818,974 23,008,749
Finance and insurance 2,782,489 22,997,183
Depository credit
intermediation * 8,644 * 296
Nondepository credit
intermediation * 664,182 5,275,458
Securities, commodity
contracts, etc 463,381 6,273,700
Insurance carriers and related
activities 1,632,749 11,398,701
Other finance and insurance * 13,534 * 49,027
Real estate and rental and
leasing * 36,485 11,567
Services 3,938,780 18,811,570
Professional, scientific, and
technical services 2,675,154 2,488,243
Management of companies (holding
companies) 541,363 14,769,299
Educational, health care, and
social assistance * 94,736 * 37,936
Arts, entertainment, and
recreation * 308,281 * 10,663
Accommodation and food services * 110,711 1,316,643
Other services 208,536 188,787
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Oil and gas
Major and selected minor extraction Foreign
industrial group income branch
(less loss) (4) income (4)
(23) (24)
All industries 15,127,351 87,251,267
Agriculture, forestry, fishing,
and hunting — —
Mining * 369,280 1,975,904
Metal mining * 358,226 * 159,600
Coal mining — * 61,285
Oil and gas extraction — * 234,332
Nonmetallic minerals, except
fuels * 11,054 1,520,687
Utilities * 2,372 * 621,175
Construction — * 107,451
General building contractors — * 51,692
Heavy construction contractors — * 27,581
Special trade contractors — * 19,856
Manufacturing 14,612,814 21,097,281
Food manufacturing — 792,900
Beverage and tobacco product
manufacturing — * 1,791,352
Beverage manufactures — * 836,534
Tobacco manufactures — * 954,818
Textile mill and textile
products mills — * 601
Apparel manufacturing — * 78,688
Wood product manufacturing — * 1,129
Paper manufacturing — 15,700
Printing and related support
activities — * 18,342
Petroleum and coal products
manufacturing 13,143,975 9,138,087
Chemical manufacturing * 1,468,839 3,679,394
Pharmaceutical and medicine
manufacturing — 1,307,237
Other chemical manufacturing * 1,468,839 2,372,157
Plastics and rubber products
manufacturing — 103,107
Nonmeticallic mineral product
manufacturing — * 4,560
Primary metal manufacturing — * 264,854
Fabricated metal product
manufacturing — 397,529
Machinery manufacturing — 742,583
Computer and electronic products — 1,709,617
Electrical equipment, applicance,
and component — 498,120
Transportation equipment
manufacturing — 1,654,108
Motor vehicles and equipment — 1,240,572
Other transportation equipment
manufacturing — * 413,536
Furniture and related products — * 19,346
Miscellaneous manufacturing and
manufacturing not allocable — 187,264
Wholesale and retail trade * 111,489 1,682,666
Wholesale trade * 111,489 789,497
Durable goods — 131,553
Nondurable goods * 111,489 657,944
Drugs, chemicals, and allied
products — * 55,212
Petroleum and petroleum
products — * 13,972
Other miscellaneous wholesale
trade * 111,489 * 3,608
Other nondurable goods — 585,153
Retail trade — 893,169
Motor vehicle and parts dealers — —
Food and beverage stores — —
Clothing and clothing
accessories stores — * 227,122
General merchandise stores — * 284,521
All other retail stores — * 381,526
Transportation and warehousing — 4,724,738
Transportation — 4,724,738
Water transportation — * 25,300
All other transportation — 4,699,438
Warehousing and storage — —
Information — 3,054,897
Publishing industries — 1,904,993
Motion picture and sound
recording industries — * 9,740
Broadcasting and
telecommunications — * 617,803
Broadcasting — * 10,119
Telecommunications — * 607,683
Information and data processing
services — * 522,362
Finance, insurance, and real estate — 15,943,921
Finance and insurance — 15,915,658
Depository credit
intermediation — —
Nondepository credit
intermediation — * 2,304,032
Securities, commodity
contracts, etc — 4,343,440
Insurance carriers and related
activities — 9,218,616
Other finance and insurance — * 49,570
Real estate and rental and
leasing — * 28,264
Services * 20,542 37,879,859
Professional, scientific, and
technical services — 2,291,696
Management of companies (holding
companies) * 20,542 33,985,663
Educational, health care, and
social assistance — * 6,801
Arts, entertainment, and
recreation — * 155,495
Accommodation and food services — * 1,301,150
Other services — 139,053
Foreign income and taxes
reported on Form 1118
Gross
income Deductions
(less loss)
Specifically
allocable
Major and selected minor income Total
industrial group [section
863(b)] (4)
(25) (26)
All industries 9,176,112 202,269,920
Agriculture, forestry, fishing,
and hunting * 127,202 * 119,484
Mining — 3,290,604
Metal mining — 229,896
Coal mining — * 63,206
Oil and gas extraction — * 1,148,101
Nonmetallic minerals, except
fuels — 1,849,402
Utilities — 1,225,796
Construction — 381,474
General building contractors — * 157,046
Heavy construction contractors — * 117,482
Special trade contractors — 89,464
Manufacturing 8,215,612 76,260,938
Food manufacturing * 71,879 2,354,105
Beverage and tobacco product
manufacturing — 4,155,100
Beverage manufactures — * 1,823,496
Tobacco manufactures — * 2,331,604
Textile mill and textile
products mills * 4,676 129,128
Apparel manufacturing * 1,788 204,782
Wood product manufacturing — * 44,725
Paper manufacturing * 43,218 782,845
Printing and related support
activities — * 20,196
Petroleum and coal products
manufacturing * 472,640 15,173,345
Chemical manufacturing 863,944 13,978,033
Pharmaceutical and medicine
manufacturing * 444,041 5,631,939
Other chemical manufacturing 419,903 8,346,094
Plastics and rubber products
manufacturing * 10,840 656,252
Nonmeticallic mineral product
manufacturing * 10,622 242,564
Primary metal manufacturing * 58,910 973,901
Fabricated metal product
manufacturing * 18,956 1,273,011
Machinery manufacturing 251,551 5,770,124
Computer and electronic products 3,578,401 15,481,479
Electrical equipment, applicance,
and component * 2,232,646 6,832,694
Transportation equipment
manufacturing * 448,384 6,444,599
Motor vehicles and equipment * 374,463 3,767,925
Other transportation equipment
manufacturing * 73,920 2,676,674
Furniture and related products * 4,683 57,699
Miscellaneous manufacturing and
manufacturing not allocable * 142,474 1,686,354
Wholesale and retail trade * 65,874 4,151,614
Wholesale trade * 63,685 2,892,810
Durable goods * 616 796,074
Nondurable goods * 63,069 2,096,736
Drugs, chemicals, and allied
products * 14,994 * 213,268
Petroleum and petroleum
products — * 46,680
Other miscellaneous wholesale
trade — * 229,037
Other nondurable goods * 48,075 1,607,751
Retail trade * 2,189 1,258,804
Motor vehicle and parts dealers — —
Food and beverage stores — * 3,751
Clothing and clothing
accessories stores — 311,800
General merchandise stores — * 436,750
All other retail stores * 2,189 506,503
Transportation and warehousing * 3,128 8,035,750
Transportation * 3,128 8,034,679
Water transportation — * 108,465
All other transportation * 3,128 7,926,213
Warehousing and storage — * 1,071
Information * 243,296 19,911,938
Publishing industries * 100,718 10,784,713
Motion picture and sound
recording industries — 884,778
Broadcasting and
telecommunications * 142,579 6,876,400
Broadcasting * 142,579 * 3,006,315
Telecommunications — 3,870,085
Information and data processing
services — 1,366,047
Finance, insurance, and real estate * 144 36,408,313
Finance and insurance * 144 36,320,336
Depository credit
intermediation — 173,558
Nondepository credit
intermediation — 7,377,832
Securities, commodity
contracts, etc * 144 14,361,469
Insurance carriers and related
activities — 14,352,225
Other finance and insurance — * 55,253
Real estate and rental and
leasing — 87,976
Services * 520,856 52,402,896
Professional, scientific, and
technical services * 512,590 5,226,906
Management of companies (holding
companies) — 44,446,560
Educational, health care, and
social assistance * 4,707 102,557
Arts, entertainment, and
recreation — * 367,160
Accommodation and food services * 350 1,676,414
Other services * 3,210 583,298
Foreign income and taxes
reported on Form 1118
Deductions
Deductions allocable to
specific types of income
Rental,
royalty,
and licensing
expenses
Depreciation,
Major and selected minor depletion,
industrial group Total and
amortization
(27) (28)
All industries 108,022,787 1,290,753
Agriculture, forestry, fishing,
and hunting * 71,634 —
Mining 2,451,032 102,247
Metal mining 154,820 * 9,961
Coal mining * 48,698 —
Oil and gas extraction * 915,505 —
Nonmetallic minerals, except
fuels 1,332,008 * 92,286
Utilities 581,522 * 5,784
Construction 336,455 * 1,183
General building contractors * 155,020 * 10
Heavy construction contractors * 91,695 * 1,148
Special trade contractors 72,257 * 25
Manufacturing 42,276,285 224,324
Food manufacturing 1,510,336 * 1,504
Beverage and tobacco product
manufacturing * 2,522,761 —
Beverage manufactures * 891,449 —
Tobacco manufactures * 1,631,312 —
Textile mill and textile
products mills 54,883 —
Apparel manufacturing * 96,498 * 53
Wood product manufacturing * 12,541 —
Paper manufacturing 255,978 * 5
Printing and related support
activities * 18,052 * 139
Petroleum and coal products
manufacturing 13,077,655 * 11,673
Chemical manufacturing 6,824,075 * 5,675
Pharmaceutical and medicine
manufacturing 2,728,037 —
Other chemical manufacturing 4,096,038 * 5,675
Plastics and rubber products
manufacturing 374,152 * 4,132
Nonmeticallic mineral product
manufacturing 96,769 * 31
Primary metal manufacturing 494,850 * 121,368
Fabricated metal product
manufacturing 813,211 * 1,592
Machinery manufacturing 2,672,733 * 1,109
Computer and electronic products 5,189,318 * 1,465
Electrical equipment, applicance,
and component 4,028,830 * 1,956
Transportation equipment
manufacturing 3,207,770 * 55,623
Motor vehicles and equipment 1,106,826 * 14,252
Other transportation equipment
manufacturing 2,100,944 * 41,371
Furniture and related products * 29,314 —
Miscellaneous manufacturing and
manufacturing not allocable 996,557 * 17,998
Wholesale and retail trade 2,682,751 4,979
Wholesale trade 1,880,720 3,499
Durable goods 430,400 * 1,589
Nondurable goods 1,450,320 * 1,910
Drugs, chemicals, and allied
products * 181,022 —
Petroleum and petroleum
products * 43,152 * 1,290
Other miscellaneous wholesale
trade * 126,842 —
Other nondurable goods 1,099,304 * 620
Retail trade 802,031 * 1,480
Motor vehicle and parts dealers — —
Food and beverage stores * 3,503 —
Clothing and clothing
accessories stores 248,324 * 1,057
General merchandise stores * 333,455 * 369
All other retail stores 216,749 * 54
Transportation and warehousing 7,795,999 * 1,503
Transportation 7,795,597 * 1,503
Water transportation * 84,749 * 333
All other transportation 7,710,848 * 1,169
Warehousing and storage * 402 —
Information 12,634,227 232,406
Publishing industries 4,871,963 * 366
Motion picture and sound
recording industries 734,423 * 13,707
Broadcasting and
telecommunications 5,913,584 * 212,896
Broadcasting * 2,484,485 * 212,230
Telecommunications 3,429,098 * 665
Information and data processing
services 1,114,258 * 5,438
Finance, insurance, and real estate 17,775,632 266,215
Finance and insurance 17,710,461 260,871
Depository credit
intermediation * 9,639 —
Nondepository credit
intermediation 5,423,519 * 64,021
Securities, commodity
contracts, etc 4,511,756 * 150,588
Insurance carriers and related
activities 7,710,406 * 45,630
Other finance and insurance * 55,141 * 632
Real estate and rental and
leasing 65,172 * 5,344
Services 21,383,528 452,113
Professional, scientific, and
technical services 4,488,326 13,765
Management of companies (holding
companies) 14,927,773 428,581
Educational, health care, and
social assistance 81,226 * 672
Arts, entertainment, and
recreation * 294,946 * 18
Accommodation and food services 1,226,056 * 1301
Other services 365,201 * 7,775
Foreign income and taxes
reported on Form 1118
Deductions
Deductions allocable to
specific types of income
Rental,
royalty,
and
licensing
expenses
Major and selected minor Service
industrial group Other expenses
(29) (30)
All industries 6,110,720 13,036,724
Agriculture, forestry, fishing,
and hunting * 686 * (2)
Mining 25,709 649,775
Metal mining * 247 * 1,023
Coal mining — —
Oil and gas extraction * 592 * 9,529
Nonmetallic minerals, except
fuels * 24,870 639,223
Utilities * 1,060 * 11,606
Construction * 1,675 256,540
General building contractors * 455 * 139,379
Heavy construction contractors * 992 * 84,747
Special trade contractors * 228 * 21,520
Manufacturing 1,741,975 1,240,576
Food manufacturing * 1,363 * 16,539
Beverage and tobacco product
manufacturing * 776,423 * 550
Beverage manufactures * 739,658 * 550
Tobacco manufactures * 36,764 —
Textile mill and textile
products mills — * 749
Apparel manufacturing * 9,614 * 4,185
Wood product manufacturing — —
Paper manufacturing * 10,500 * 6,389
Printing and related support
activities * 1,186 * 11,631
Petroleum and coal products
manufacturing * 267,487 * 108,026
Chemical manufacturing * 118,692 225,808
Pharmaceutical and medicine
manufacturing * 105,265 * 73,258
Other chemical manufacturing 13,426 152,550
Plastics and rubber products
manufacturing * 13,424 * 1,409
Nonmeticallic mineral product
manufacturing * 887 * 3,157
Primary metal manufacturing * 7,550 * 2,065
Fabricated metal product
manufacturing * 5,872 * 96,646
Machinery manufacturing 85,721 80,081
Computer and electronic products 73,520 122,762
Electrical equipment, applicance,
and component * 35,171 * 24,959
Transportation equipment
manufacturing * 190,840 * 530,726
Motor vehicles and equipment * 8,867 * 1,902
Other transportation equipment
manufacturing * 181,973 * 528,824
Furniture and related products * 865 —
Miscellaneous manufacturing and
manufacturing not allocable 142,860 * 4,894
Wholesale and retail trade 348,695 286,624
Wholesale trade 246,151 105,017
Durable goods 193,405 52,668
Nondurable goods 52,746 52,348
Drugs, chemicals, and allied
products — * 8,835
Petroleum and petroleum
products * 27,516 * 3,481
Other miscellaneous wholesale
trade * 209 * 767
Other nondurable goods * 25,021 * 39,266
Retail trade 102,544 * 181,608
Motor vehicle and parts dealers — —
Food and beverage stores * 2,595 —
Clothing and clothing
accessories stores * 86,339 —
General merchandise stores — * 88,917
All other retail stores * 13,610 * 92,691
Transportation and warehousing * 4,649 5,510,783
Transportation * 4,649 5,510,783
Water transportation * 1,758 * 82,001
All other transportation * 2,891 5,428,782
Warehousing and storage * (2) —
Information 2,283,489 1,282,885
Publishing industries 205,085 * 86,524
Motion picture and sound
recording industries * 149,554 * 10,344
Broadcasting and
telecommunications * 1,928,850 * 220,553
Broadcasting * 1,925,621 * 100
Telecommunications * 3,229 * 220,452
Information and data processing
services — * 965,464
Finance, insurance, and real estate 700,719 1,368,707
Finance and insurance 679,460 1,339,714
Depository credit
intermediation * 3 * 3,232
Nondepository credit
intermediation * 2,736 * 404,496
Securities, commodity
contracts, etc 448,697 * 196,687
Insurance carriers and related
activities 228,023 723,088
Other finance and insurance — * 12,210
Real estate and rental and
leasing 21,259 * 28,993
Services 1,001,519 * 2,429,227
Professional, scientific, and
technical services 514,651 * 1,757,229
Management of companies (holding
companies) 349,480 * 187,439
Educational, health care, and
social assistance * 3,105 * 48,129
Arts, entertainment, and
recreation * 70,495 * 222,708
Accommodation and food services 8,843 * 8,206
Other services 54,946 205,515
Foreign income and taxes
reported on Form 1118
Deductions
Deductions
not
allocable
to specific
types of
income
Other
deductions
Major and selected minor allocable
industrial group to specific Total
types of
income
(31) (32)
All industries 87,584,590 94,247,133
Agriculture, forestry, fishing,
and hunting * 70,947 * 47,851
Mining 1,673,301 839,572
Metal mining * 143,590 * 75,076
Coal mining * 48,698 * 14,507
Oil and gas extraction * 905,383 * 232,596
Nonmetallic minerals, except
fuels 575,630 517,394
Utilities 563,072 644,273
Construction 77,058 45,019
General building contractors * 15,176 * 2,026
Heavy construction contractors * 4,808 * 25,786
Special trade contractors * 50,485 * 17,207
Manufacturing 39,069,409 33,984,654
Food manufacturing 1,490,929 843,769
Beverage and tobacco product
manufacturing 1,745,788 * 1,632,339
Beverage manufactures * 151,240 * 932,047
Tobacco manufactures * 1,594,548 * 700,292
Textile mill and textile
products mills * 54,134 74,245
Apparel manufacturing * 82,646 108,283
Wood product manufacturing * 12,541 * 32,184
Paper manufacturing 239,083 526,868
Printing and related support
activities * 5,096 * 2,143
Petroleum and coal products
manufacturing 12,690,469 2,095,690
Chemical manufacturing 6,473,900 7,153,959
Pharmaceutical and medicine
manufacturing 2,549,513 2,903,902
Other chemical manufacturing 3,924,387 4,250,056
Plastics and rubber products
manufacturing 355,188 282,101
Nonmeticallic mineral product
manufacturing 92,694 145,795
Primary metal manufacturing 363,867 479,051
Fabricated metal product
manufacturing 709,101 459,800
Machinery manufacturing 2,505,822 3,097,391
Computer and electronic products 4,991,571 10,292,161
Electrical equipment, applicance,
and component 3,966,744 2,803,864
Transportation equipment
manufacturing 2,430,581 3,236,829
Motor vehicles and equipment 1,081,806 2,661,100
Other transportation equipment
manufacturing 1,348,776 575,730
Furniture and related products * 28,449 * 28,385
Miscellaneous manufacturing and
manufacturing not allocable 830,806 689,797
Wholesale and retail trade 2,042,453 1,468,863
Wholesale trade 1,526,054 1,012,089
Durable goods 182,738 365,674
Nondurable goods 1,343,316 646,415
Drugs, chemicals, and allied
products * 172,187 * 32,246
Petroleum and petroleum
products * 10,865 * 3,527
Other miscellaneous wholesale
trade * 125,866 * 102,195
Other nondurable goods 1,034,397 508,447
Retail trade 516,399 456,774
Motor vehicle and parts dealers — —
Food and beverage stores * 907 * 249
Clothing and clothing
accessories stores * 160,928 63,477
General merchandise stores * 244,170 * 103,295
All other retail stores 110,394 289,753
Transportation and warehousing 2,279,064 239,751
Transportation 2,278,662 239,081
Water transportation * 657 * 23,716
All other transportation 2,278,005 215,365
Warehousing and storage * 401 * 670
Information 8,835,447 7,277,711
Publishing industries 4,579,988 5,912,750
Motion picture and sound
recording industries * 560,818 150,355
Broadcasting and
telecommunications * 3,551,285 * 962,816
Broadcasting * 346,534 * 521,829
Telecommunications * 3,204,752 * 440,987
Information and data processing
services * 143,355 251,790
Finance, insurance, and real estate 15,439,991 18,632,680
Finance and insurance 15,430,416 18,609,876
Depository credit
intermediation * 6,403 * 163,919
Nondepository credit
intermediation * 4,952,265 1,954,313
Securities, commodity
contracts, etc 3,715,784 9,849,713
Insurance carriers and related
activities 6,713,664 6,641,819
Other finance and insurance * 42,299 * 111
Real estate and rental and
leasing 9,575 * 22,805
Services 17,500,670 31,019,368
Professional, scientific, and
technical services 2,202,681 738,580
Management of companies (holding
companies) 13,962,273 29,518,787
Educational, health care, and
social assistance * 29,321 * 21,331
Arts, entertainment, and
recreation * 1,724 * 72,215
Accommodation and food services 1,207,706 450,357
Other services 96,965 218,097
Foreign income and taxes
reported on Form 1118
Deductions
Deductions not allocable
to specific types of
income
Research
Major and selected minor and Interest
industrial group development
(33) (34)
All industries 9,876,318 49,478,293
Agriculture, forestry, fishing,
and hunting * 24,454 * 10,035
Mining * 54,061 295,441
Metal mining — * 35,278
Coal mining — * 12,044
Oil and gas extraction * 1,292 * 130,821
Nonmetallic minerals, except
fuels * 52,769 117,299
Utilities * 398 597,950
Construction * 415 * 8,334
General building contractors — * 1,342
Heavy construction contractors * 144 * 3,348
Special trade contractors * 271 * 3,644
Manufacturing 7,230,395 12,813,048
Food manufacturing 53,048 538,037
Beverage and tobacco product
manufacturing * 53,142 * 404,087
Beverage manufactures — * 156,458
Tobacco manufactures * 53,142 * 247,629
Textile mill and textile
products mills * 12,147 * 53,556
Apparel manufacturing * 306 * 84,865
Wood product manufacturing * 130 * 17,174
Paper manufacturing 107,834 118,510
Printing and related support
activities * 1,039 * 276
Petroleum and coal products
manufacturing 130,764 1,502,739
Chemical manufacturing 1,597,673 2,724,054
Pharmaceutical and medicine
manufacturing 652,590 729,552
Other chemical manufacturing 945,083 1,994,502
Plastics and rubber products
manufacturing 81,314 110,785
Nonmeticallic mineral product
manufacturing * 35,209 81,140
Primary metal manufacturing * 43,018 269,352
Fabricated metal product
manufacturing 55,526 160,635
Machinery manufacturing 476,151 968,950
Computer and electronic products 3,621,416 1,168,228
Electrical equipment, applicance,
and component 111,181 2,317,307
Transportation equipment
manufacturing 703,182 2,066,854
Motor vehicles and equipment 552,662 1,846,307
Other transportation equipment
manufacturing * 150,520 220,547
Furniture and related products * 742 * 23,221
Miscellaneous manufacturing and
manufacturing not allocable 146,573 203,278
Wholesale and retail trade 32,916 595,729
Wholesale trade 25,935 467,718
Durable goods 15,168 156,436
Nondurable goods 10,767 311,282
Drugs, chemicals, and allied
products * 3,030 * 17,110
Petroleum and petroleum
products — * 211
Other miscellaneous wholesale
trade — * 2,140
Other nondurable goods 7,736 291,820
Retail trade * 6,981 128,010
Motor vehicle and parts dealers — —
Food and beverage stores — * 230
Clothing and clothing
accessories stores * 416 * 54,726
General merchandise stores * 10 * 53,386
All other retail stores * 6,555 19,669
Transportation and warehousing * 17,961 89,798
Transportation * 17,961 89,128
Water transportation — * 15,540
All other transportation * 17,961 73,588
Warehousing and storage — * 670
Information 2,140,229 997,890
Publishing industries 1,972,015 202,053
Motion picture and sound
recording industries — * 126,901
Broadcasting and
telecommunications * 76,352 * 612,784
Broadcasting * 15,162 * 291,450
Telecommunications * 61,190 * 321,334
Information and data processing
services * 91,862 56,151
Finance, insurance, and real estate * 55,721 11,746,321
Finance and insurance * 55,721 11,729,928
Depository credit
intermediation — * 117,449
Nondepository credit
intermediation * 46,561 * 1,047,569
Securities, commodity
contracts, etc * 4,865 9,245,909
Insurance carriers and related
activities * 4,296 1,318,890
Other finance and insurance — * 111
Real estate and rental and
leasing — * 16,393
Services 319,766 22,277,952
Professional, scientific, and
technical services 126,778 106,662
Management of companies (holding
companies) * 184,617 21,730,863
Educational, health care, and
social assistance — * 9,024
Arts, entertainment, and
recreation * 4,653 * 20,315
Accommodation and food services — * 259,545
Other services * 3,718 151,542
Foreign income and taxes
reported on Form 1118
Deductions
Deductions
not
allocable
to specific
types of
income
Deductions
from oil
Major and selected minor Other and gas
industrial group extraction
income (5)
(35) (36)
All industries 32,808,117 9,369,404
Agriculture, forestry, fishing,
and hunting * 10,090 —
Mining 463,133 * 178,756
Metal mining * 39,798 * 178,756
Coal mining — —
Oil and gas extraction * 100,482 —
Nonmetallic minerals, except
fuels 322,853 —
Utilities * 45,543 * 52
Construction * 23,061 —
General building contractors * 644 —
Heavy construction contractors * 21,304 —
Special trade contractors * 1,113 —
Manufacturing 13,585,976 9,069,121
Food manufacturing 235,427 —
Beverage and tobacco product
manufacturing * 1,117,361 —
Beverage manufactures * 717,840 —
Tobacco manufactures * 399,521 —
Textile mill and textile
products mills * 7,378 —
Apparel manufacturing * 17,779 —
Wood product manufacturing * 14,880 —
Paper manufacturing 291,444 —
Printing and related support
activities * 747 —
Petroleum and coal products
manufacturing 458,624 8,648,926
Chemical manufacturing 2,763,512 * 420,195
Pharmaceutical and medicine
manufacturing 1,472,465 —
Other chemical manufacturing 1,291,047 * 420,195
Plastics and rubber products
manufacturing 78,159 —
Nonmeticallic mineral product
manufacturing * 24,355 —
Primary metal manufacturing 163,192 —
Fabricated metal product
manufacturing 239,560 —
Machinery manufacturing 1,574,716 —
Computer and electronic products 5,476,204 —
Electrical equipment, applicance,
and component 367,557 —
Transportation equipment
manufacturing 437,672 —
Motor vehicles and equipment 240,583 —
Other transportation equipment
manufacturing * 197,090 —
Furniture and related products * 4,422 —
Miscellaneous manufacturing and
manufacturing not allocable 312,984 —
Wholesale and retail trade 786,058 * 110,976
Wholesale trade 479,698 * 110,976
Durable goods 171,400 —
Nondurable goods 308,298 * 110,976
Drugs, chemicals, and allied
products * 10,484 —
Petroleum and petroleum
products — —
Other miscellaneous wholesale
trade * 100,055 * 110,976
Other nondurable goods 197,759 —
Retail trade 306,360 —
Motor vehicle and parts dealers — —
Food and beverage stores — —
Clothing and clothing
accessories stores * 7,880 —
General merchandise stores * 49,899 —
All other retail stores 248,581 —
Transportation and warehousing 129,211 —
Transportation 129,211 —
Water transportation * 6,749 —
All other transportation 122,462 —
Warehousing and storage — —
Information 4,055,860 —
Publishing industries 3,665,721 —
Motion picture and sound
recording industries * 16,278 —
Broadcasting and
telecommunications * 270,767 —
Broadcasting * 215,217 —
Telecommunications * 55,550 —
Information and data processing
services * 103,094 —
Finance, insurance, and real estate 6,139,091 —
Finance and insurance 6,132,679 —
Depository credit
intermediation * 42,735 —
Nondepository credit
intermediation * 552,690 —
Securities, commodity
contracts, etc 525,685 —
Insurance carriers and related
activities 5,011,569 —
Other finance and insurance * (2) —
Real estate and rental and
leasing * 6,412 —
Services 7,568,575 —
Professional, scientific, and
technical services 466,476 —
Management of companies (holding
companies) 6,827,693 —
Educational, health care, and
social assistance * 11,568 —
Arts, entertainment, and
recreation * 36,199 —
Accommodation and food services * 176,321 —
Other services 50,318 —
Foreign income and taxes
reported on Form 1118
Taxable
income Adjustments
Major and selected minor (less loss) to taxable
industrial group before income
adjustments
(37) (38)
All industries 147,116,869 10,480,879
Agriculture, forestry, fishing,
and hunting 170,965 * 4,916
Mining 2,066,788 173,296
Metal mining 258,950 * 42,211
Coal mining * 47,940 —
Oil and gas extraction * 454,359 * 12,433
Nonmetallic minerals, except
fuels 1,305,540 * 118,652
Utilities 2,077,689 * 169,861
Construction 177,070 20,882
General building contractors 94,470 * 531
Heavy construction contractors 49,401 * 15,170
Special trade contractors 30,037 * 5,181
Manufacturing 91,703,034 3,963,115
Food manufacturing 3,623,042 203,275
Beverage and tobacco product
manufacturing 6,934,825 * 248,755
Beverage manufactures 2,991,175 * 248,755
Tobacco manufactures * 3,943,650 —
Textile mill and textile
products mills 89,164 * 19,713
Apparel manufacturing 628,302 * 130,620
Wood product manufacturing 42,078 —
Paper manufacturing 1,626,115 * 5,123
Printing and related support
activities 35,803 * 1,099
Petroleum and coal products
manufacturing 12,768,311 70,859
Chemical manufacturing 18,434,706 476,368
Pharmaceutical and medicine
manufacturing 9,072,116 * 4,108
Other chemical manufacturing 9,362,590 472,260
Plastics and rubber products
manufacturing 1,045,309 26,004
Nonmeticallic mineral product
manufacturing 579,520 * 148,350
Primary metal manufacturing 1,047,167 * 14,722
Fabricated metal product
manufacturing 1,815,179 24,692
Machinery manufacturing 6,887,947 185,513
Computer and electronic products 20,594,225 2,033,301
Electrical equipment, applicance,
and component 4,686,876 16,019
Transportation equipment
manufacturing 9,450,656 196,345
Motor vehicles and equipment 7,726,354 32,922
Other transportation equipment
manufacturing 1,724,302 * 163,423
Furniture and related products 164,564 * 3,387
Miscellaneous manufacturing and
manufacturing not allocable 1,249,244 158,969
Wholesale and retail trade 4,855,818 565,245
Wholesale trade 2,812,759 315,094
Durable goods 480,093 43,005
Nondurable goods 2,332,666 272,089
Drugs, chemicals, and allied
products * 194,711 * 52
Petroleum and petroleum
products 22,598 —
Other miscellaneous wholesale
trade 104,272 * 616
Other nondurable goods 2,011,086 271,421
Retail trade 2,043,059 250,161
Motor vehicle and parts dealers * 1,164 —
Food and beverage stores * 70,221 * 34,959
Clothing and clothing
accessories stores 1,014,150 * 146,159
General merchandise stores * 277,391 * 25,047
All other retail stores 680,132 * 43,986
Transportation and warehousing 1,051,003 14,909
Transportation 1,048,488 14,909
Water transportation 201,149 * 13,293
All other transportation 847,339 * 1,616
Warehousing and storage * 2,515 —
Information 11,290,825 3,462,969
Publishing industries 5,919,284 3,086,388
Motion picture and sound
recording industries 1,175,231 * 115,449
Broadcasting and
telecommunications 3,308,751 * 234,458
Broadcasting 970,955 * 233,724
Telecommunications 2,337,796 * 734
Information and data processing
services 887,559 * 26,674
Finance, insurance, and real estate 18,729,319 1,775,390
Finance and insurance 18,664,189 1,761,149
Depository credit
intermediation 37,652 * 894
Nondepository credit
intermediation 1,177,855 * 17,158
Securities, commodity
contracts, etc 6,995,515 1,082,667
Insurance carriers and related
activities 10,440,870 656,635
Other finance and insurance * 12,297 * 3,794
Real estate and rental and
leasing 65,130 * 14,241
Services 14,879,407 325,967
Professional, scientific, and
technical services 2,234,275 235,946
Management of companies (holding
companies) 10,499,962 3,879
Educational, health care, and
social assistance 138,515 * 17,802
Arts, entertainment, and
recreation 192,540 * 18,737
Accommodation and food services 1,227,769 * 15,947
Other services 586,345 33,658
Foreign income and taxes
reported on Form 1118
Foreign
taxes
available
for credit
Taxable
income
Major and selected minor (less loss) Total
industrial group after
adjustments
(39) (40)
All industries 136,635,990 47,575,987
Agriculture, forestry, fishing,
and hunting 166,049 63,034
Mining 1,893,492 1,022,018
Metal mining 216,739 196,018
Coal mining * 47,940 * 13,148
Oil and gas extraction * 441,925 * 486,855
Nonmetallic minerals, except
fuels 1,186,888 325,996
Utilities 1,907,828 797,846
Construction 156,188 67,637
General building contractors 93,939 41,009
Heavy construction contractors 34,231 12,976
Special trade contractors 24,856 12,314
Manufacturing 87,739,919 33,251,300
Food manufacturing 3,419,767 1,367,528
Beverage and tobacco product
manufacturing 6,686,070 2,029,453
Beverage manufactures 2,742,420 806,135
Tobacco manufactures * 3,943,650 * 1,223,318
Textile mill and textile
products mills 69,452 22,655
Apparel manufacturing 497,682 191,413
Wood product manufacturing 42,078 7,750
Paper manufacturing 1,620,992 607,118
Printing and related support
activities 34,704 4,227
Petroleum and coal products
manufacturing 12,697,452 6,752,874
Chemical manufacturing 17,958,337 6,808,021
Pharmaceutical and medicine
manufacturing 9,068,008 3,254,996
Other chemical manufacturing 8,890,329 3,553,026
Plastics and rubber products
manufacturing 1,019,305 428,606
Nonmeticallic mineral product
manufacturing 431,170 272,175
Primary metal manufacturing 1,032,445 457,831
Fabricated metal product
manufacturing 1,790,488 787,011
Machinery manufacturing 6,702,434 2,223,502
Computer and electronic products 18,560,923 5,690,032
Electrical equipment, applicance,
and component 4,670,856 1,963,485
Transportation equipment
manufacturing 9,254,311 3,196,787
Motor vehicles and equipment 7,693,432 2,866,108
Other transportation equipment
manufacturing 1,560,879 330,678
Furniture and related products 161,177 70,349
Miscellaneous manufacturing and
manufacturing not allocable 1,090,275 370,485
Wholesale and retail trade 4,290,573 1,554,476
Wholesale trade 2,497,666 959,780
Durable goods 437,089 132,170
Nondurable goods 2,060,577 827,610
Drugs, chemicals, and allied
products * 194,658 * 50,271
Petroleum and petroleum
products 22,598 3,505
Other miscellaneous wholesale
trade 103,655 104,945
Other nondurable goods 1,739,665 668,889
Retail trade 1,792,908 594,696
Motor vehicle and parts dealers * 1,164 * 118
Food and beverage stores * 35,262 * 10,268
Clothing and clothing
accessories stores 867,991 311,970
General merchandise stores * 252,344 * 98,807
All other retail stores 636,146 173,533
Transportation and warehousing 1,036,094 188,793
Transportation 1,033,579 187,780
Water transportation 187,856 86,009
All other transportation 845,723 101,771
Warehousing and storage * 2,515 * 1,014
Information 7,827,856 2,768,786
Publishing industries 2,832,896 1,429,423
Motion picture and sound
recording industries 1,059,782 217,946
Broadcasting and
telecommunications 3,074,293 850,278
Broadcasting 737,231 410,520
Telecommunications 2,337,062 439,758
Information and data processing
services 860,885 271,139
Finance, insurance, and real estate 16,953,929 3,343,076
Finance and insurance 16,903,040 3,307,725
Depository credit
intermediation 36,758 8,157
Nondepository credit
intermediation 1,160,697 229,606
Securities, commodity
contracts, etc 5,912,848 1,536,384
Insurance carriers and related
activities 9,784,235 1,531,736
Other finance and insurance * 8,503 * 1,841
Real estate and rental and
leasing 50,889 35,351
Services 14,553,440 4,470,585
Professional, scientific, and
technical services 1,998,330 532,482
Management of companies (holding
companies) 10,496,083 3,076,607
Educational, health care, and
social assistance 120,714 43,012
Arts, entertainment, and
recreation 173,804 62,406
Accommodation and food services 1,211,822 526,203
Other services 552,687 229,875
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Reduction
Major and selected minor for certain
industrial group foreign Carryover
taxes
(41) (42)
All industries 2,476,970 9,368,659
Agriculture, forestry, fishing,
and hunting — * 2,694
Mining * 320,756 578,481
Metal mining * 301,304 * 353,777
Coal mining — * 224
Oil and gas extraction * 12,254 * 191,385
Nonmetallic minerals, except
fuels * 7,199 33,095
Utilities * 1,523 46,727
Construction — 10,919
General building contractors — * 7,709
Heavy construction contractors — * 1,095
Special trade contractors — * 2,116
Manufacturing 2,151,029 7,255,155
Food manufacturing — 137,210
Beverage and tobacco product
manufacturing — * 7,558
Beverage manufactures — * 708
Tobacco manufactures — * 6,850
Textile mill and textile
products mills — 4,912
Apparel manufacturing — * 855
Wood product manufacturing — * 396
Paper manufacturing — 31,900
Printing and related support
activities — * 1,313
Petroleum and coal products
manufacturing 2,125,749 3,980,754
Chemical manufacturing * 21,494 627,490
Pharmaceutical and medicine
manufacturing * 17 336,259
Other chemical manufacturing * 21,477 291,230
Plastics and rubber products
manufacturing — 27,874
Nonmeticallic mineral product
manufacturing — 51,357
Primary metal manufacturing * 2,608 126,281
Fabricated metal product
manufacturing — 178,283
Machinery manufacturing * 1,155 78,776
Computer and electronic products * 23 1,802,487
Electrical equipment, applicance,
and component — 9,957
Transportation equipment
manufacturing — 143,374
Motor vehicles and equipment — 131,152
Other transportation equipment
manufacturing — * 12,222
Furniture and related products — * 15,360
Miscellaneous manufacturing and
manufacturing not allocable — 29,016
Wholesale and retail trade * 137 361,988
Wholesale trade * 137 208,193
Durable goods — 15,779
Nondurable goods * 137 192,414
Drugs, chemicals, and allied
products — * 105
Petroleum and petroleum
products — * 488
Other miscellaneous wholesale
trade * 137 * 46,332
Other nondurable goods — 145,489
Retail trade — 153,795
Motor vehicle and parts dealers — * 2
Food and beverage stores — * 2,758
Clothing and clothing
accessories stores — * 80,511
General merchandise stores — * 56,079
All other retail stores — 14,444
Transportation and warehousing — 13,159
Transportation — 12,767
Water transportation — * 1,876
All other transportation — 10,891
Warehousing and storage — * 392
Information * 508 307,774
Publishing industries * 508 38,997
Motion picture and sound
recording industries — * 58,393
Broadcasting and
telecommunications — * 201,136
Broadcasting — * 122,857
Telecommunications — * 78,279
Information and data processing
services — * 9,249
Finance, insurance, and real estate — 241,484
Finance and insurance — 228,303
Depository credit
intermediation — * 623
Nondepository credit
intermediation — * 18,718
Securities, commodity
contracts, etc — 66,080
Insurance carriers and related
activities — 142,882
Other finance and insurance — * (2)
Real estate and rental and
leasing — 13,180
Services * 2,326 550,156
Professional, scientific, and
technical services — 111,356
Management of companies (holding
companies) * 2,326 245,552
Educational, health care, and
social assistance — * 14,954
Arts, entertainment, and
recreation — * 7,839
Accommodation and food services — 135,282
Other services — 35,173
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or
accrued
Total paid,
Major and selected minor accrued,
industrial group and deemed Total
paid
(43) (44)
All industries 40,684,298 13,608,822
Agriculture, forestry, fishing,
and hunting 60,340 16,414
Mining 764,294 646,320
Metal mining 143,545 126,630
Coal mining * 12,924 * 12,815
Oil and gas extraction * 307,724 * 294,560
Nonmetallic minerals, except
fuels 300,100 212,314
Utilities 752,642 163,985
Construction 56,718 25,220
General building contractors 33,300 8,470
Heavy construction contractors 11,881 9,760
Special trade contractors 10,199 5,652
Manufacturing 28,147,174 7,011,736
Food manufacturing 1,230,317 183,742
Beverage and tobacco product
manufacturing 2,021,894 403,673
Beverage manufactures 805,427 266,909
Tobacco manufactures * 1,216,467 * 136,764
Textile mill and textile
products mills 17,743 3,395
Apparel manufacturing 190,558 32,074
Wood product manufacturing 7,354 5,029
Paper manufacturing 575,218 89,523
Printing and related support
activities 2,914 1,491
Petroleum and coal products
manufacturing 4,897,869 2,004,548
Chemical manufacturing 6,202,026 1,123,788
Pharmaceutical and medicine
manufacturing 2,918,754 382,560
Other chemical manufacturing 3,283,272 741,228
Plastics and rubber products
manufacturing 400,731 56,759
Nonmeticallic mineral product
manufacturing 220,818 17,648
Primary metal manufacturing 334,158 76,083
Fabricated metal product
manufacturing 608,728 90,709
Machinery manufacturing 2,145,880 571,511
Computer and electronic products 3,887,568 1,191,072
Electrical equipment, applicance,
and component 1,953,527 564,088
Transportation equipment
manufacturing 3,053,413 525,490
Motor vehicles and equipment 2,734,957 426,467
Other transportation equipment
manufacturing 318,456 99,023
Furniture and related products 54,989 4,939
Miscellaneous manufacturing and
manufacturing not allocable 341,469 66,175
Wholesale and retail trade 1,192,625 445,015
Wholesale trade 751,724 246,840
Durable goods 116,391 31,966
Nondurable goods 635,333 214,874
Drugs, chemicals, and allied
products * 50,166 * 11,642
Petroleum and petroleum
products 3,017 2,995
Other miscellaneous wholesale
trade 58,750 5,146
Other nondurable goods 523,400 195,091
Retail trade 440,901 198,175
Motor vehicle and parts dealers * 116 * 116
Food and beverage stores * 7,510 * 7,510
Clothing and clothing
accessories stores 231,459 39,596
General merchandise stores * 42,728 * 32,108
All other retail stores 159,089 118,845
Transportation and warehousing 175,634 111,160
Transportation 175,013 110,989
Water transportation 84,133 * 67,072
All other transportation 90,880 43,916
Warehousing and storage * 621 * 171
Information 2,461,519 1,186,527
Publishing industries 1,390,934 899,259
Motion picture and sound
recording industries 159,553 40,290
Broadcasting and
telecommunications 649,142 203,160
Broadcasting 287,663 122,069
Telecommunications 361,478 81,092
Information and data processing
services 261,891 43,817
Finance, insurance, and real estate 3,101,592 1,730,942
Finance and insurance 3,079,421 1,716,109
Depository credit
intermediation 7,534 7,510
Nondepository credit
intermediation 210,889 169,182
Securities, commodity
contracts, etc 1,470,304 673,732
Insurance carriers and related
activities 1,388,854 863,843
Other finance and insurance * 1,841 * 1,841
Real estate and rental and
leasing 22,170 14,833
Services 3,922,755 2,269,990
Professional, scientific, and
technical services 421,126 240,551
Management of companies (holding
companies) 2,833,380 1,762,437
Educational, health care, and
social assistance 28,059 5,571
Arts, entertainment, and
recreation 54,567 34,770
Accommodation and food services 390,920 183,666
Other services 194,702 42,996
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or accrued
Taxes
withheld
at source
on–
Taxes
Major and selected minor withheld at
industrial group source on Interest
dividends
(45) (46)
All industries 2,193,964 784,126
Agriculture, forestry, fishing,
and hunting 1,798 * 965
Mining 12,727 10,429
Metal mining * 6 * 588
Coal mining * (2) * 1,591
Oil and gas extraction * 7019 * 5,178
Nonmetallic minerals, except
fuels * 5,702 3,072
Utilities 50,815 * 13,334
Construction 651 * 553
General building contractors 463 * 286
Heavy construction contractors * 54 * 9
Special trade contractors * 128 * 258
Manufacturing 1,651,031 153,943
Food manufacturing 82,398 5,004
Beverage and tobacco product
manufacturing * 108,751 * 6,686
Beverage manufactures * 48,076 * 6,680
Tobacco manufactures * 60,676 * 7
Textile mill and textile
products mills * 923 * 510
Apparel manufacturing * 11,939 * 75
Wood product manufacturing * 190 * 772
Paper manufacturing 33,985 2,551
Printing and related support
activities * 29 * 68
Petroleum and coal products
manufacturing 220,546 34,839
Chemical manufacturing 331,279 25,951
Pharmaceutical and medicine
manufacturing 171,901 9,915
Other chemical manufacturing 159,378 16,036
Plastics and rubber products
manufacturing 27,550 1,743
Nonmeticallic mineral product
manufacturing * 6,037 240
Primary metal manufacturing * 15,877 4,500
Fabricated metal product
manufacturing 43,390 2,825
Machinery manufacturing 226,512 12,209
Computer and electronic products 246,074 13,418
Electrical equipment, applicance,
and component 15,924 27,218
Transportation equipment
manufacturing 255,621 12,559
Motor vehicles and equipment 236,378 10,572
Other transportation equipment
manufacturing 19,243 * 1,987
Furniture and related products * 3,635 * 538
Miscellaneous manufacturing and
manufacturing not allocable 20,369 2,235
Wholesale and retail trade 102,024 15,176
Wholesale trade 92,815 14,239
Durable goods 7,739 5,208
Nondurable goods 85,076 9,031
Drugs, chemicals, and allied
products * 4,196 * 161
Petroleum and petroleum
products * 189 * 1,061
Other miscellaneous wholesale
trade * 2,971 * 257
Other nondurable goods 77,720 7,552
Retail trade 9,209 937
Motor vehicle and parts dealers * 2 * 27
Food and beverage stores * 2 * 270
Clothing and clothing
accessories stores * 2,249 * 144
General merchandise stores * 6,686 * 163
All other retail stores 271 * 332
Transportation and warehousing 3,926 3,827
Transportation 3,919 3,664
Water transportation * 1,060 * 102
All other transportation 2,859 3,562
Warehousing and storage * 7 * 164
Information 99,077 8,481
Publishing industries 47,741 1,020
Motion picture and sound
recording industries * 3,715 —
Broadcasting and
telecommunications * 32,283 * 6,002
Broadcasting * 4,312 * 771
Telecommunications * 27,972 * 5,230
Information and data processing
services * 15,338 * 1,459
Finance, insurance, and real estate 131,904 362,150
Finance and insurance 131,652 361,750
Depository credit
intermediation 204 * 7,037
Nondepository credit
intermediation * 17,627 * 5,921
Securities, commodity
contracts, etc 30,095 151,174
Insurance carriers and related
activities 83,723 197,619
Other finance and insurance * 3 —
Real estate and rental and
leasing 251 400
Services 139,713 215,244
Professional, scientific, and
technical services 10,758 363
Management of companies (holding
companies) 94,263 206,343
Educational, health care, and
social assistance * 664 * 7
Arts, entertainment, and
recreation * 6,858 * 27
Accommodation and food services * 11,937 6,491
Other services 15,233 2,013
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or accrued
Taxes Other
withheld taxes paid
at source or accrued
on– on–
Rents,
Major and selected minor royalties, Branch
industrial group and license income
fees
(47) (48)
All industries 2,213,430 4,861,563
Agriculture, forestry, fishing,
and hunting * 3,047 * 8,276
Mining 15,307 256,348
Metal mining * 25 * 459
Coal mining — * 11,224
Oil and gas extraction * 2,183 * 108,420
Nonmetallic minerals, except
fuels 13,099 * 136,245
Utilities — * 2,275
Construction 1,240 * 3,023
General building contractors * 462 * 2,316
Heavy construction contractors * 595 * 38
Special trade contractors * 183 * 668
Manufacturing 1,408,089 1,877,298
Food manufacturing 44,341 21,504
Beverage and tobacco product
manufacturing * 110,645 * 161,990
Beverage manufactures * 47,158 * 150,530
Tobacco manufactures * 63,488 * 11,460
Textile mill and textile
products mills * 1,431 * 306
Apparel manufacturing 15,229 * 4,559
Wood product manufacturing * 382 * 3,110
Paper manufacturing 27,166 * 25,274
Printing and related support
activities * 1,272 —
Petroleum and coal products
manufacturing 8,285 * 935,966
Chemical manufacturing 235,135 254,805
Pharmaceutical and medicine
manufacturing 75,079 88,558
Other chemical manufacturing 160,057 166,247
Plastics and rubber products
manufacturing 19,355 * 7,115
Nonmeticallic mineral product
manufacturing 4,808 * 661
Primary metal manufacturing * 3,990 * 19,477
Fabricated metal product
manufacturing 9,512 11,070
Machinery manufacturing 68,781 200,559
Computer and electronic products 716,001 128,288
Electrical equipment, applicance,
and component 13,320 6,075
Transportation equipment
manufacturing 105,340 81,090
Motor vehicles and equipment 80,109 * 48,407
Other transportation equipment
manufacturing 25,231 * 32,683
Furniture and related products 457 * 186
Miscellaneous manufacturing and
manufacturing not allocable 22,639 15,265
Wholesale and retail trade 80,222 199,476
Wholesale trade 23,242 91,143
Durable goods 3,746 7,433
Nondurable goods 19,496 83,710
Drugs, chemicals, and allied
products * 3,415 * 3,018
Petroleum and petroleum
products * 484 * 555
Other miscellaneous wholesale
trade * 229 * 993
Other nondurable goods 15,369 79,144
Retail trade 56,980 108,333
Motor vehicle and parts dealers * 80 —
Food and beverage stores * 7,238 —
Clothing and clothing
accessories stores 3,462 * 15,393
General merchandise stores * 7,873 * 15,103
All other retail stores 38,327 * 77,837
Transportation and warehousing * 3,173 27,677
Transportation * 3,173 27,677
Water transportation — * 8
All other transportation * 3,173 * 27,669
Warehousing and storage — —
Information 566,532 333,290
Publishing industries 431,250 296,357
Motion picture and sound
recording industries 7,580 * 2,571
Broadcasting and
telecommunications 117,077 * 32,929
Broadcasting * 110,847 —
Telecommunications * 6,230 * 32,929
Information and data processing
services * 10,625 * 1,433
Finance, insurance, and real estate 21,930 661,282
Finance and insurance 17,217 654,171
Depository credit
intermediation * 47 * 129
Nondepository credit
intermediation * 11,720 * 128,526
Securities, commodity
contracts, etc 2,717 202,500
Insurance carriers and related
activities 2,608 321,825
Other finance and insurance * 125 * 1,191
Real estate and rental and
leasing 4,713 * 7,111
Services 113,889 1,491,927
Professional, scientific, and
technical services 38,978 122,882
Management of companies (holding
companies) 3,823 1,260,657
Educational, health care, and
social assistance * 3,327 * 106
Arts, entertainment, and
recreation * 3,567 * 543
Accommodation and food services 57,494 * 96,502
Other services 6,698 * 11,235
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or accrued
Other taxes paid
or accrued on–
Specifically
allocable
Major and selected minor income Service
industrial group [section income
863(b)]
(49) (50)
All industries 8,524 387,240
Agriculture, forestry, fishing,
and hunting — * 21
Mining — 25,385
Metal mining — * 995
Coal mining — —
Oil and gas extraction — * 1424
Nonmetallic minerals, except
fuels — * 22,966
Utilities — * 2,521
Construction — 8,328
General building contractors — * 4,037
Heavy construction contractors — * 1,729
Special trade contractors — * 1,286
Manufacturing 2,726 118,969
Food manufacturing — * 5,322
Beverage and tobacco product
manufacturing * 642 * 872
Beverage manufactures * 642 * 872
Tobacco manufactures — —
Textile mill and textile
products mills * 74 * 64
Apparel manufacturing — * 155
Wood product manufacturing — —
Paper manufacturing — * 243
Printing and related support
activities — * 88
Petroleum and coal products
manufacturing — * 481
Chemical manufacturing * 762 19,662
Pharmaceutical and medicine
manufacturing * 558 * 5446
Other chemical manufacturing * 203 14,216
Plastics and rubber products
manufacturing — * 703
Nonmeticallic mineral product
manufacturing — * 3,102
Primary metal manufacturing — * 217
Fabricated metal product
manufacturing * 5 * 1,134
Machinery manufacturing * 54 24,311
Computer and electronic products * 286 15,055
Electrical equipment, applicance,
and component * 883 * 476
Transportation equipment
manufacturing * 16 * 46,414
Motor vehicles and equipment * 9 * 29,737
Other transportation equipment
manufacturing * 8 * 16,676
Furniture and related products — —
Miscellaneous manufacturing and
manufacturing not allocable * 4 * 670
Wholesale and retail trade * 259 8,526
Wholesale trade * 259 7,613
Durable goods * 259 1,073
Nondurable goods — 6,540
Drugs, chemicals, and allied
products — * 500
Petroleum and petroleum
products — * 361
Other miscellaneous wholesale
trade — * 315
Other nondurable goods — * 5,363
Retail trade — * 912
Motor vehicle and parts dealers — —
Food and beverage stores — —
Clothing and clothing
accessories stores — —
General merchandise stores — * 59
All other retail stores — * 853
Transportation and warehousing * 590 70,671
Transportation * 590 70,671
Water transportation — * 65,744
All other transportation * 590 4,927
Warehousing and storage — —
Information * 2,161 22,774
Publishing industries * 2,161 * 6,091
Motion picture and sound
recording industries — * 13
Broadcasting and
telecommunications — * 2,745
Broadcasting — * 76
Telecommunications — * 2,669
Information and data processing
services — 13,924
Finance, insurance, and real estate * 64 43,908
Finance and insurance * 64 41,974
Depository credit
intermediation — * 94
Nondepository credit
intermediation — * 4,377
Securities, commodity
contracts, etc — * 6,258
Insurance carriers and related
activities * 64 31,245
Other finance and insurance — —
Real estate and rental and
leasing — * 1,934
Services * 2,724 86,138
Professional, scientific, and
technical services * 2,724 51,410
Management of companies (holding
companies) — * 8,591
Educational, health care, and
social assistance — * 1,390
Arts, entertainment, and
recreation — * 11,515
Accommodation and food services — * 7,420
Other services — 5,811
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or
accrued
Other
taxes
paid or
accrued
on–
Taxes
Major and selected minor Other deemed
industrial group income paid
(51) (52)
All industries 3,159,976 27,075,476
Agriculture, forestry, fishing,
and hunting * 2,307 * 43,927
Mining 326,124 117,974
Metal mining 124,557 * 16,915
Coal mining — * 109
Oil and gas extraction * 170,336 * 13,164
Nonmetallic minerals, except
fuels 31,230 87,786
Utilities * 95,040 588,656
Construction 11,426 * 31,498
General building contractors * 906 * 24,831
Heavy construction contractors * 7,334 * 2,121
Special trade contractors * 3,129 * 4,546
Manufacturing 1,799,680 21,135,438
Food manufacturing 25,172 1,046,576
Beverage and tobacco product
manufacturing * 14,085 * 1,618,222
Beverage manufactures * 12,952 * 538,518
Tobacco manufactures * 11,33 * 1,079,703
Textile mill and textile
products mills * 87 14,348
Apparel manufacturing * 117 158,483
Wood product manufacturing * 575 * 2,325
Paper manufacturing * 303 485,695
Printing and related support
activities * 33 * 1,423
Petroleum and coal products
manufacturing 804,431 2,893,321
Chemical manufacturing 256,194 5,078,238
Pharmaceutical and medicine
manufacturing 31,103 2,536,194
Other chemical manufacturing 225,090 2,542,044
Plastics and rubber products
manufacturing * 293 343,973
Nonmeticallic mineral product
manufacturing * 2,801 203,170
Primary metal manufacturing 32,023 258,075
Fabricated metal product
manufacturing 22,773 518,019
Machinery manufacturing 39,085 1,574,369
Computer and electronic products 71,951 2,696,496
Electrical equipment, applicance,
and component 500,191 1,389,440
Transportation equipment
manufacturing 24,450 2,527,923
Motor vehicles and equipment * 21,255 2,308,489
Other transportation equipment
manufacturing * 3,195 219,434
Furniture and related products * 123 * 50,050
Miscellaneous manufacturing and
manufacturing not allocable 4,994 275,293
Wholesale and retail trade 39,332 747,611
Wholesale trade 17,528 504,884
Durable goods 6,508 84,425
Nondurable goods 11,020 420,459
Drugs, chemicals, and allied
products * 352 * 38,524
Petroleum and petroleum
products * 345 * 22
Other miscellaneous wholesale
trade * 382 * 53,604
Other nondurable goods 9,942 328,308
Retail trade 21,804 242,727
Motor vehicle and parts dealers * 6 —
Food and beverage stores * (2) —
Clothing and clothing
accessories stores * 18,348 * 191,863
General merchandise stores * 2,224 * 10,620
All other retail stores * 1,225 40,244
Transportation and warehousing * 1294 64,475
Transportation * 1294 64,024
Water transportation * 157 * 17,060
All other transportation * 1,137 46,964
Warehousing and storage — * 450
Information 154,212 1,274,993
Publishing industries 114,639 491,674
Motion picture and sound
recording industries * 26,410 * 119,264
Broadcasting and
telecommunications 12,125 * 445,981
Broadcasting * 6,063 * 165,595
Telecommunications * 6,061 * 280,387
Information and data processing
services * 1,039 * 218,073
Finance, insurance, and real estate 509,705 1,370,650
Finance and insurance 509,281 1,363,312
Depository credit
intermediation * (2) * 24
Nondepository credit
intermediation * 1,011 * 41,706
Securities, commodity
contracts, etc 280,989 796,571
Insurance carriers and related
activities 226,759 525,011
Other finance and insurance * 521 —
Real estate and rental and
leasing 424 * 7,337
Services 220,357 1,652,764
Professional, scientific, and
technical services 13,436 180,575
Management of companies (holding
companies) 188,759 1,070,944
Educational, health care, and
social assistance * 76 * 22,488
Arts, entertainment, and
recreation * 12,259 * 19,798
Accommodation and food services * 3,821 * 207,254
Other services 2,005 151,705
Footnotes and Notes to Table 1:
* Data should be used with caution because of the small number
of returns on which they were based.
(1) Interest-Charge Domestic International Sales Corporation
(IC-DISC) and Domestic International Sales Corporation (DISC).
(2) Less than $500.
(3) In addition to the credits shown in columns 12-14, this is after
reduction by other credits, such as the jobs credit and the investment
credit, which are not shown separately in this table.
(4) Included in gross income (less loss), columns 16-22. See notes
below.
(5) Included in deductions, columns 26-35. See notes below.
NOTES: Detail may not add to totals because of rounding. Columns 2
through 15 present statistics on assets, receipts, income, and taxes
reported on Form 1120 (Corporation Income Tax Return) series for
corporations claiming a foreign tax credit. Columns 16 through 52
present statistics from Form 1118, Foreign Tax Credit–Corporations.
Schedule references indicate the schedule of Form 1118 from which the
data were obtained. Columns 16 through 36 present statistics on
foreign income (i.e., income from sources outside the United States)
and deductions reported primarily on Schedule A, Form 1118. Although
the amounts of oil and gas income and deductions (columns 23 and 36,
respectively) are contained in the summary columns (i.e., columns 16
through 22 and 26 through 35), these amounts are also reported
separately (on Schedule I) because oil and gas income is subject to
special rules under Internal Revenue Code section 907, which may
result in a reduction of foreign taxes available for credit. Code
section 863(b) income (income partly within and partly without the
United States) and foreign branch income are also included in the
summary amounts reported in columns 16 through 22 and are also
reported separately (on Schedule F) in columns 24 and 25. Total
deductions not allocable to specific types of income (column 32)
are equal to the sum of columns 33 through 35 (any differences are
due to taxpayer reporting practices). Total foreign-source gross
income (column 16) less total foreign deductions (column 26) is equal
to foreign-source taxable income before adjustments (column 37).
Adjustments to foreign-source taxable income (reported in column 38)
include allocations of current-year U.S.-source losses and recapture
of foreign losses, as well as other adjustments. These adjustments
(reported on Schedule J) affect the numerator of the limitation
fraction used to compute the foreign tax credit. The foreign-source
taxable income after adjustments (the numerator of the limitation
fraction) is reported in column 39. The limitation fraction, which
represents the ratio of foreign-source taxable income after adjustments
to total (U.S. and foreign) taxable income after adjustments, is
applied to the total U.S. tax against which the credit is allowed to
determine any limitation on the foreign tax credit.
Statistics on foreign taxes are reported in columns 40 through 52.
Data on foreign taxes paid, accrued, and deemed paid (through related
foreign corporations or their subsidiaries) from Schedule B, Form 1118,
are reported in columns 43 through 52. Total foreign taxes paid or
accrued (column 44) are the sum of columns 45 through 51 (any
differences are due to taxpayer reporting practices). Total foreign
taxes paid, accrued, and deemed paid (column 43) are equal to the sum
of total taxes paid or accrued (column 44) and taxes deemed paid
(column 52). Total foreign taxes paid, accrued, and deemed paid are
then adjusted for certain items (e.g., reductions of foreign taxes
under Code section 907 related to oil and gas income), which are
reported in column 41, as well as carryovers of foreign taxes not
credited in prior years, which are reported in column 42. Thus, total
foreign taxes available for credit (column 40) are equal to total
foreign taxes paid, accrued, and deemed paid (column 43) less certain
foreign taxes (column 41), plus any carryover of prior-year foreign
taxes (column 42).
Table 1b.–U.S. Corporation Returns with a Foreign Tax Credit: Total
Assets, Income, Tax, and Credits, and foreign Income and Tax Reported
on Form 1118, by Selected Industrial Group (by SIC Classification)
[All figures are estimates based on samples–moneyamounts are in thousands of dollars]
Major and selected minor Number of Total
industrial group returns assets
(1) (2)
All industries 5,927 15,174,244,548
Agriculture, forestry, and fishing 107 3,584,855
Mining 164 95,033,214
Metal mining 10 9,300,850
Coal mining 6 * 20,175,491
Oil and gas extraction 85 60,386,800
Nonmetallic minerals, except
fuels 12 5,154,412
Construction 220 16,101,731
General building contractors 126 9,218,346
Heavy construction contractors 27 5,550,593
Special trade contractors 56 1,253,496
Manufacturing 1,634 4,074,287,782
Food and kindred products 71 353,657,639
Tobacco manufactures 5 * 88,665,073
Textile mill products 22 11,870,499
Apparel and other textile
products 53 18,424,587
Lumber and wood products 17 29,986,598
Furniture and fixtures 14 11,610,561
Paper and allied products 30 61,031,956
Printing and publishing 93 134,492,655
Industrial plastics and
synthetic material 97 305,936,905
Drugs 56 216,278,719
Other chemicals 104 97,365,661
Petroleum (including integrated)
and coal products 22 506,570,319
Rubber and miscellaneous
plastics products 88 25,829,173
Leather and leather products 9 * 2,194,565
Stone, clay, and glass products 30 29,803,155
Primary metal industries 41 91,274,273
Fabricated metal products 140 70,917,190
Office, computing, and
accounting equipment 24 93,773,312
Other machinery, except
electrical 219 122,170,287
Electrical and electronic
equipment 185 754,441,654
Motor vehicles and equipment 41 733,451,305
Transportation equipment, except
motor vehicles 46 151,779,874
Instruments and related products 109 128,059,480
Miscellaneous manufacturing and
manufacturing not allocable 69 30,498,856
Transportation and public utilities 160 672,935,385
Transportation 86 106,154,096
Water transportation 36 5,214,507
All other transportation 48 100,898,780
Communication 32 246,682,526
Electric, gas, and sanitary
services 39 319,982,046
Wholesale and retail trade 782 424,052,069
Wholesale trade 513 201,266,182
Groceries and related products 10 2,258,588
Machinery, equipment, and
supplies 57 8,128,163
Miscellaneous wholesale trade 445 190,879,431
Drugs, chemicals, and allied
products 19 24,914,265
Petroleum and petroleum
products 8 * 17,311,893
Other miscellaneous wholesale
trade 288 147,570,289
Retail trade 270 222,785,887
Building materials, garden
supplies, and mobile home
dealers 14 * 20,148,216
General merchandise stores 8 * 99,635,030
Food stores 10 5,316,006
Automotive dealers and service
station 18 * 451,576
Apparel and accessory stores 13 27,948,693
Furniture and home furnishing
stores 11 3,366,439
Eating and drinking places 29 44,737,280
All other retail stores 166 21,170,067
Finance, insurance, and real estate 1,724 9,526,885,253
Banking 300 3,311,684,955
Credit agencies other than banks 26 1,463,301,969
Security, commodity brokers, and
services 83 1,304,938,129
Insurance 234 3,197,539,541
Insurance agents, brokers, and
service 56 54,024,165
Real estate 362 132,306,625
Holding and other investment
companies, except bank holding
companies 659 62,685,204
Services 1,133 361,259,647
Hotels and other lodging places 13 29,691,649
Personal services 11 6,442,025
Business services 260 154,944,036
Auto repair;
miscellaneous repair services 14 7,092,225
Amusement and recreation services 140 76,792,014
All other services 686 85,952,282
Dividends
Major and selected minor Total received from
industrial group receipts foreign
corporations
(3) (4)
All industries 5,367,522,238 35,296,572
Agriculture, forestry, and fishing 4,283,187 * 21,820
Mining 38,818,332 151,192
Metal mining 4,801,377 * 9,271
Coal mining * 5,866,352 * 23
Oil and gas extraction 23,660,962 114,481
Nonmetallic minerals, except
fuels 4,343,023 * 27,324
Construction 24,358,101 28,843
General building contractors 17,733,227 16,821
Heavy construction contractors 4,646,661 * 3,843
Special trade contractors 1,943,057 * 8,179
Manufacturing 2,513,671,091 27,469,828
Food and kindred products 175,764,299 2,847,837
Tobacco manufactures * 51,913,650 * 1,236,016
Textile mill products 12,293,698 4,626
Apparel and other textile
products 21,376,534 217,837
Lumber and wood products 19,803,825 * 5,588
Furniture and fixtures 13,037,164 * 69,458
Paper and allied products 46,285,844 538,600
Printing and publishing 67,963,111 235,049
Industrial plastics and
synthetic material 133,137,526 1,987,913
Drugs 143,789,492 2,358,108
Other chemicals 103,823,860 1,693,801
Petroleum (including integrated)
and coal products 298,995,959 5,041,934
Rubber and miscellaneous
plastics products 29,214,531 429,188
Leather and leather products * 32,203,85 * 4,980
Stone, clay, and glass products 22,894,144 226,221
Primary metal industries 70,649,912 459,780
Fabricated metal products 55,993,377 679,729
Office, computing, and
accounting equipment 97,550,552 1,923,365
Other machinery, except
electrical 122,804,163 2,741,364
Electrical and electronic
equipment 355,341,773 1,486,283
Motor vehicles and equipment 373,844,864 2,416,266
Transportation equipment, except
motor vehicles 152,092,506 328,819
Instruments and related products 109,163,444 281,467
Miscellaneous manufacturing and
manufacturing not allocable 27,238,220 249,579
Transportation and public utilities 366,206,189 1,639,361
Transportation 97,966,029 71,291
Water transportation 3,254,417 * 11,131
All other transportation 94,630,485 59,272
Communication 143,533,627 * 36,873
Electric, gas, and sanitary
services 124,539,421 1,231,196
Wholesale and retail trade 679,808,010 1,710,436
Wholesale trade 273,664,027 961,978
Groceries and related products 3,804,623 * 6,653
Machinery, equipment, and
supplies 7,904,869 * 13,758
Miscellaneous wholesale trade 261,954,535 941,567
Drugs, chemicals, and allied
products 33,814,377 * 75,904
Petroleum and petroleum
products * 10,339,775 * 90,077
Other miscellaneous wholesale
trade 216,628,689 774,418
Retail trade 406,143,984 748,459
Building materials, garden
supplies, and mobile home
dealers * 42,521,495 * 43,676
General merchandise stores * 240,025,855 * 8,003
Food stores 10,394,638 * 4
Automotive dealers and service
station * 1,390,642 * 167
Apparel and accessory stores 42,908,181 * 530,607
Furniture and home furnishing
stores 2,506,762 * 2,445
Eating and drinking places 27,402,608 * 159,269
All other retail stores 38,962,191 * 4,287
Finance, insurance, and real estate 1,485,647,335 3,155,182
Banking 306,383,259 845,381
Credit agencies other than banks 119,186,187 * 420,809
Security, commodity brokers, and
services 147,961,669 281,885
Insurance 846,688,164 796,912
Insurance agents, brokers, and
service 13,285,310 72,972
Real estate 32,894,694 94,728
Holding and other investment
companies, except bank holding
companies 18,491,181 641,884
Services 254,606,500 1,096,456
Hotels and other lodging places 31,863,249 * 25,045
Personal services 6,593,329 * 32,281
Business services 122,040,305 758,000
Auto repair;
miscellaneous repair services 5,641,239 * 2,253
Amusement and recreation services 35,641,540 * 176,280
All other services 51,727,814 100,781
Includable
Dividends income of
Major and selected minor received from Controlled
industrial group IC-DISC’s or Foreign
former DISC’s Corporations
(5) (6)
All industries 19,520 22,187,348
Agriculture, forestry, and fishing — * 16,116
Mining — 208,842
Metal mining — * 364
Coal mining — * 3,777
Oil and gas extraction — 204,701
Nonmetallic minerals, except
fuels — —
Construction — * 36,305
General building contractors — * 36,243
Heavy construction contractors — * 62
Special trade contractors — —
Manufacturing 19,520 15,129,035
Food and kindred products * 66 830,700
Tobacco manufactures — * 1,124,323
Textile mill products — * 23,742
Apparel and other textile
products * 31 * 89,734
Lumber and wood products — * 53,881
Furniture and fixtures — * 61,170
Paper and allied products — 156,636
Printing and publishing * 21 * 71,460
Industrial plastics and
synthetic material * 9,441 876,131
Drugs * 1,026 2,059,262
Other chemicals * 767 550,540
Petroleum (including integrated)
and coal products — 1,081,502
Rubber and miscellaneous
plastics products * 602 39,963
Leather and leather products — * 3,314
Stone, clay, and glass products — * 29,811
Primary metal industries — 269,497
Fabricated metal products * 1,063 312,468
Office, computing, and
accounting equipment — 460,842
Other machinery, except
electrical * 3,094 707,255
Electrical and electronic
equipment * 656 2,623,823
Motor vehicles and equipment — 2,286,353
Transportation equipment, except
motor vehicles * 537 234,973
Instruments and related products * 1,347 1,084,584
Miscellaneous manufacturing and
manufacturing not allocable * 850 85,277
Transportation and public utilities — 1,180,148
Transportation — 89,493
Water transportation — * 61,319
All other transportation — 28,174
Communication — * 592,581
Electric, gas, and sanitary
services — 498,074
Wholesale and retail trade — 820,799
Wholesale trade — 508,393
Groceries and related products — * 265
Machinery, equipment, and
supplies — * 5,346
Miscellaneous wholesale trade — 502,782
Drugs, chemicals, and allied
products — * 42,548
Petroleum and petroleum
products — * 49,648
Other miscellaneous wholesale
trade — 390,205
Retail trade — 312,406
Building materials, garden
supplies, and mobile home
dealers — —
General merchandise stores — * 65,769
Food stores — —
Automotive dealers and service
station — * 7
Apparel and accessory stores — * 135,566
Furniture and home furnishing
stores — * 9,985
Eating and drinking places — * 63,469
All other retail stores — * 37,610
Finance, insurance, and real estate * (2) 4,123,434
Banking — 921,235
Credit agencies other than banks — * 407,083
Security, commodity brokers, and
services * (2) 649,041
Insurance — 1,750,215
Insurance agents, brokers, and
service — * 41,095
Real estate — * 3,110
Holding and other investment
companies, except bank holding
companies — 350,889
Services — 659,205
Hotels and other lodging places — * 13,424
Personal services — * 822
Business services — 544,188
Auto repair;
miscellaneous repair services — * 5,918
Amusement and recreation services — * 29,935
All other services — 62,121
Foreign
dividend
income
Major and selected minor resulting from Net income
industrial group foreign taxes (less deficit)
deemed paid
(gross-up)
(7) (8)
All industries 27,092,409 398,898,244
Agriculture, forestry, and fishing * 42,782 524,523
Mining 112,335 4,147,891
Metal mining * 3,097 606,201
Coal mining * 997 * 365,294
Oil and gas extraction 91,239 2,769,431
Nonmetallic minerals, except
fuels * 17,001 402,111
Construction 32,630 973,898
General building contractors * 25,963 517,288
Heavy construction contractors * 2,121 375,170
Special trade contractors * 4,546 79,363
Manufacturing 21,506,856 198,568,318
Food and kindred products 1,649,484 13,107,334
Tobacco manufactures * 1,114,659 * 7,624,782
Textile mill products 7,789 469,662
Apparel and other textile
products 164,313 2,051,342
Lumber and wood products * 2,626 778,764
Furniture and fixtures * 56,395 1,143,789
Paper and allied products 481,273 4,039,028
Printing and publishing 110,460 6,683,275
Industrial plastics and
synthetic material 1,323,133 10,757,189
Drugs 2,505,855 20,286,959
Other chemicals 1,215,054 9,493,491
Petroleum (including integrated)
and coal products 2,921,797 21,182,883
Rubber and miscellaneous
plastics products 327,859 2,297,462
Leather and leather products * 3,713 * 209,676
Stone, clay, and glass products 150,926 2,699,818
Primary metal industries 318,929 3,443,473
Fabricated metal products 498,800 6,031,625
Office, computing, and
accounting equipment 1,369,173 11,024,116
Other machinery, except
electrical 1,466,680 12,768,712
Electrical and electronic
equipment 2,358,487 28,257,254
Motor vehicles and equipment 2,305,503 14,565,432
Transportation equipment, except
motor vehicles 237,186 6,218,031
Instruments and related products 767,287 11,068,207
Miscellaneous manufacturing and
manufacturing not allocable 145,874 2,090,700
Transportation and public utilities 1,145,926 40,064,661
Transportation 63,516 7,002,879
Water transportation * 16,979 486,260
All other transportation 46,121 6,507,851
Communication * 357,348 20,001,054
Electric, gas, and sanitary
services 725,062 13,037,964
Wholesale and retail trade 832,089 30,454,071
Wholesale trade 405,101 9,378,747
Groceries and related products * 1,301 128,248
Machinery, equipment, and
supplies * 7,778 435,635
Miscellaneous wholesale trade 396,022 8,814,865
Drugs, chemicals, and allied
products * 69,486 713,251
Petroleum and petroleum
products * 55,975 * 350,182
Other miscellaneous wholesale
trade 257,029 7,589,152
Retail trade 426,988 21,075,324
Building materials, garden
supplies, and mobile home
dealers * 31,906 * 2,949,054
General merchandise stores * 10,960 * 9,785,892
Food stores — 332,702
Automotive dealers and service
station — * 42,549
Apparel and accessory stores * 191,858 3,720,526
Furniture and home furnishing
stores * 1,634 163,028
Eating and drinking places * 186,309 2,529,229
All other retail stores * 4,322 1,551,969
Finance, insurance, and real estate 2,439,859 101,941,949
Banking 606,456 26,260,749
Credit agencies other than banks * 138,427 5,927,835
Security, commodity brokers, and
services 692,054 9,861,688
Insurance 453,884 52,889,296
Insurance agents, brokers, and
service * 71,436 1,933,942
Real estate * 2,720 1,332,972
Holding and other investment
companies, except bank holding
companies 474,167 3,701,134
Services 970,732 22,185,305
Hotels and other lodging places * 20,467 1,401,357
Personal services * 20,204 1,346,588
Business services 767,061 12,483,461
Auto repair;
miscellaneous repair services * 3,996 276,896
Amusement and recreation services * 96,612 2,822,438
All other services 61,739 3,808,918
U.S. income
tax before
credits
Income
Major and selected minor subject to Total
industrial group U.S. tax
(9) (10)
All industries 377,129,783 132,740,630
Agriculture, forestry, and fishing 500,095 175,522
Mining 3,866,280 1,398,196
Metal mining 555,978 212,134
Coal mining * 343,811 * 128,393
Oil and gas extraction 2,563,513 914,555
Nonmetallic minerals, except
fuels 398,163 142,078
Construction 922,097 323,166
General building contractors 473,621 165,402
Heavy construction contractors 372,490 131,582
Special trade contractors 73,924 25,560
Manufacturing 185,943,283 65,542,089
Food and kindred products 12,160,424 4,297,812
Tobacco manufactures * 7,356,266 * 2,575,377
Textile mill products 431,727 150,471
Apparel and other textile
products 2,032,983 720,175
Lumber and wood products 746,643 261,081
Furniture and fixtures 1,122,214 393,423
Paper and allied products 3,895,780 1,379,059
Printing and publishing 6,133,778 2,158,242
Industrial plastics and
synthetic material 9,428,678 3,355,717
Drugs 18,665,518 6,539,410
Other chemicals 9,248,899 3,265,697
Petroleum (including integrated)
and coal products 20,693,021 7,253,421
Rubber and miscellaneous
plastics products 2,199,926 771,096
Leather and leather products * 206,687 * 72,063
Stone, clay, and glass products 2,501,265 876,245
Primary metal industries 3,216,331 1,126,287
Fabricated metal products 5,769,483 2,017,253
Office, computing, and
accounting equipment 10,863,315 3,913,571
Other machinery, except
electrical 11,645,087 4,085,825
Electrical and electronic
equipment 25,950,300 9,069,071
Motor vehicles and equipment 13,938,180 5,049,549
Transportation equipment, except
motor vehicles 5,524,409 1,933,136
Instruments and related products 10,005,152 3,506,188
Miscellaneous manufacturing and
manufacturing not allocable 1,982,993 692,739
Transportation and public utilities 39,178,320 13,735,369
Transportation 6,378,475 2,275,545
Water transportation 427,277 153,573
All other transportation 5,942,432 2,118,991
Communication 19,836,675 6,915,389
Electric, gas, and sanitary
services 12,948,838 4,539,558
Wholesale and retail trade 29,888,664 10,476,109
Wholesale trade 8,899,756 3,121,614
Groceries and related products 126,639 43,989
Machinery, equipment, and
supplies 388,663 134,711
Miscellaneous wholesale trade 8,384,454 2,942,914
Drugs, chemicals, and allied
products 594,644 211,677
Petroleum and petroleum
products * 306,584 * 107,173
Other miscellaneous wholesale
trade 7,330,665 2,572,163
Retail trade 20,988,909 7,354,495
Building materials, garden
supplies, and mobile home
dealers * 2,947,119 * 1,031,378
General merchandise stores * 9,741,478 * 3,409,765
Food stores 331,070 114,357
Automotive dealers and service
station * 42,064 * 14,425
Apparel and accessory stores 3,718,355 1,312,151
Furniture and home furnishing
stores 161,363 55,811
Eating and drinking places 2,510,700 879,932
All other retail stores 1,536,446 536,569
Finance, insurance, and real estate 95,892,380 33,737,730
Banking 25,723,785 9,036,799
Credit agencies other than banks 5,693,391 1,992,568
Security, commodity brokers, and
services 9,313,231 3,270,743
Insurance 48,181,415 16,997,445
Insurance agents, brokers, and
service 2,201,602 764,277
Real estate 1,207,311 425,434
Holding and other investment
companies, except bank holding
companies 3,537,337 1,238,659
Services 20,902,122 7,339,653
Hotels and other lodging places 1,364,685 479,013
Personal services 1,344,174 470,311
Business services 11,664,641 4,104,880
Auto repair;
miscellaneous repair services 171,004 61,643
Amusement and recreation services 2,640,500 921,990
All other services 3,672,387 1,286,419
U.S. income
tax before
credits
Regular and
Major and selected minor alternative Foreign tax
industrial group minimum credit
tax claimed
(11) (12)
All industries 132,832,709 37,338,380
Agriculture, forestry, and fishing 175,520 52,931
Mining 1,397,159 504,285
Metal mining 212,134 90,904
Coal mining * 128,393 * 62,483
Oil and gas extraction 913,523 335,656
Nonmetallic minerals, except
fuels 142,073 15,229
Construction 319,907 70,498
General building contractors 164,162 50,517
Heavy construction contractors 129,775 11,828
Special trade contractors 25,348 7,791
Manufacturing 65,641,464 27,171,848
Food and kindred products 4,297,805 1,939,616
Tobacco manufactures * 2,575,377 * 1,228,545
Textile mill products 150,471 9,369
Apparel and other textile
products 719,993 165,124
Lumber and wood products 261,081 8,886
Furniture and fixtures 393,435 57,306
Paper and allied products 1,379,314 549,375
Printing and publishing 2,157,936 158,780
Industrial plastics and
synthetic material 3,355,818 1,521,323
Drugs 6,539,410 2,644,473
Other chemicals 3,265,697 1,356,731
Petroleum (including integrated)
and coal products 7,260,725 4,295,129
Rubber and miscellaneous
plastics products 771,592 321,530
Leather and leather products * 72,063 * 12,309
Stone, clay, and glass products 876,102 143,440
Primary metal industries 1,137,950 395,210
Fabricated metal products 2,018,145 599,144
Office, computing, and
accounting equipment 3,913,516 3,062,138
Other machinery, except
electrical 4,086,438 1,850,891
Electrical and electronic
equipment 9,159,453 2,666,334
Motor vehicles and equipment 5,037,701 2,582,991
Transportation equipment, except
motor vehicles 1,932,987 328,002
Instruments and related products 3,505,153 1,086,682
Miscellaneous manufacturing and
manufacturing not allocable 694,057 173,186
Transportation and public utilities 13,740,278 1,198,523
Transportation 2,275,545 148,191
Water transportation 153,573 55,058
All other transportation 2,118,991 91,593
Communication 6,920,929 411,647
Electric, gas, and sanitary
services 4,538,930 637,459
Wholesale and retail trade 10,477,054 1,276,965
Wholesale trade 3,121,472 537,639
Groceries and related products 43,989 3,350
Machinery, equipment, and
supplies 134,715 15,030
Miscellaneous wholesale trade 2,942,769 519,259
Drugs, chemicals, and allied
products 211,663 89,888
Petroleum and petroleum
products * 107,173 * 32,522
Other miscellaneous wholesale
trade 2,572,031 387,244
Retail trade 7,355,582 739,326
Building materials, garden
supplies, and mobile home
dealers * 1,031,378 * 29,783
General merchandise stores * 3,409,765 * 66,168
Food stores 115,743 10,938
Automotive dealers and service
station * 14,425 * 557
Apparel and accessory stores 1,312,151 234,535
Furniture and home furnishing
stores 56,180 2,567
Eating and drinking places 879,265 367,663
All other retail stores 536,569 27,113
Finance, insurance, and real estate 33,732,319 5,581,569
Banking 9,036,705 2,076,142
Credit agencies other than banks 1,992,568 524,201
Security, commodity brokers, and
services 3,269,452 1,054,742
Insurance 16,996,572 1,356,070
Insurance agents, brokers, and
service 764,277 70,467
Real estate 423,644 17,341
Holding and other investment
companies, except bank holding
companies 1,237,296 480,937
Services 7,336,212 1,470,371
Hotels and other lodging places 478,673 40,307
Personal services 470,311 21,441
Business services 4,102,185 1,107,272
Auto repair;
miscellaneous repair services 61,562 4,783
Amusement and recreation services 921,990 171,511
All other services 1,286,093 123,331
U.S. General
Major and selected minor possessions business
industrial group tax credit credit
(13) (14)
All industries 339,990 3,855,629
Agriculture, forestry, and fishing — * 5,461
Mining — * 56,252
Metal mining — —
Coal mining — * 1
Oil and gas extraction — * 55,666
Nonmetallic minerals, except
fuels — * 585
Construction — * 10,507
General building contractors — * 10,278
Heavy construction contractors — * 227
Special trade contractors — * 2
Manufacturing 333,719 2,345,425
Food and kindred products * 45,211 66,104
Tobacco manufactures — * 17,332
Textile mill products — * 3,068
Apparel and other textile
products * 229 * 4,112
Lumber and wood products — * 618
Furniture and fixtures — * 5,825
Paper and allied products * 114 50,819
Printing and publishing * 348 5,414
Industrial plastics and
synthetic material * 1,878 81,014
Drugs * 237,337 462,366
Other chemicals * 1,840 80,336
Petroleum (including integrated)
and coal products — * 151,794
Rubber and miscellaneous
plastics products * 784 11,733
Leather and leather products — * 506
Stone, clay, and glass products — 10,215
Primary metal industries — 20,075
Fabricated metal products — 29,691
Office, computing, and
accounting equipment — 67,841
Other machinery, except
electrical * 43 57,211
Electrical and electronic
equipment — 550,938
Motor vehicles and equipment — 420,301
Transportation equipment, except
motor vehicles — 65,429
Instruments and related products * 45,934 160,774
Miscellaneous manufacturing and
manufacturing not allocable — 17,717
Transportation and public utilities — 281,424
Transportation — 36,416
Water transportation — * 1,460
All other transportation — 34,955
Communication — 115,513
Electric, gas, and sanitary
services — 129,495
Wholesale and retail trade — 173,663
Wholesale trade — 52,166
Groceries and related products — —
Machinery, equipment, and
supplies — * 1,872
Miscellaneous wholesale trade — 50,294
Drugs, chemicals, and allied
products — * 2,486
Petroleum and petroleum
products — * 5,701
Other miscellaneous wholesale
trade — 42,107
Retail trade — 121,497
Building materials, garden
supplies, and mobile home
dealers — * 7,281
General merchandise stores — * 57,640
Food stores — * 1,645
Automotive dealers and service
station — 38
Apparel and accessory stores — * 6,187
Furniture and home furnishing
stores — * 193
Eating and drinking places — 38,247
All other retail stores — 10,256
Finance, insurance, and real estate — 701,540
Banking — 344,496
Credit agencies other than banks — * 63,772
Security, commodity brokers, and
services — 26,940
Insurance — 246,363
Insurance agents, brokers, and
service — * 7,598
Real estate — * 3,814
Holding and other investment
companies, except bank holding
companies — 8,520
Services * 6,271 281,357
Hotels and other lodging places * 6,271 * 38,617
Personal services — * 1,842
Business services — 194,774
Auto repair;
miscellaneous repair services — * 1,142
Amusement and recreation services — * 13,409
All other services — 30,952
Foreign
income and
taxes
reported on
Form 1118
Gross
income
(less loss)
U.S. income
Major and selected minor tax after Total
industrial group credits (3)
(15) (16)
All industries 88,652,512 349,386,789
Agriculture, forestry, and fishing 114,937 285,435
Mining 810,693 5,537,629
Metal mining 118,074 1,149,376
Coal mining * 65,895 * 488,956
Oil and gas extraction 504,440 3,830,365
Nonmetallic minerals, except
fuels 121,262 68,839
Construction 235,333 699,779
General building contractors 98,240 392,846
Heavy construction contractors 119,422 208,339
Special trade contractors 17,575 96,477
Manufacturing 34,658,931 175,788,740
Food and kindred products 2,195,003 11,051,056
Tobacco manufactures * 1,320,415 * 6,412,358
Textile mill products 133,917 76,735
Apparel and other textile
products 550,713 989,431
Lumber and wood products 226,523 142,965
Furniture and fixtures 330,089 246,481
Paper and allied products 762,691 2,395,056
Printing and publishing 1,991,424 5,209,003
Industrial plastics and
synthetic material 1,604,750 10,037,665
Drugs 3,147,847 14,461,763
Other chemicals 1,826,506 7,678,029
Petroleum (including integrated)
and coal products 2,402,413 27,901,527
Rubber and miscellaneous
plastics products 388,096 1,700,258
Leather and leather products * 59,249 * 146,620
Stone, clay, and glass products 704,686 942,347
Primary metal industries 665,004 2,451,399
Fabricated metal products 1,372,805 3,205,723
Office, computing, and
accounting equipment 770,156 16,454,054
Other machinery, except
electrical 2,152,970 10,318,942
Electrical and electronic
equipment 5,832,481 24,956,701
Motor vehicles and equipment 2,014,728 11,268,229
Transportation equipment, except
motor vehicles 1,522,958 4,408,784
Instruments and related products 2,124,567 11,731,509
Miscellaneous manufacturing and
manufacturing not allocable 500,634 1,446,673
Transportation and public utilities 11,556,307 20,865,576
Transportation 1,646,362 9,084,396
Water transportation 85,724 306,120
All other transportation 1,559,198 8,768,119
Communication 6,365,598 7,883,226
Electric, gas, and sanitary
services 3,540,750 3,888,203
Wholesale and retail trade 8,739,864 10,000,750
Wholesale trade 2,318,751 5,152,708
Groceries and related products 37,809 59,532
Machinery, equipment, and
supplies 114,746 234,636
Miscellaneous wholesale trade 2,166,196 4,858,540
Drugs, chemicals, and allied
products 94,469 687,121
Petroleum and petroleum
products * 55,850 * 339,621
Other miscellaneous wholesale
trade 1,973,971 3,774,287
Retail trade 6,421,113 4,848,042
Building materials, garden
supplies, and mobile home
dealers * 994,314 * 89,418
General merchandise stores * 3,220,983 * 715,165
Food stores 101,774 84,804
Automotive dealers and service
station * 13,765 * 12,293
Apparel and accessory stores 1,069,646 1,105,845
Furniture and home furnishing
stores 52,749 34,803
Eating and drinking places 471,921 2,308,071
All other retail stores 495,866 497,625
Finance, insurance, and real estate 26,985,727 109,353,735
Banking 6,510,705 53,753,319
Credit agencies other than banks 1,403,324 16,357,242
Security, commodity brokers, and
services 2,097,491 12,576,796
Insurance 15,135,975 23,684,583
Insurance agents, brokers, and
service 681,608 403,097
Real estate 402,384 603,580
Holding and other investment
companies, except bank holding
companies 744,137 1,958,326
Services 5,549,313 26,807,506
Hotels and other lodging places 393,784 655,156
Personal services 447,029 99,882
Business services 2,775,665 19,605,488
Auto repair;
miscellaneous repair services 55,684 50,422
Amusement and recreation services 736,860 3,946,056
All other services 1,127,474 2,411,948
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Foreign
dividend
income
Major and selected minor Dividends resulting from
industrial group foreign taxes
deemed paid
(gross-up)
(17) (18)
All industries 60,541,096 27,074,099
Agriculture, forestry, and fishing 56,952 * 42,782
Mining 347,907 112,335
Metal mining * 9,635 * 3,097
Coal mining 5,237 * 997
Oil and gas extraction 305,631 91,239
Nonmetallic minerals, except
fuels * 27,310 * 17,001
Construction 95,216 32,627
General building contractors 83,235 * 25,960
Heavy construction contractors * 3,908 * 2,121
Special trade contractors 8,073 * 4,546
Manufacturing 45,611,630 21,488,230
Food and kindred products 3,760,822 1,649,593
Tobacco manufactures * 2,370,305 * 1,103,909
Textile mill products 28,157 7,789
Apparel and other textile
products 307,488 164,315
Lumber and wood products * 55,215 * 2,626
Furniture and fixtures 130,628 * 56,395
Paper and allied products 785,638 481,273
Printing and publishing 340,223 110,460
Industrial plastics and
synthetic material 3,207,742 1,322,956
Drugs 4,329,884 2,502,427
Other chemicals 2,258,089 1,215,606
Petroleum (including integrated)
and coal products 6,137,025 2,920,129
Rubber and miscellaneous
plastics products 473,946 327,859
Leather and leather products * 8,293 * 3,713
Stone, clay, and glass products 329,201 150,926
Primary metal industries 765,368 318,862
Fabricated metal products 1,011,003 499,003
Office, computing, and
accounting equipment 2,396,863 1,369,173
Other machinery, except
electrical 4,068,873 1,466,367
Electrical and electronic
equipment 5,136,356 2,356,017
Motor vehicles and equipment 4,648,874 2,305,548
Transportation equipment, except
motor vehicles 598,047 237,186
Instruments and related products 2,105,014 766,622
Miscellaneous manufacturing and
manufacturing not allocable 340,801 145,874
Transportation and public utilities 2,818,518 1,145,429
Transportation 159,553 63,516
Water transportation * 72,012 * 16,979
All other transportation 86,653 46,121
Communication 928,771 * 357,293
Electric, gas, and sanitary
services 1,730,195 724,620
Wholesale and retail trade 2,522,847 832,143
Wholesale trade 1,464,378 405,146
Groceries and related products * 6,914 * 1,301
Machinery, equipment, and
supplies 19,105 * 7,778
Miscellaneous wholesale trade 1,438,359 396,067
Drugs, chemicals, and allied
products * 116,435 * 69,530
Petroleum and petroleum
products * 139,722 * 55,978
Other miscellaneous wholesale
trade 1,160,642 257,029
Retail trade 1,058,469 426,997
Building materials, garden
supplies, and mobile home
dealers * 43,698 * 31,906
General merchandise stores * 73,812 * 10,960
Food stores * 10 —
Automotive dealers and service
station * 175 —
Apparel and accessory stores * 666,141 * 191,863
Furniture and home furnishing
stores * 12,430 * 1,637
Eating and drinking places * 220,665 * 186,309
All other retail stores 41,538 * 4,322
Finance, insurance, and real estate 7,149,158 2,438,877
Banking 1,804,201 605,892
Credit agencies other than banks 774,571 * 138,427
Security, commodity brokers, and
services 838,724 692,054
Insurance 2,532,278 453,456
Insurance agents, brokers, and
service 112,771 * 71,434
Real estate 97,885 * 2,720
Holding and other investment
companies, except bank holding
companies 987,352 474,180
Services 1,901,950 972,476
Hotels and other lodging places * 38,469 * 20,467
Personal services * 33,103 * 20,204
Business services 1,306,195 767,370
Auto repair;
miscellaneous repair services * 8,019 * 3,996
Amusement and recreation services 346,883 * 96,611
All other services 164,667 63,174
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Rents,
Major and selected minor royalties,
industrial group Interest and
license fees
(19) (20)
All industries 68,413,782 55,875,295
Agriculture, forestry, and fishing * 26,048 * 19,842
Mining 217,728 397,328
Metal mining * 32,979 * 267
Coal mining * 65,083 * 28,475
Oil and gas extraction 111,975 363,688
Nonmetallic minerals, except
fuels * 7,691 * 4,898
Construction 10,327 62,688
General building contractors * 5,707 * 48,976
Heavy construction contractors * 2,274 * 7,816
Special trade contractors * 2,345 * 3,780
Manufacturing 9,484,570 38,330,878
Food and kindred products 345,371 2,134,463
Tobacco manufactures * 57,025 * 1,166,241
Textile mill products * 4,194 * 18,636
Apparel and other textile
products 29,807 348,188
Lumber and wood products * 33,450 * 10,499
Furniture and fixtures * 9,203 11,273
Paper and allied products 44,233 512,362
Printing and publishing 20,858 2,541,890
Industrial plastics and
synthetic material 420,956 1,811,764
Drugs 251,517 2,794,200
Other chemicals 146,190 1,845,157
Petroleum (including integrated)
and coal products 3,801,909 498,907
Rubber and miscellaneous
plastics products 63,006 383,945
Leather and leather products * 1,710 * 61,302
Stone, clay, and glass products 32,165 135,049
Primary metal industries 146,422 137,310
Fabricated metal products 139,315 255,955
Office, computing, and
accounting equipment 256,597 10,297,921
Other machinery, except
electrical 442,670 693,220
Electrical and electronic
equipment 2,074,137 3,796,075
Motor vehicles and equipment 403,197 1,707,216
Transportation equipment, except
motor vehicles 418,810 733,669
Instruments and related products 303,085 5,878,926
Miscellaneous manufacturing and
manufacturing not allocable 20,348 496,308
Transportation and public utilities 810,465 391,954
Transportation 53,008 72,391
Water transportation * 6,741 * 110
All other transportation 46,194 72,281
Communication 149,305 268,236
Electric, gas, and sanitary
services 608,152 * 51,327
Wholesale and retail trade 583,221 1,501,570
Wholesale trade 319,207 363,315
Groceries and related products * 2,325 * 5,899
Machinery, equipment, and
supplies 11,988 * 12,998
Miscellaneous wholesale trade 304,894 344,418
Drugs, chemicals, and allied
products * 15,275 * 33,512
Petroleum and petroleum
products * 4,110 * 309
Other miscellaneous wholesale
trade 285,044 310,526
Retail trade 264,015 1,138,254
Building materials, garden
supplies, and mobile home
dealers — * 13,156
General merchandise stores * 21,179 * 137,559
Food stores * 12,166 * 71,218
Automotive dealers and service
station * 247 * 11,679
Apparel and accessory stores * 7,584 * 83,259
Furniture and home furnishing
stores * 187 * 12,896
Eating and drinking places * 200,080 667,270
All other retail stores * 22,570 141,216
Finance, insurance, and real estate 56,781,286 2,543,806
Banking 34,704,362 1,379,414
Credit agencies other than banks 7,482,252 * 252,139
Security, commodity brokers, and
services 6,933,236 * 17,310
Insurance 7,161,860 812,240
Insurance agents, brokers, and
service * 14,789 * 15
Real estate 396,280 * 21,560
Holding and other investment
companies, except bank holding
companies 88,492 61,127
Services 500,136 12,626,868
Hotels and other lodging places 59,209 * 88,170
Personal services * 4,714 * 20,137
Business services 272,646 9,336,728
Auto repair;
miscellaneous repair services * 1,357 * 23,753
Amusement and recreation services * 151,228 2,925,024
All other services 10,788 227,942
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Major and selected minor Service Other
industrial group income income
(21) (22)
All industries 23,414,004 114,068,512
Agriculture, forestry, and fishing * 945 * 138,866
Mining 2,154,382 2,307,949
Metal mining * 265,367 * 838,030
Coal mining * -14,039 * 403,203
Oil and gas extraction 1,902,891 1,054,941
Nonmetallic minerals, except
fuels * 163 * 11,776
Construction 372,694 126,227
General building contractors 217,458 * 11,510
Heavy construction contractors * 126,403 * 65,818
Special trade contractors 28,832 * 48,899
Manufacturing 3,553,378 57,320,053
Food and kindred products 158,641 3,002,166
Tobacco manufactures — * 1,714,878
Textile mill products * 851 * 17,109
Apparel and other textile
products * 12,782 * 126,851
Lumber and wood products * 113 * 41,063
Furniture and fixtures * 7,631 * 31,351
Paper and allied products * 50,881 520,669
Printing and publishing 136,745 2,058,826
Industrial plastics and
synthetic material 185,339 3,088,909
Drugs * 195,728 4,388,007
Other chemicals 44,385 2,168,601
Petroleum (including integrated)
and coal products * 96,823 14,446,735
Rubber and miscellaneous
plastics products * 35,444 416,058
Leather and leather products * 13,693 * 57,908
Stone, clay, and glass products * 61,879 233,128
Primary metal industries 28,615 1,054,822
Fabricated metal products 110,425 1,190,022
Office, computing, and
accounting equipment * 328,278 1,805,221
Other machinery, except
electrical 221,865 3,425,947
Electrical and electronic
equipment 1,171,215 10,422,900
Motor vehicles and equipment * 3,865 2,199,530
Transportation equipment, except
motor vehicles 624,461 1,796,611
Instruments and related products 51,133 2,626,729
Miscellaneous manufacturing and
manufacturing not allocable * 11,879 431,463
Transportation and public utilities 9,092,416 6,606,793
Transportation 8,698,324 37,604
Water transportation * 182,869 * 27,410
All other transportation 8,506,682 * 10,187
Communication 259,594 5,920,028
Electric, gas, and sanitary
services 129,308 644,602
Wholesale and retail trade 309,391 4,251,578
Wholesale trade 104,981 2,495,681
Groceries and related products * 1,634 * 41,459
Machinery, equipment, and
supplies * 3,752 179,015
Miscellaneous wholesale trade 99,594 2,275,207
Drugs, chemicals, and allied
products * 14,049 438,320
Petroleum and petroleum
products * 3,444 * 136,059
Other miscellaneous wholesale
trade 81,662 1,679,384
Retail trade 204,410 1,755,897
Building materials, garden
supplies, and mobile home
dealers — * 658
General merchandise stores * 191,669 * 279,987
Food stores — * 1,410
Automotive dealers and service
station — * 192
Apparel and accessory stores — 156,997
Furniture and home furnishing
stores — * 7,653
Eating and drinking places * 7,539 * 1,026,207
All other retail stores * 5,203 282,776
Finance, insurance, and real estate 2,644,466 37,796,142
Banking 520,891 14,738,560
Credit agencies other than banks * 2,340 7,707,511
Security, commodity brokers, and
services 379,365 3,716,107
Insurance 1,467,088 11,257,661
Insurance agents, brokers, and
service * 140,696 * 63,393
Real estate * 74,026 11,109
Holding and other investment
companies, except bank holding
companies 60,060 287,115
Services 5,286,331 5,519,746
Hotels and other lodging places * 106,473 * 342,368
Personal services * 16,472 * 5,253
Business services 3,089,796 4,832,753
Auto repair;
miscellaneous repair services * 5,865 * 7,431
Amusement and recreation services * 326,979 * 99,330
All other services 1,740,163 205,214
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Oil and gas
extraction Foreign
Major and selected minor income branch
industrial group (less income (4)
loss) (4)
(23) (24)
All industries 15,127,351 87,251,267
Agriculture, forestry, and fishing — —
Mining 472,333 2,007,499
Metal mining — * 220,753
Coal mining — * 61,285
Oil and gas extraction * 461,279 1,701,647
Nonmetallic minerals, except
fuels * 11,054 * 23,814
Construction — * 107,451
General building contractors — * 60,014
Heavy construction contractors — * 27,581
Special trade contractors — * 19,856
Manufacturing 14,509,761 21,589,235
Food and kindred products — 1,686,674
Tobacco manufactures — * 954,818
Textile mill products — * 1,639
Apparel and other textile
products — * 122,504
Lumber and wood products — * 952
Furniture and fixtures — * 23,406
Paper and allied products — 15,641
Printing and publishing — 269,734
Industrial plastics and
synthetic material * 1,335,459 1,115,467
Drugs — 1,287,087
Other chemicals — 1,357,243
Petroleum (including integrated)
and coal products 13,174,302 9,090,042
Rubber and miscellaneous
plastics products — 142,337
Leather and leather products — * 9,840
Stone, clay, and glass products — * 63,539
Primary metal industries — 391,176
Fabricated metal products — 315,735
Office, computing, and
accounting equipment — 1,154,855
Other machinery, except
electrical — 574,462
Electrical and electronic
equipment — 1,042,464
Motor vehicles and equipment — * 1,110,706
Transportation equipment, except
motor vehicles — 427,944
Instruments and related products — 284,282
Miscellaneous manufacturing and
manufacturing not allocable — 144,802
Transportation and public utilities * 13,226 6,119,843
Transportation — 4,724,738
Water transportation — * 26,636
All other transportation — * 4,698,101
Communication — * 607,694
Electric, gas, and sanitary
services * 13,226 787,411
Wholesale and retail trade * 111,489 2,329,487
Wholesale trade * 111,489 794,889
Groceries and related products — * 13,972
Machinery, equipment, and
supplies — * 24,412
Miscellaneous wholesale trade * 111,489 756,506
Drugs, chemicals, and allied
products — * 330,704
Petroleum and petroleum
products * 111,489 * 3,608
Other miscellaneous wholesale
trade — 422,194
Retail trade — 1,534,597
Building materials, garden
supplies, and mobile home
dealers — —
General merchandise stores — * 284,521
Food stores — —
Automotive dealers and service
station — —
Apparel and accessory stores — * 13,702
Furniture and home furnishing
stores — —
Eating and drinking places — * 959,583
All other retail stores — * 276,792
Finance, insurance, and real estate * 20,542 49,311,082
Banking — 34,193,438
Credit agencies other than banks — * 5,465,375
Security, commodity brokers, and
services — * 343,090
Insurance — 9,165,065
Insurance agents, brokers, and
service — * 54,976
Real estate — * 34,814
Holding and other investment
companies, except bank holding
companies * 20,542 54,323
Services — 5,785,513
Hotels and other lodging places — * 339,753
Personal services — * 01,670
Business services — 4,878,678
Auto repair;
miscellaneous repair services — * 935
Amusement and recreation services — * 175,354
All other services — 365,427
Foreign income and taxes
reported on Form 1118
Gross
income Deductions
(less loss)
Specifically
allocable
Major and selected minor income Total
industrial group [section
863(b)] (4)
(25) (26)
All industries 9,176,112 202,269,920
Agriculture, forestry, and fishing * 127,202 * 115,564
Mining — 3,462,161
Metal mining — * 876,391
Coal mining — * 284,929
Oil and gas extraction — 2,283,875
Nonmetallic minerals, except
fuels — * 16,965
Construction * 23,307 458,270
General building contractors * 23,307 235,121
Heavy construction contractors — 155,226
Special trade contractors — * 67,004
Manufacturing 8,538,198 80,943,008
Food and kindred products * 71,879 4,297,904
Tobacco manufactures — * 2,390,864
Textile mill products * 4,676 32,541
Apparel and other textile
products * 1,788 296,541
Lumber and wood products — * 56,401
Furniture and fixtures * 960 * 69,353
Paper and allied products * 43,218 781,672
Printing and publishing * 3,671 3,760,614
Industrial plastics and
synthetic material * 119,928 5,083,615
Drugs * 444,041 5,458,801
Other chemicals * 225,167 3,297,801
Petroleum (including integrated)
and coal products * 472,640 15,055,260
Rubber and miscellaneous
plastics products * 16,195 690,218
Leather and leather products — * 71,593
Stone, clay, and glass products * 80,075 417,517
Primary metal industries * 58,910 1,237,755
Fabricated metal products * 12,483 1,333,091
Office, computing, and
accounting equipment * 41,602 6,613,897
Other machinery, except
electrical 252,776 4,381,134
Electrical and electronic
equipment 5,281,063 13,096,633
Motor vehicles and equipment * 327,587 3,657,824
Transportation equipment, except
motor vehicles * 78,952 2,642,022
Instruments and related products 1,000,587 5,401,336
Miscellaneous manufacturing and
manufacturing not allocable — 772,380
Transportation and public utilities * 1,132 14,020,153
Transportation * 1,132 8,039,025
Water transportation — * 108,142
All other transportation * 1,132 7,925,273
Communication — 4,514,299
Electric, gas, and sanitary
services — 1,461,136
Wholesale and retail trade * 86,253 4,737,737
Wholesale trade * 86,253 2,607,891
Groceries and related products — * 47,190
Machinery, equipment, and
supplies * 11,485 139,194
Miscellaneous wholesale trade * 72,454 2,421,507
Drugs, chemicals, and allied
products * 48,075 355,849
Petroleum and petroleum
products — * 228,842
Other miscellaneous wholesale
trade * 24,379 1,809,221
Retail trade * 2,314 2,129,846
Building materials, garden
supplies, and mobile home
dealers — * 3,909
General merchandise stores — * 437,436
Food stores — * 4,282
Automotive dealers and service
station — * 6,200
Apparel and accessory stores — 166,639
Furniture and home furnishing
stores — * 12,773
Eating and drinking places * 125 1,236,659
All other retail stores * 2,189 261,948
Finance, insurance, and real estate * 2,140 80,205,399
Banking — 44,588,772
Credit agencies other than banks — 12,363,752
Security, commodity brokers, and
services — 8,513,284
Insurance — 14,065,403
Insurance agents, brokers, and
service — 200,094
Real estate — 65,722
Holding and other investment
companies, except bank holding
companies * 144 398,213
Services 397,880 18,326,211
Hotels and other lodging places — * 489,482
Personal services * 3,167 * 26,379
Business services 245,969 12,716,652
Auto repair;
miscellaneous repair services — 22,115
Amusement and recreation services * 142,579 3,329,168
All other services * 6,164 1,710,331
Foreign income and taxes
reported on Form 1118
Deductions
Deductions allocable to
specific types of income
Rental,
royalty, and
licensing
expenses
Depreciation,
Total depletion,
Major and selected minor and
industrial group amortization
(27) (28)
All industries 108,022,787 1,290,753
Agriculture, forestry, and fishing * 70,985 —
Mining 2,619,659 102,587
Metal mining * 692,728 * 830
Coal mining * 244,603 —
Oil and gas extraction 1,675,451 101,757
Nonmetallic minerals, except
fuels * 6,876 —
Construction 383,923 * 2,089
General building contractors 204,282 * 10
Heavy construction contractors * 117,511 * 1,148
Special trade contractors * 61,211 * 25
Manufacturing 45,083,686 231,239
Food and kindred products 2,450,022 * 1,504
Tobacco manufactures * 1,650,364 —
Textile mill products * 7,205 —
Apparel and other textile
products 151,153 * 53
Lumber and wood products * 14,522 —
Furniture and fixtures * 30,863 * 1,034
Paper and allied products 255,588 * 5
Printing and publishing 2,143,176 * 432
Industrial plastics and
synthetic material 2,550,648 * 4,526
Drugs 2,697,371 —
Other chemicals 1,685,067 * 1,148
Petroleum (including integrated)
and coal products 12,984,024 * 11,673
Rubber and miscellaneous
plastics products 416,670 * 3,688
Leather and leather products * 28,320 * 39
Stone, clay, and glass products 182,477 * 31
Primary metal industries 753,662 * 121,368
Fabricated metal products 706,451 * 3,955
Office, computing, and
accounting equipment 1,892,105 * 4
Other machinery, except
electrical 2,100,492 * 1,723
Electrical and electronic
equipment 6,764,787 * 6,820
Motor vehicles and equipment 1,070,808 * 15,482
Transportation equipment, except
motor vehicles 2,131,142 * 41,371
Instruments and related products 1,987,459 * 1,907
Miscellaneous manufacturing and
manufacturing not allocable 419,208 * 14,270
Transportation and public utilities 12,389,580 7,347
Transportation 7,800,446 * 1,503
Water transportation * 84,426 * 333
All other transportation 7,710,411 * 1,169
Communication 3,949,526 * 60
Electric, gas, and sanitary
services 638,078 * 5,784
Wholesale and retail trade 3,008,232 4,915
Wholesale trade 1,445,111 3,490
Groceries and related products * 41,978 * 1,290
Machinery, equipment, and
supplies * 66,489 * 855
Miscellaneous wholesale trade 1,336,644 * 1,344
Drugs, chemicals, and allied
products * 40,169 —
Petroleum and petroleum
products * 126,647 —
Other miscellaneous wholesale
trade 1,149,624 * 1,344
Retail trade 1,563,122 * 1,426
Building materials, garden
supplies, and mobile home
dealers — —
General merchandise stores * 333,843 * 369
Food stores * 3,489 —
Automotive dealers and service
station * 6,200 —
Apparel and accessory stores * 113,155 —
Furniture and home furnishing
stores * 6,704 —
Eating and drinking places 885,508 —
All other retail stores * 214,222 * 1,057
Finance, insurance, and real estate 32,351,951 691,380
Banking 14,925,464 * 427,782
Credit agencies other than banks 7,590,320 * 64,763
Security, commodity brokers, and
services 1,846,172 * 151,091
Insurance 7,504,116 * 45,290
Insurance agents, brokers, and
service * 167,619 * 209
Real estate 53,240 * 2,003
Holding and other investment
companies, except bank holding
companies 255,389 * 241
Services 12,114,300 251,195
Hotels and other lodging places * 396,530 * 4,593
Personal services * 17,005 —
Business services 7,357,647 19,785
Auto repair;
miscellaneous repair services * 13,389 * 144
Amusement and recreation services 2,836,096 * 225,955
All other services 1,463,994 * 718
Foreign income and
taxes reported on
Form 1118
Deductions
Deductions allocable
to specific types of
income
Rental,
royalty,
and
licensing
expenses
Major and selected minor Service
industrial group Other expenses
(29) (30)
All industries 6,110,720 13,036,724
Agriculture, forestry, and fishing * 307 —
Mining 33,994 665,804
Metal mining * 95 * 18,190
Coal mining — —
Oil and gas extraction 33,885 647,507
Nonmetallic minerals, except
fuels * 14 * 107
Construction * 1,686 273,016
General building contractors * 455 * 151,980
Heavy construction contractors * 992 * 99,516
Special trade contractors * 228 * 21,520
Manufacturing 1,954,701 1,307,834
Food and kindred products * 741,022 * 18,645
Tobacco manufactures * 36,764 —
Textile mill products — * 725
Apparel and other textile
products * 14,539 * 4,209
Lumber and wood products — —
Furniture and fixtures — * 2,055
Paper and allied products * 10,465 * 6,198
Printing and publishing 121,619 * 70,228
Industrial plastics and
synthetic material * 12,411 * 111,889
Drugs * 105,265 * 44,199
Other chemicals * 1,168 * 14,167
Petroleum (including integrated)
and coal products * 267,321 * 108,026
Rubber and miscellaneous
plastics products * 12,909 * 1,190
Leather and leather products * 15,578 —
Stone, clay, and glass products * 887 * 51,728
Primary metal industries * 7,213 * 3,110
Fabricated metal products * 16,746 * 88,328
Office, computing, and
accounting equipment * 15,866 * 8,292
Other machinery, except
electrical 69,174 91,892
Electrical and electronic
equipment 168,017 116,875
Motor vehicles and equipment * 1,304 * 1,902
Transportation equipment, except
motor vehicles * 179,544 * 528,824
Instruments and related products 49,393 29,421
Miscellaneous manufacturing and
manufacturing not allocable * 98,970 * 5,335
Transportation and public utilities 14,316 5,747,958
Transportation * 4,649 5,513,662
Water transportation * 1,758 * 80,422
All other transportation * 2,891 5,427,630
Communication * 8,064 * 220,141
Electric, gas, and sanitary
services * 1,603 * 12,626
Wholesale and retail trade 361,400 158,257
Wholesale trade 255,873 67,322
Groceries and related products * 27,939 * 1,592
Machinery, equipment, and
supplies * 2,894 * 3,476
Miscellaneous wholesale trade 225,040 62,254
Drugs, chemicals, and allied
products — * 13,254
Petroleum and petroleum
products * 14 * 767
Other miscellaneous wholesale
trade 206,101 47,898
Retail trade 105,527 * 90,935
Building materials, garden
supplies, and mobile home
dealers — —
General merchandise stores — * 88,917
Food stores * 2,595 —
Automotive dealers and service
station * 4,679 —
Apparel and accessory stores * 6,497 —
Furniture and home furnishing
stores * 3,147 —
Eating and drinking places * 8,436 * 1,148
All other retail stores * 80,172 * 871
Finance, insurance, and real estate 1,019,041 1,119,170
Banking 333,456 * 164,693
Credit agencies other than banks * 2,844 * 19,972
Security, commodity brokers, and
services * 438,545 * 207,083
Insurance 227,945 585,945
Insurance agents, brokers, and
service * 70 * 112,161
Real estate * 9,191 * 23,006
Holding and other investment
companies, except bank holding
companies 3,772 * 3,109
Services 2,725,275 3,764,685
Hotels and other lodging places * 6,767 * 8,206
Personal services * 22 * 12,702
Business services 579,010 2,334,597
Auto repair;
miscellaneous repair services * 468 * 3,440
Amusement and recreation services 2,047,944 * 235,307
All other services 91,064 1,145,009
Foreign income and
taxes reported on
Form 1118
Deductions
Deductions
not
allocable
to
specific
types of
income
Other
deductions
Major and selected minor allocable
industrial group to specific Total
types of
income
(31) (32)
All industries 87,584,590 94,247,133
Agriculture, forestry, and fishing * 70,678 * 44,579
Mining 1,817,274 842,502
Metal mining * 673,614 * 183,663
Coal mining * 244,603 * 40,326
Oil and gas extraction 892,302 608,424
Nonmetallic minerals, except
fuels * 6,755 * 10,089
Construction 107,131 74,348
General building contractors * 51,837 * 30,839
Heavy construction contractors * 15,855 * 37,715
Special trade contractors * 39,438 * 5,794
Manufacturing 41,589,912 35,859,322
Food and kindred products 1,688,851 1,847,883
Tobacco manufactures * 1,613,599 * 740,500
Textile mill products * 6,480 25,336
Apparel and other textile
products * 132,352 145,388
Lumber and wood products * 14,522 * 41,878
Furniture and fixtures * 27,773 * 38,490
Paper and allied products 238,920 526,084
Printing and publishing 1,950,897 1,617,438
Industrial plastics and
synthetic material 2,421,822 2,532,967
Drugs 2,547,908 2,761,430
Other chemicals 1,668,584 1,612,734
Petroleum (including integrated)
and coal products 12,597,004 2,071,236
Rubber and miscellaneous
plastics products 398,884 273,549
Leather and leather products * 12,703 * 43,273
Stone, clay, and glass products 129,830 235,040
Primary metal industries 621,970 484,094
Fabricated metal products 597,421 626,640
Office, computing, and
accounting equipment 1,867,944 4,721,791
Other machinery, except
electrical 1,937,703 2,280,642
Electrical and electronic
equipment 6,473,075 6,331,846
Motor vehicles and equipment 1,052,121 2,587,016
Transportation equipment, except
motor vehicles 1,381,403 510,880
Instruments and related products 1,906,737 3,413,877
Miscellaneous manufacturing and
manufacturing not allocable 300,634 353,172
Transportation and public utilities 6,619,959 1,630,573
Transportation 2,280,633 238,578
Water transportation * 1,913 * 23,716
All other transportation 2,278,720 214,863
Communication 3,721,261 564,773
Electric, gas, and sanitary
services 618,065 823,058
Wholesale and retail trade 2,483,660 1,729,505
Wholesale trade 1,118,426 1,162,780
Groceries and related products * 11,157 * 5,212
Machinery, equipment, and
supplies * 59,264 * 72,705
Miscellaneous wholesale trade 1,048,005 1,084,864
Drugs, chemicals, and allied
products * 26,915 315,680
Petroleum and petroleum
products * 125,866 * 102,195
Other miscellaneous wholesale
trade 894,280 659,598
Retail trade 1,365,234 566,724
Building materials, garden
supplies, and mobile home
dealers — * 3,909
General merchandise stores * 244,557 * 103,593
Food stores * 894 * 793
Automotive dealers and service
station * 1,521 —
Apparel and accessory stores * 106,658 53,484
Furniture and home furnishing
stores * 3,557 * 6,068
Eating and drinking places * 875,924 * 351,151
All other retail stores * 132,123 47,725
Finance, insurance, and real estate 29,522,361 47,853,448
Banking 13,999,534 29,663,308
Credit agencies other than banks 7,502,741 4,773,433
Security, commodity brokers, and
services 1,049,453 6,667,112
Insurance 6,644,935 6,561,288
Insurance agents, brokers, and
service * 55,179 * 32,475
Real estate 19,040 12,482
Holding and other investment
companies, except bank holding
companies 248,267 142,823
Services 5,373,145 6,211,911
Hotels and other lodging places * 376,963 * 92,953
Personal services * 4,282 * 9,373
Business services 4,424,255 5,359,005
Auto repair;
miscellaneous repair services * 9,338 * 8,726
Amusement and recreation services * 326,889 493,072
All other services 227,203 246,337
Foreign income and
taxes reported on
Form 1118
Deductions
Deductions not allocable
to specific types of
income
Research
Major and selected minor and Interest
industrial group development
(33) (34)
All industries 9,876,318 49,478,293
Agriculture, forestry, and fishing * 24,454 * 10,035
Mining * 52,884 304,042
Metal mining — * 94,285
Coal mining — * 37,862
Oil and gas extraction * 51,360 164,792
Nonmetallic minerals, except
fuels * 1,524 * 7,102
Construction * 415 10,803
General building contractors — * 3,812
Heavy construction contractors * 144 * 3,348
Special trade contractors * 271 * 3,644
Manufacturing 7,256,462 13,046,001
Food and kindred products 55,026 753,973
Tobacco manufactures * 53,142 * 2,74837
Textile mill products * 1,469 * 17,822
Apparel and other textile
products * 2,696 * 119,580
Lumber and wood products * 180 * 26,768
Furniture and fixtures * 938 * 29,466
Paper and allied products * 107,444 118,502
Printing and publishing * 6,081 178,922
Industrial plastics and
synthetic material 513,615 1,436,180
Drugs 632,284 651,349
Other chemicals 424,770 511,194
Petroleum (including integrated)
and coal products * 128,195 1,486,882
Rubber and miscellaneous
plastics products 85,528 97,672
Leather and leather products — * 5,273
Stone, clay, and glass products * 46,995 94,829
Primary metal industries 24,051 256,142
Fabricated metal products 84,078 268,742
Office, computing, and
accounting equipment 1,442,827 733,924
Other machinery, except
electrical 325,597 638,178
Electrical and electronic
equipment 1,419,483 2,645,023
Motor vehicles and equipment 538,778 1,848,172
Transportation equipment, except
motor vehicles 153,226 217,719
Instruments and related products 1,100,378 536,149
Miscellaneous manufacturing and
manufacturing not allocable 102,447 90,557
Transportation and public utilities 79,669 1,288,718
Transportation * 17,961 88,628
Water transportation — * 15,540
All other transportation * 17,961 73,088
Communication * 61,310 * 435,009
Electric, gas, and sanitary
services * 398 765,080
Wholesale and retail trade 23,956 784,762
Wholesale trade 23,248 457,756
Groceries and related products — * 224
Machinery, equipment, and
supplies * 282 * 17,414
Miscellaneous wholesale trade 22,967 440,118
Drugs, chemicals, and allied
products * 5,563 * 81,953
Petroleum and petroleum
products — * 2,140
Other miscellaneous wholesale
trade 17,367 348,671
Retail trade * 707 327,006
Building materials, garden
supplies, and mobile home
dealers — —
General merchandise stores * 10 * 53,386
Food stores — * 572
Automotive dealers and service
station — —
Apparel and accessory stores * 416 * 45,118
Furniture and home furnishing
stores — * 768
Eating and drinking places — * 196,718
All other retail stores * 281 * 30,445
Finance, insurance, and real estate 194,212 33,466,865
Banking * 184,617 21,833,466
Credit agencies other than banks — * 4,080,349
Security, commodity brokers, and
services * 4,819 6,197,948
Insurance * 897 1,290,971
Insurance agents, brokers, and
service * 3,399 * 26,487
Real estate — * 8,950
Holding and other investment
companies, except bank holding
companies * 480 28,182
Services 2,244,225 566,944
Hotels and other lodging places — * 57,278
Personal services * 269 * 4,499
Business services 2,154,394 180,519
Auto repair;
miscellaneous repair services * (2) * 3,093
Amusement and recreation services * 17,947 * 273,839
All other services * 70,888 47,691
Foreign income and
taxes reported on
Form 1118
Deductions
Deductions
not
allocable
to
specific
types of
income
Deductions
from oil
Major and selected minor Other and gas
industrial group extraction
income (5)
(35) (36)
All industries 32,808,117 9,369,404
Agriculture, forestry, and fishing * 10,090 —
Mining 453,900 * 260,679
Metal mining * 89,378 —
Coal mining — —
Oil and gas extraction 363,205 * 260,679
Nonmetallic minerals, except
fuels * 1,316 —
Construction 49,421 —
General building contractors * 27,003 —
Heavy construction contractors * 21,304 —
Special trade contractors * 1,113 —
Manufacturing 15,171,429 8,987,198
Food and kindred products 964,300 —
Tobacco manufactures * 412,521 —
Textile mill products * 4,702 —
Apparel and other textile
products * 17,779 —
Lumber and wood products * 14,931 —
Furniture and fixtures * 8,086 —
Paper and allied products 291,249 —
Printing and publishing 1,414,574 —
Industrial plastics and
synthetic material 577,425 * 414,343
Drugs 1,428,501 —
Other chemicals 663,512 —
Petroleum (including integrated)
and coal products * 452,595 8,572,855
Rubber and miscellaneous
plastics products 78,359 —
Leather and leather products * 37,080 —
Stone, clay, and glass products * 83,794 —
Primary metal industries 200,413 —
Fabricated metal products 269,977 —
Office, computing, and
accounting equipment 2,543,691 —
Other machinery, except
electrical 1,247,297 —
Electrical and electronic
equipment 2,229,490 —
Motor vehicles and equipment 178,756 —
Transportation equipment, except
motor vehicles * 138,302 —
Instruments and related products 1,761,443 —
Miscellaneous manufacturing and
manufacturing not allocable 144,920 —
Transportation and public utilities 253,533 * 10,551
Transportation 129,208 —
Water transportation * 6,749 —
All other transportation 122,459 —
Communication * 67,205 —
Electric, gas, and sanitary
services 57,120 * 10,551
Wholesale and retail trade 878,464 * 110,976
Wholesale trade 647,175 * 110,976
Groceries and related products — —
Machinery, equipment, and
supplies * 54,450 —
Miscellaneous wholesale trade 592,725 * 110,976
Drugs, chemicals, and allied
products * 216,719 —
Petroleum and petroleum
products * 100,055 * 110,976
Other miscellaneous wholesale
trade 275,951 —
Retail trade 231,289 —
Building materials, garden
supplies, and mobile home
dealers — —
General merchandise stores * 49,899 —
Food stores * 202 —
Automotive dealers and service
station — —
Apparel and accessory stores * 7,495 —
Furniture and home furnishing
stores * 3,556 —
Eating and drinking places * 153,136 —
All other retail stores * 16,999 —
Finance, insurance, and real estate 12,729,162 —
Banking 6,843,179 —
Credit agencies other than banks * 415,166 —
Security, commodity brokers, and
services 463,851 —
Insurance 4,962,359 —
Insurance agents, brokers, and
service * 2,586 —
Real estate * 3,154 —
Holding and other investment
companies, except bank holding
companies 38,851 —
Services 3,261,503 —
Hotels and other lodging places * 22,481 —
Personal services * 2,298 —
Business services 2,926,944 —
Auto repair;
miscellaneous repair services * 3,304 —
Amusement and recreation services * 184,357 —
All other services 120,615 —
Foreign income and
taxes reported on
Form 1118
Taxable
income Adjustments
Major and selected minor (less loss) to taxable
industrial group before income
adjustments
(37) (38)
All industries 147,116,869 10,480,879
Agriculture, forestry, and fishing 169,870 * 4,916
Mining 2,075,468 173,668
Metal mining 272,985 * 10,858
Coal mining * 204,027 * 1,575
Oil and gas extraction 1,546,490 161,234
Nonmetallic minerals, except
fuels 51,873 —
Construction 241,509 22,723
General building contractors 157,725 * 350
Heavy construction contractors 53,112 * 17,192
Special trade contractors 29,472 * 5,181
Manufacturing 94,845,732 5,245,162
Food and kindred products 6,753,152 577,935
Tobacco manufactures * 4,021,495 * 34,829
Textile mill products 44,194 * 709
Apparel and other textile
products 692,890 * 133,852
Lumber and wood products 86,565 * 7,604
Furniture and fixtures 177,128 * 3,355
Paper and allied products 1,613,384 * 5,123
Printing and publishing 1,448,389 792,238
Industrial plastics and
synthetic material 4,954,051 212,169
Drugs 9,002,962 * 4,078
Other chemicals 4,380,227 272,378
Petroleum (including integrated)
and coal products 12,846,267 77,748
Rubber and miscellaneous
plastics products 1,010,039 26,352
Leather and leather products * 75,027 * 6,490
Stone, clay, and glass products 524,829 * 2,062
Primary metal industries 1,213,644 22,216
Fabricated metal products 1,872,632 53,416
Office, computing, and
accounting equipment 9,840,157 * 734,883
Other machinery, except
electrical 5,937,808 101,644
Electrical and electronic
equipment 11,860,067 1,454,220
Motor vehicles and equipment 7,610,405 5,476
Transportation equipment, except
motor vehicles 1,766,762 * 161,513
Instruments and related products 6,330,173 467,982
Miscellaneous manufacturing and
manufacturing not allocable 674,293 76,679
Transportation and public utilities 6,845,423 198,704
Transportation 1,045,371 14,909
Water transportation 197,978 * 13,293
All other transportation 842,846 * 1,616
Communication 3,368,927 * 845
Electric, gas, and sanitary
services 2,427,068 182,950
Wholesale and retail trade 5,263,013 407,703
Wholesale trade 2,544,817 164,119
Groceries and related products 12,343 —
Machinery, equipment, and
supplies 95,442 * 28,028
Miscellaneous wholesale trade 2,437,033 136,091
Drugs, chemicals, and allied
products 331,272 * 50,187
Petroleum and petroleum
products * 110,780 * 616
Other miscellaneous wholesale
trade 1,965,066 85,288
Retail trade 2,718,196 243,584
Building materials, garden
supplies, and mobile home
dealers * 85,509 —
General merchandise stores * 277,730 * 25,047
Food stores 80,521 * 34,959
Automotive dealers and service
station * 6,093 * 2,092
Apparel and accessory stores 939,205 * 146,159
Furniture and home furnishing
stores 22,031 —
Eating and drinking places 1,071,412 * 1,208
All other retail stores 235,678 * 34,118
Finance, insurance, and real estate 29,148,336 1,766,094
Banking 9,164,547 5,166
Credit agencies other than banks 3,993,490 * 775,978
Security, commodity brokers, and
services 4,063,512 * 287,786
Insurance 9,619,180 656,505
Insurance agents, brokers, and
service 203,004 * 131
Real estate 537,858 38,698
Holding and other investment
companies, except bank holding
companies 1,560,114 1,832
Services 8,481,295 2,650,258
Hotels and other lodging places 165,674 * 15,317
Personal services 73,504 * 3,456
Business services 6,888,836 2,403,392
Auto repair;
miscellaneous repair services 28,306 * 9,738
Amusement and recreation services 616,888 * 22,640
All other services 701,616 195,715
Foreign income and
taxes reported on
Form 1118
Foreign
taxes
available
for credit
Taxable
income
Major and selected minor (less loss) Total
industrial group after
adjustments
(39) (40)
All industries 136,635,990 47,575,987
Agriculture, forestry, and fishing 164,954 60,983
Mining 1,901,801 1,015,562
Metal mining 262,127 365,335
Coal mining * 202,452 * 124,047
Oil and gas extraction 1,385,255 507,024
Nonmetallic minerals, except
fuels 51,873 19,141
Construction 218,785 94,874
General building contractors 157,375 68,319
Heavy construction contractors 35,920 13,997
Special trade contractors 24,291 12,196
Manufacturing 89,600,571 34,120,725
Food and kindred products 6,175,217 2,239,102
Tobacco manufactures * 3,986,666 * 1,257,071
Textile mill products 43,485 11,149
Apparel and other textile
products 559,038 203,074
Lumber and wood products 78,961 14,122
Furniture and fixtures 173,772 73,690
Paper and allied products 1,608,262 600,713
Printing and publishing 656,151 307,869
Industrial plastics and
synthetic material 4,741,882 1,861,076
Drugs 8,998,884 3,157,143
Other chemicals 4,107,850 1,806,913
Petroleum (including integrated)
and coal products 12,768,519 6,777,573
Rubber and miscellaneous
plastics products 983,688 407,286
Leather and leather products * 68,537 * 12,411
Stone, clay, and glass products 522,767 216,266
Primary metal industries 1,191,427 607,420
Fabricated metal products 1,819,217 715,263
Office, computing, and
accounting equipment 9,105,274 3,623,014
Other machinery, except
electrical 5,836,164 2,009,071
Electrical and electronic
equipment 10,405,847 3,648,553
Motor vehicles and equipment 7,604,929 2,844,479
Transportation equipment, except
motor vehicles 1,605,249 349,964
Instruments and related products 5,862,191 1,140,482
Miscellaneous manufacturing and
manufacturing not allocable 597,614 219,221
Transportation and public utilities 6,646,719 1,700,827
Transportation 1,030,462 186,734
Water transportation 184,685 83,333
All other transportation 841,229 99,948
Communication 3,368,082 552,280
Electric, gas, and sanitary
services 2,244,118 960,397
Wholesale and retail trade 4,855,311 1,793,928
Wholesale trade 2,380,698 848,969
Groceries and related products 12,343 4,529
Machinery, equipment, and
supplies 67,414 16,088
Miscellaneous wholesale trade 2,300,942 828,351
Drugs, chemicals, and allied
products 281,085 223,211
Petroleum and petroleum
products * 110,163 * 108,589
Other miscellaneous wholesale
trade 1,879,778 482,491
Retail trade 2,474,612 944,959
Building materials, garden
supplies, and mobile home
dealers * 85,509 * 34,638
General merchandise stores * 252,682 * 99,134
Food stores 45,562 11,190
Automotive dealers and service
station * 4,001 * 557
Apparel and accessory stores 793,046 298,756
Furniture and home furnishing
stores 22,031 2,751
Eating and drinking places 1,070,204 460,677
All other retail stores 201,559 37,256
Finance, insurance, and real estate 27,382,242 6,390,808
Banking 9,159,381 2,462,854
Credit agencies other than banks 3,217,512 602,877
Security, commodity brokers, and
services 3,775,726 1,122,624
Insurance 8,962,675 1,435,898
Insurance agents, brokers, and
service 202,873 78,283
Real estate 499,160 21,259
Holding and other investment
companies, except bank holding
companies 1,558,282 665,005
Services 5,831,037 2,386,891
Hotels and other lodging places 150,357 76,339
Personal services 70,048 37,173
Business services 4,485,444 1,799,417
Auto repair;
miscellaneous repair services 18,568 7,499
Amusement and recreation services 594,248 264,491
All other services 505,901 199,589
Foreign income and
taxes reported on
Form 1118
Foreign taxes available
for credit
Reduction
Major and selected minor for certain
industrial group foreign Carryover
taxes
(41) (42)
All industries 2,476,970 9,368,659
Agriculture, forestry, and fishing — * 1,676
Mining * 320,756 573,326
Metal mining — * 139,153
Coal mining * 12,254 * 40,994
Oil and gas extraction * 301,304 389,221
Nonmetallic minerals, except
fuels * 7,199 * 3,958
Construction — 15,488
General building contractors — * 11,793
Heavy construction contractors — * 1,579
Special trade contractors — * 2,116
Manufacturing 2,151,006 7,490,718
Food and kindred products — 137,919
Tobacco manufactures — * 11,306
Textile mill products — * 1,945
Apparel and other textile
products — * 2,755
Lumber and wood products — * 4,524
Furniture and fixtures — * 12,406
Paper and allied products — * 30,407
Printing and publishing — 26,475
Industrial plastics and
synthetic material * 10,967 199,176
Drugs * 17 275,478
Other chemicals — 165,115
Petroleum (including integrated)
and coal products 2,136,259 3,987,506
Rubber and miscellaneous
plastics products — 23,052
Leather and leather products — * 4
Stone, clay, and glass products — 37,735
Primary metal industries * 2,608 209,334
Fabricated metal products — 121,574
Office, computing, and
accounting equipment — * 1,630,286
Other machinery, except
electrical * 1,155 68,902
Electrical and electronic
equipment — 348,113
Motor vehicles and equipment — 128,785
Transportation equipment, except
motor vehicles — 12,751
Instruments and related products — 25,723
Miscellaneous manufacturing and
manufacturing not allocable — 24,010
Transportation and public utilities * 2,214 156,649
Transportation — 13,150
Water transportation — * 521
All other transportation — 11,253
Communication — * 81,429
Electric, gas, and sanitary
services * 2,214 61,946
Wholesale and retail trade * 137 444,425
Wholesale trade * 137 177,248
Groceries and related products — * 1,468
Machinery, equipment, and
supplies — * 1,320
Miscellaneous wholesale trade * 137 174,461
Drugs, chemicals, and allied
products — * 70,857
Petroleum and petroleum
products * 137 * 46,380
Other miscellaneous wholesale
trade — 57,183
Retail trade — 267,176
Building materials, garden
supplies, and mobile home
dealers — —
General merchandise stores — * 56,079
Food stores — * 2,758
Automotive dealers and service
station — * 60
Apparel and accessory stores — * 80,511
Furniture and home furnishing
stores — * 21
Eating and drinking places — * 122,907
All other retail stores — * 4,841
Finance, insurance, and real estate * 2,326 477,240
Banking — 124,364
Credit agencies other than banks — * 61,464
Security, commodity brokers, and
services — 9,756
Insurance — 142,235
Insurance agents, brokers, and
service — * 633
Real estate — 3,126
Holding and other investment
companies, except bank holding
companies * 2,326 135,648
Services * 530 207,871
Hotels and other lodging places — * 22,398
Personal services — * 11,789
Business services * 508 84,956
Auto repair;
miscellaneous repair services — * 8
Amusement and recreation services — * 12,227
All other services — 75,633
Foreign income and
taxes reported on
Form 1118
Foreign taxes available
for credit
Paid or
accrued
Total paid,
Major and selected minor accrued,
industrial group and deemed Total
paid
(43) (44)
All industries 40,684,298 13,608,822
Agriculture, forestry, and fishing 59,306 16,525
Mining 762,992 650,658
Metal mining 226,182 * 223,085
Coal mining * 95,307 * 94,310
Oil and gas extraction 419,107 327,868
Nonmetallic minerals, except
fuels 22,382 5,380
Construction 79,387 46,759
General building contractors 56,526 30,566
Heavy construction contractors 12,418 10,297
Special trade contractors 10,080 5,534
Manufacturing 28,781,013 7,291,579
Food and kindred products 2,101,183 451,356
Tobacco manufactures * 1,245,765 * 141,856
Textile mill products 9,204 1,415
Apparel and other textile
products 200,319 36,005
Lumber and wood products 9,599 6,973
Furniture and fixtures 61,283 4,889
Paper and allied products 570,306 89,033
Printing and publishing 281,394 170,934
Industrial plastics and
synthetic material 1,672,867 349,774
Drugs 2,881,682 379,255
Other chemicals 1,641,798 426,191
Petroleum (including integrated)
and coal products 4,926,325 2,006,042
Rubber and miscellaneous
plastics products 384,234 56,374
Leather and leather products * 12,406 * 8,693
Stone, clay, and glass products 178,531 27,605
Primary metal industries 400,694 81,832
Fabricated metal products 593,688 94,686
Office, computing, and
accounting equipment 1,992,728 623,555
Other machinery, except
electrical 1,941,324 474,956
Electrical and electronic
equipment 3,300,440 944,423
Motor vehicles and equipment 2,715,695 410,147
Transportation equipment, except
motor vehicles 337,213 100,027
Instruments and related products 1,114,759 347,459
Miscellaneous manufacturing and
manufacturing not allocable 195,211 49,338
Transportation and public utilities 1,546,392 400,964
Transportation 173,584 110,068
Water transportation 82,812 65,833
All other transportation 88,695 42,574
Communication 470,851 113,558
Electric, gas, and sanitary
services 900,665 176,045
Wholesale and retail trade 1,349,641 517,498
Wholesale trade 671,858 266,712
Groceries and related products 3,061 * 1,760
Machinery, equipment, and
supplies 14,769 6,990
Miscellaneous wholesale trade 654,028 257,962
Drugs, chemicals, and allied
products 152,354 82,824
Petroleum and petroleum
products * 62,346 * 6,369
Other miscellaneous wholesale
trade 425,308 168,280
Retail trade 677,783 250,786
Building materials, garden
supplies, and mobile home
dealers * 34,638 * 2,732
General merchandise stores * 43,055 * 32,096
Food stores * 8,432 * 8,432
Automotive dealers and service
station * 497 * 497
Apparel and accessory stores 218,245 26,382
Furniture and home furnishing
stores 2,731 * 1,094
Eating and drinking places 337,770 151,461
All other retail stores 32,415 28,093
Finance, insurance, and real estate 5,915,894 3,476,843
Banking 2,338,489 1,732,424
Credit agencies other than banks 541,413 402,985
Security, commodity brokers, and
services 1,112,868 420,814
Insurance 1,293,663 840,208
Insurance agents, brokers, and
service 77,650 6,216
Real estate 18,132 15,412
Holding and other investment
companies, except bank holding
companies 531,683 57,503
Services 2,179,550 1,207,074
Hotels and other lodging places 53,941 33,474
Personal services 25,384 5,181
Business services 1,714,969 947,599
Auto repair;
miscellaneous repair services 7,491 3,495
Amusement and recreation services 252,264 155,654
All other services 123,956 60,782
Foreign income and
taxes reported on
Form 1118
Foreign taxes available
for credit
Paid or accrued
Taxes
withheld
at
source
on–
Taxes
Major and selected minor withheld at
industrial group source on Interest
dividends
(45) (46)
All industries 2,193,964 784,126
Agriculture, forestry, and fishing 1,539 * 1,052
Mining 10,812 10,615
Metal mining * 4,892 * 2,525
Coal mining * (2) * 4,138
Oil and gas extraction 4,868 3,720
Nonmetallic minerals, except
fuels * 1,038 * 233
Construction 630 * 471
General building contractors 452 * 99
Heavy construction contractors * 49 * 114
Special trade contractors * 128 * 258
Manufacturing 1,675,680 156,889
Food and kindred products 130,478 11,671
Tobacco manufactures * 62,661 * 84
Textile mill products * 107 * 412
Apparel and other textile
products * 11,995 * 108
Lumber and wood products * 2,143 * 742
Furniture and fixtures * 3,593 * 525
Paper and allied products 33,542 2,567
Printing and publishing 10,535 675
Industrial plastics and
synthetic material 115,804 8,053
Drugs 169,925 9,737
Other chemicals 43,371 8,292
Petroleum (including integrated)
and coal products 220,158 34,773
Rubber and miscellaneous
plastics products 21,950 1,829
Leather and leather products * 429 * 68
Stone, clay, and glass products * 9,933 722
Primary metal industries 21,592 3,944
Fabricated metal products 46,138 3,570
Office, computing, and
accounting equipment 139,165 * 1,389
Other machinery, except
electrical 210,857 12,069
Electrical and electronic
equipment 114,925 34,912
Motor vehicles and equipment 232,471 10,647
Transportation equipment, except
motor vehicles 19,448 2,064
Instruments and related products 36,106 6,446
Miscellaneous manufacturing and
manufacturing not allocable 18,124 790
Transportation and public utilities 92,338 23,216
Transportation 3,790 3,694
Water transportation * 975 * 102
All other transportation 2,726 3,592
Communication 29,159 * 5,256
Electric, gas, and sanitary
services 59,389 14,266
Wholesale and retail trade 103,021 17,767
Wholesale trade 83,597 10,920
Groceries and related products * 457 * 134
Machinery, equipment, and
supplies * 506 * 1,271
Miscellaneous wholesale trade 82,634 9,516
Drugs, chemicals, and allied
products * 4,747 * 120
Petroleum and petroleum
products * 4,219 * 235
Other miscellaneous wholesale
trade 73,640 9,114
Retail trade 19,424 6,847
Building materials, garden
supplies, and mobile home
dealers * -58 * 1
General merchandise stores * 6,686 * 163
Food stores * 2 * 1,150
Automotive dealers and service
station * 26 * 26
Apparel and accessory stores * 2,188 * 113
Furniture and home furnishing
stores * 106 * 18
Eating and drinking places * 10,146 * 5,108
All other retail stores * 328 * 268
Finance, insurance, and real estate 225,074 569,415
Banking 71,717 213,055
Credit agencies other than banks * 29,159 * 28,203
Security, commodity brokers, and
services 17,100 126,629
Insurance 70,579 194,743
Insurance agents, brokers, and
service 3,274 * 147
Real estate 9,780 2,163
Holding and other investment
companies, except bank holding
companies 23,355 4,472
Services 84,855 4,701
Hotels and other lodging places * 1,791 * 378
Personal services * 1,844 * 229
Business services 64,651 3,085
Auto repair;
miscellaneous repair services * 1,085 * 112
Amusement and recreation services * 11,139 * 779
All other services 4,050 * 97
Foreign income and
taxes reported on
Form 1118
Foreign taxes available
for credit
Paid or accrued
Other
Taxes taxes
withheld paid or
at source accrued
on– on–
Rents,
royalties, Branch
Major and selected minor and license income
industrial group fees
(47) (48)
All industries 2,213,430 4,861,563
Agriculture, forestry, and fishing * 3,209 * 8,276
Mining 13,048 260,017
Metal mining * (2) * 108,420
Coal mining — * 11,224
Oil and gas extraction 12,887 140,374
Nonmetallic minerals, except
fuels * 161 —
Construction 11,595 * 3,023
General building contractors * 10,455 * 2,316
Heavy construction contractors * 595 * 38
Special trade contractors * 183 * 668
Manufacturing 1,553,770 1,954,303
Food and kindred products 91,974 172,035
Tobacco manufactures * 63,488 * 11,460
Textile mill products * 334 * 306
Apparel and other textile
products 18,876 * 4,599
Lumber and wood products * 382 * 3,096
Furniture and fixtures 455 * 169
Paper and allied products 27,085 25,313
Printing and publishing 126,325 * 12,501
Industrial plastics and
synthetic material 94,360 97,841
Drugs 74,776 88,591
Other chemicals 67,929 111,138
Petroleum (including integrated)
and coal products * 8,138 * 932,296
Rubber and miscellaneous
plastics products 20,520 11,074
Leather and leather products * 7,834 * 339
Stone, clay, and glass products 5,519 * 805
Primary metal industries 6,688 * 20,740
Fabricated metal products 10,246 8,816
Office, computing, and
accounting equipment 408,526 50,853
Other machinery, except
electrical 28,932 184,799
Electrical and electronic
equipment 151,824 98,417
Motor vehicles and equipment 77,446 * 45,816
Transportation equipment, except
motor vehicles 25,308 33,551
Instruments and related products 218,655 24,353
Miscellaneous manufacturing and
manufacturing not allocable 11,082 15,143
Transportation and public utilities 13,248 66,149
Transportation * 3,168 27,677
Water transportation — * 44
All other transportation * 3,168 * 27,633
Communication 8,978 * 35,505
Electric, gas, and sanitary
services * 1,102 * 2,967
Wholesale and retail trade 121,790 231,685
Wholesale trade 35,390 116,660
Groceries and related products * 584 * 506
Machinery, equipment, and
supplies * 658 * 3,555
Miscellaneous wholesale trade 34,149 112,600
Drugs, chemicals, and allied
products * 520 * 76,027
Petroleum and petroleum
products * 229 * 993
Other miscellaneous wholesale
trade 33,392 35,531
Retail trade 86,400 115,025
Building materials, garden
supplies, and mobile home
dealers * 2,699 —
General merchandise stores * 7,873 * 15,103
Food stores * 7,280 —
Automotive dealers and service
station * 15 —
Apparel and accessory stores * 3,414 * 2,319
Furniture and home furnishing
stores * 709 —
Eating and drinking places 51,838 * 82,737
All other retail stores 12,572 * 14,866
Finance, insurance, and real estate 23,626 1,914,397
Banking 3,822 1,265,892
Credit agencies other than banks * 12,654 * 285,335
Security, commodity brokers, and
services * 419 * 37,624
Insurance 2,562 319,879
Insurance agents, brokers, and
service * 3 * 1,987
Real estate * 380 * 78
Holding and other investment
companies, except bank holding
companies * 3,784 * 3,603
Services 473,131 422,818
Hotels and other lodging places * 7,834 * 13,706
Personal services * 1,736 * 905
Business services 332,307 403,684
Auto repair;
miscellaneous repair services * 1,984 * 35
Amusement and recreation services 116,664 * 543
All other services 12,411 3,564
Foreign income and
taxes reported on
Form 1118
Foreign taxes available
for credit
Paid or accrued
Other taxes paid or
accrued on–
Specifically
allocable
Major and selected minor income Service
industrial group [section income
863(b)]
(49) (50)
All industries 8,524 387,240
Agriculture, forestry, and fishing — * 142
Mining — 30,009
Metal mining — * 15,902
Coal mining — —
Oil and gas extraction — 14,106
Nonmetallic minerals, except
fuels — —
Construction — 18,142
General building contractors — * 14,808
Heavy construction contractors — * 2,025
Special trade contractors — * 1,309
Manufacturing 3,851 126,598
Food and kindred products * 48 * 6,498
Tobacco manufactures — —
Textile mill products * 74 * 64
Apparel and other textile
products — * 132
Lumber and wood products — * 11
Furniture and fixtures — * 146
Paper and allied products — * 222
Printing and publishing — * 5,979
Industrial plastics and
synthetic material * 41 7,898
Drugs * 558 * 4,566
Other chemicals * 422 * 3,966
Petroleum (including integrated)
and coal products — * 481
Rubber and miscellaneous
plastics products — * 708
Leather and leather products — * 23
Stone, clay, and glass products * 10 * 5,541
Primary metal industries — * 548
Fabricated metal products — * 1,060
Office, computing, and
accounting equipment — * 2,521
Other machinery, except
electrical * 44 24,764
Electrical and electronic
equipment * 1,567 12,514
Motor vehicles and equipment * 883 * 29,738
Transportation equipment, except
motor vehicles * 13 * 16,681
Instruments and related products * 191 * 2,064
Miscellaneous manufacturing and
manufacturing not allocable — * 81
Transportation and public utilities * 590 76,390
Transportation * 590 69,830
Water transportation — * 64,555
All other transportation * 590 * 3,704
Communication — * 2,619
Electric, gas, and sanitary
services — * 2,650
Wholesale and retail trade * 594 7,024
Wholesale trade * 594 6,763
Groceries and related products — * 79
Machinery, equipment, and
supplies — * 30
Miscellaneous wholesale trade * 594 6,654
Drugs, chemicals, and allied
products — * 1,152
Petroleum and petroleum
products — * 315
Other miscellaneous wholesale
trade * 594 5,187
Retail trade — * 261
Building materials, garden
supplies, and mobile home
dealers — —
General merchandise stores — * 59
Food stores —
Automotive dealers and service
station — —
Apparel and accessory stores — —
Furniture and home furnishing
stores — —
Eating and drinking places — * 143
All other retail stores — * 59
Finance, insurance, and real estate * 64 51,246
Banking — 7,445
Credit agencies other than banks — * 4,502
Security, commodity brokers, and
services — * 6,730
Insurance * 64 29,775
Insurance agents, brokers, and
service — * 529
Real estate — * 1,440
Holding and other investment
companies, except bank holding
companies — * 825
Services * 3,424 77,689
Hotels and other lodging places — * 7,420
Personal services — * 424
Business services * 3,424 29,997
Auto repair;
miscellaneous repair services — * 37
Amusement and recreation services — * 11,659
All other services — 28,152
Foreign income and
taxes reported on
Form 1118
Foreign taxes available
for credit
Paid or
accrued
Other
taxes
paid or
accrued
on–
Taxes
Major and selected minor Other deemed
industrial group income paid
(51) (52)
All industries 3,159,976 27,075,476
Agriculture, forestry, and fishing 2,307 * 42,782
Mining 326,157 112,335
Metal mining * 91,346 * 35,490
Coal mining * 78,949 * 997
Oil and gas extraction 151,914 91,239
Nonmetallic minerals, except
fuels * 3,948 * 17,001
Construction 12,899 32,627
General building contractors * 2,436 * 25,960
Heavy construction contractors * 7,476 * 2,121
Special trade contractors * 2,987 * 4,546
Manufacturing 1,820,487 21,489,435
Food and kindred products 38,654 1,649,827
Tobacco manufactures * 4,163 * 1,103,909
Textile mill products * 118 7,789
Apparel and other textile
products * 296 164,315
Lumber and wood products * 598 * 2,626
Furniture and fixtures — * 56,395
Paper and allied products 303 481,273
Printing and publishing 14,918 110,460
Industrial plastics and
synthetic material 25,775 1,323,094
Drugs 31,103 2,502,427
Other chemicals 191,074 1,215,606
Petroleum (including integrated)
and coal products 810,196 2,920,283
Rubber and miscellaneous
plastics products * 293 327,859
Leather and leather products — * 3,713
Stone, clay, and glass products * 27,515 150,926
Primary metal industries 28,320 318,862
Fabricated metal products 24,856 499,003
Office, computing, and
accounting equipment 21,100 1,369,173
Other machinery, except
electrical 13,491 1,466,367
Electrical and electronic
equipment 530,264 2,356,017
Motor vehicles and equipment * 13,145 2,305,548
Transportation equipment, except
motor vehicles * 2,962 237,186
Instruments and related products 59,645 767,300
Miscellaneous manufacturing and
manufacturing not allocable 4,117 145,874
Transportation and public utilities 129,031 1,145,429
Transportation * 1,319 63,516
Water transportation * 157 * 16,979
All other transportation * 1,162 46,121
Communication 32,041 * 357,293
Electric, gas, and sanitary
services 95,671 724,620
Wholesale and retail trade 35,617 832,143
Wholesale trade 12,787 1,185,669
Groceries and related products — * 1,301
Machinery, equipment, and
supplies * 972 * 7,778
Miscellaneous wholesale trade 11,815 396,067
Drugs, chemicals, and allied
products * 257 * 69,530
Petroleum and petroleum
products * 378 * 55,978
Other miscellaneous wholesale
trade 10,821 257,028
Retail trade 22,830 426,997
Building materials, garden
supplies, and mobile home
dealers 90 * 31,906
General merchandise stores * 2,212 * 10,960
Food stores — —
Automotive dealers and service
station 430 —
Apparel and accessory stores * 18,348 * 191,863
Furniture and home furnishing
stores * 261 * 1,637
Eating and drinking places * 1,489 * 186,309
All other retail stores — * 4,322
Finance, insurance, and real estate 693,022 2,439,051
Banking 170,492 24,264
Credit agencies other than banks * 43,133 * 138,427
Security, commodity brokers, and
services 232,313 692,054
Insurance 222,605 453,456
Insurance agents, brokers, and
service * 276 * 71,434
Real estate 1,571 * 2,720
Holding and other investment
companies, except bank holding
companies 21,464 474,180
Services 140,456 972,476
Hotels and other lodging places * 2,344 * 20,467
Personal services * 44 * 38,019
Business services 110,450 767,370
Auto repair;
miscellaneous repair services * 241 * 3,996
Amusement and recreation services * 14,869 * 96,611
All other services 12,507 63,174
Footnotes and Notes to Table 1b:
* Data should be used with caution because of the small number of
returns on which they were based.
(1) Interest-Charge Domestic International Sales Corporation
(IC-DISC) and Domestic International Sales Corporation (DISC).
(2) Less than $500.
(3) In addition to the credits shown in columns 12-14, this is after
reduction by other credits, such as the jobs credit and the
investment credit, which are not shown separately in this table.
(4) Included in gross income (less loss), columns 16-22.
See notes below.
(5) Included in deductions, columns 26-35. See notes below.
NOTES: Detail may not add to totals because of rounding. Columns 2
through 15 present statistics on assets, receipts, income, and taxes
reported on Form 1120 (Corporation Income Tax Return) series for
corporations claiming a foreign tax credit. Columns 16 through 52
present statistics from Form 1118, Foreign Tax Credit–Corporations.
Schedule references indicate the schedule of Form 1118 from which the
data were obtained. Columns 16 through 36 present statistics on
foreign income (i.e., income from sources outside the United States)
and deductions reported primarily on Schedule A, Form 1118. Although
the amounts of oil and gas income and deductions (columns 23 and 36,
respectively) are contained in the summary columns (i.e., columns 16
through 22 and 26 through 35), these amounts are also reported
separately (on Schedule I) because oil and gas income is subject to
special rules under Internal Revenue Code section 907, which may
result in a reduction of foreign taxes available for credit. Code
section 863(b) income (income partly within and partly without the
United States) and foreign branch income are also included in the
summary amounts reported in columns 16 through 22 and are also
reported separately (on Schedule F) in columns 24 and 25. Total
deductions not allocable to specific types of income (column 32) are
equal to the sum of columns 33 through 35 (any differences are due
to taxpayer reporting practices). Total foreign-source gross income
(column 16) less total foreign deductions (column 26) is equal to
foreign-source taxable income before adjustments (column 37).
Adjustments to foreign-source taxable income (reported in column 38)
include allocations of current-year U.S.-source losses and recapture
of foreign losses, as well as other adjustments. These adjustments
(reported on Schedule J) affect the numerator of the limitation
fraction used to compute the foreign tax credit. The foreign-source
taxable income alter adjustments (the numerator of the limitation
fraction) is reported in column 39. The limitation fraction, which
represents the ratio of foreign-source taxable income after
adjustments to total (U.S. and foreign) taxable income after
adjustments, is applied to the total U.S. tax against which the
credit is allowed to determine any limitation on the foreign tax
credit.
Statistics on foreign taxes are reported in columns 40 through 52.
Data on foreign taxes paid, accrued, and deemed paid (through related
foreign corporations or their subsidiaries) from Schedule B, Form
1118, are reported in columns 43 through 52. Total foreign taxes paid
or accrued (column 44) are the sum of columns 45 through 51 (any
differences are due to taxpayer reporting practices). Total foreign
taxes paid, accrued, and deemed paid (column 43) are equal to the sum
of total taxes paid or accrued (column 44) and taxes deemed paid
(column 52). Total foreign taxes paid, accrued, and deemed paid are
then adjusted for certain items (e.g., reductions of foreign taxes
under Code section 907 related to oil and gas income), which are
reported in column 41, as well as carryovers of foreign taxes not
credited in prior years, which are reported in column 42. Thus, total
foreign taxes available for credit (column 40) are equal to total
foreign taxes paid, accrued, and deemed paid (column 43) less
certain foreign taxes (column 41), plus any carryover of prior-year
foreign taxes (column 42).
Table 2.–U.S. Corporation Returns with a Foreign Tax Credit:
Foreign Income and Tax Reported on Form 1118, by Industrial
Division (by NAICS Classification) and Income Type
[All figures are estimates based on samples–money amounts arein thousands of dollars]
Foreign
income and
taxes
reported on
Form 1118
Gross
income
(less loss)
Number
Industrial division and income type of Total
returns
(1) (2)
ALL INDUSTRIES
All income types 5,927 349,386,789
Passive income 2,289 7,444,176
High withholding tax interest 368 2,493,508
Financial services income 438 109,792,724
Shipping income 47 7,795,938
Dividends from noncontrolled section
902 corp 510 3,143,059
Dividends from an IC-DISC or former
DISC (1) 7 * 10,993
Miscellaneous separately calculated
limitation 9 * 38,907
Certain distributions from a FSC or
former FSC (2) 75 3,370,102
General limitation income 3,791 215,247,350
Section 901(j) income 6 * 783
Income re-sourced by treaty 7 * 49,249
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types 81 290,450
Passive income 76 11,938
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp 3 * 1,548
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** **
General limitation income 8 * 258,058
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 101 5,357,393
Passive income 25 68,539
High withholding tax interest 8 * 42,885
Financial services income — —
Shipping income ** **
Dividends from noncontrolled section
902 corp 6 * 54,095
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 92 5,192,220
Section 901(j) income ** **
Income re-sourced by treaty — —
UTILITIES
All income types 32 3,499,547
Passive income 22 433,740
High withholding tax interest 5 * 12,882
Financial services income 4 * 40,943
Shipping income ** **
Dividends from noncontrolled section
902 corp 8 * 115,130
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 24 2,885,573
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 221 558,544
Passive income 59 9,407
High withholding tax interest 4 * 1,654
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp 50 * 3,739
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 116 543,744
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 1,510 167,963,972
Passive income 562 5,211,826
High withholding tax interest 117 379,289
Financial services income 64 5,973,455
Shipping income 20 535,381
Dividends from noncontrolled section
902 corp 209 1,465,239
Dividends from an IC-DISC or former
DISC (1) 7 * 10,993
Miscellaneous separately calculated
limitation 8 * 9,674
Certain distributions from a FSC or
former FSC (2) 50 2,955,419
General limitation income 1,222 151,378,234
Section 901(j) income 5 * 397
Income re-sourced by treaty 6 * 44,064
WHOLESALE AND RETAIL TRADE
All income types 809 9,007,432
Passive income 395 319,232
High withholding tax interest 57 45,468
Financial services income 8 * 175,039
Shipping income ** **
Dividends from noncontrolled section
902 corp 55 35,530
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** **
General limitation income 413 8,415,709
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 87 9,086,753
Passive income 41 14,697
High withholding tax interest 10 17,729
Financial services income 5 * 23,437
Shipping income 13 6,925,381
Dividends from noncontrolled section
902 corp 7 * 9,484
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 45 2,096,025
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 161 31,202,763
Passive income 55 857,772
High withholding tax interest 6 * 8,057
Financial services income 4 * 19,713
Shipping income 4 * 207,137
Dividends from noncontrolled section
902 corp 14 571,603
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation ** **
Certain distributions from a FSC or
former FSC (2) 6 * 240,501
General limitation income 139 29,268,748
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 1,490 55,137,632
Passive income 498 183,344
High withholding tax interest 108 791,568
Financial services income 251 51,624,197
Shipping income ** **
Dividends from noncontrolled section
902 corp 49 199,275
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** **
General limitation income 726 2,295,092
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 1,435 67,282,303
Passive income 556 333,680
High withholding tax interest 53 1,193,976
Financial services income 102 51,935,940
Shipping income 3 * 92,403
Dividends from noncontrolled section
902 corp 108 687,415
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) 16 * 119,756
General limitation income 1,006 12,913,948
Section 901(j) income — —
Income re-sourced by treaty ** **
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Foreign
dividend
income
Industrial division and income type Dividends resulting from
foreign taxes
deemed paid
(gross-up)
(3) (4)
ALL INDUSTRIES
All income types 60,541,096 27,074,099
Passive income 3,301,216 420,416
High withholding tax interest 81,028 47,678
Financial services income 6,612,198 2,155,388
Shipping income 220,695 41,205
Dividends from noncontrolled section
902 corp 2,145,866 938,720
Dividends from an IC-DISC or former
DISC (1) * 10,993 —
Miscellaneous separately calculated
limitation * 4,806 * 1,121
Certain distributions from a FSC or
former FSC (2) 3,370,012 * 90
General limitation income 44,774,167 23,462,053
Section 901(j) income * 1,734 —
Income re-sourced by treaty * 18,383 * 7,426
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types 62,274 * 43,927
Passive income * 232 * 59
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 1,217 * 330
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** —
General limitation income * 41,919 * 43,538
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 363,579 * 117,974
Passive income 27,949 * 2,123
High withholding tax interest * 3,541 * 2,087
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 37,575 * 16,277
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 294,129 97,488
Section 901(j) income ** —
Income re-sourced by treaty — —
UTILITIES
All income types 1,496,487 636,148
Passive income 141,180 2,563
High withholding tax interest — —
Financial services income * 1,893 * 200
Shipping income — —
Dividends from noncontrolled section
902 corp * 66,071 * 19,957
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,287,344 613,429
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 47,556 * 31,498
Passive income 890 —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 2,694 * 883
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 43,971 * 30,615
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 44,303,840 21,134,234
Passive income 2,628,746 307,539
High withholding tax interest * 553 * 3,120
Financial services income 1,027,178 339,107
Shipping income 113,650 * 6,325
Dividends from noncontrolled section
902 corp 927,084 503,586
Dividends from an IC-DISC or former
DISC (1) * 10,993 —
Miscellaneous separately calculated
limitation * 4,806 * 1,121
Certain distributions from a FSC or
former FSC (2) 2,955,329 * 90
General limitation income 36,615,772 19,965,919
Section 901(j) income * 1,348 —
Income re-sourced by treaty * 18,383 * 7,426
WHOLESALE AND RETAIL TRADE
All income types 2,595,939 747,611
Passive income 124,668 10,966
High withholding tax interest * 1,156 * 3,443
Financial services income * 46,332 * 7,623
Shipping income ** **
Dividends from noncontrolled section
902 corp * 25,159 10,058
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** —
General limitation income 2,382,554 715,138
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 162,535 64,475
Passive income 10,539 * 688
High withholding tax interest — —
Financial services income * 10,197 —
Shipping income * 82,669 * 34,358
Dividends from noncontrolled section
902 corp * 7,842 * 1,642
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 51,288 27,786
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 3,115,765 1,274,993
Passive income 134,650 44,954
High withholding tax interest — —
Financial services income * 15 —
Shipping income * 3,357 —
Dividends from noncontrolled section
902 corp 449,411 122,003
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) * 240,501 —
General limitation income 2,287,831 1,108,036
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 4,464,750 1,370,649
Passive income 95,664 5,800
High withholding tax interest * 47,385 * 9,485
Financial services income 4,013,013 1,260,885
Shipping income ** **
Dividends from noncontrolled section
902 corp 145,734 51,534
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** —
General limitation income 122,584 42,925
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 3,928,370 1,652,590
Passive income 136,699 45,725
High withholding tax interest * 28,393 * 29,543
Financial services income 1,513,570 547,574
Shipping income * 99 * 117
Dividends from noncontrolled section
902 corp 483,080 212,450
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) * 119,756 —
General limitation income 1,646,774 817,181
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Rents,
royalties,
Industrial division and income type Interest and
license fees
(5) (6)
ALL INDUSTRIES
All income types 68,413,782 55,875,295
Passive income 2,238,285 357,158
High withholding tax interest 2,364,803 —
Financial services income 56,210,747 3,139,828
Shipping income 73,147 474,708
Dividends from noncontrolled section
902 corp 49,627 * 4,540
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 7,458,970 51,899,061
Section 901(j) income — —
Income re-sourced by treaty * 18,204 —
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 26,361 * 18,293
Passive income * 10,302 * 1,388
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 16,060 * 16,905
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 228,918 409,764
Passive income 35,912 * 10
High withholding tax interest * 37,257 —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 155,749 409,754
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types 567,383 * 40,447
Passive income 38,067 —
High withholding tax interest * 12,882 —
Financial services income * 169 * 33,079
Shipping income — **
Dividends from noncontrolled section
902 corp * 29,020 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 487,245 —
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 5,390 19,911
Passive income * 1,195 * 420
High withholding tax interest * 1,654 —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 2,541 * 19,491
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 9,412,797 35,137,332
Passive income 1,782,488 207,203
High withholding tax interest 375,617 —
Financial services income 1,415,064 * 678,577
Shipping income * 40,302 * 293,090
Dividends from noncontrolled section
902 corp 18,480 * 4,417
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 5,762,644 33,954,044
Section 901(j) income — —
Income re-sourced by treaty * 18,204 —
WHOLESALE AND RETAIL TRADE
All income types 416,232 1,058,946
Passive income 68,780 43,368
High withholding tax interest 40,869 —
Financial services income * 77,926 —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 228,656 1,015,578
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 54,343 72,419
Passive income * 3,375 * 94
High withholding tax interest 17,729 —
Financial services income — —
Shipping income * 25,762 * 47,964
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 7,478 24,360
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 453,340 13,941,701
Passive income 151,408 55,732
High withholding tax interest * 8,057 —
Financial services income * 2 * 8,496
Shipping income * 3,166 * 126,286
Dividends from noncontrolled section
902 corp * 125 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 290,581 13,751,187
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 22,304,212 1,170,297
Passive income 50,267 13,527
High withholding tax interest 734,698 —
Financial services income 21,435,301 1,046,539
Shipping income ** —
Dividends from noncontrolled section
902 corp * 7 * 122
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 80,174 110,108
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 34,944,806 4,006,186
Passive income 96,491 35,415
High withholding tax interest 1,136,040 —
Financial services income 33,282,285 1,373,137
Shipping income * 153 —
Dividends from noncontrolled section
902 corp * 1,995 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 427,843 2,597,634
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Service Other
Industrial division and income type income income
(7) (8)
ALL INDUSTRIES
All income types 23,414,004 114,068,512
Passive income * 2,114 1,124,987
High withholding tax interest — —
Financial services income 2,528,774 39,145,789
Shipping income * 6,710,261 275,922
Dividends from noncontrolled section
902 corp * 243 4,063
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — * 32,980
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 14,172,611 73,480,487
Section 901(j) income — * -951
Income re-sourced by treaty — * 5,236
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 1 * 139,594
Passive income — * -42
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 1 * 139,636
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 2,043,709 2,193,449
Passive income — * 2,545
High withholding tax interest — —
Financial services income — —
Shipping income — **
Dividends from noncontrolled section
902 corp — * 244
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 2,043,709 2,191,392
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types 127,571 631,511
Passive income * 64 * 251,867
High withholding tax interest — —
Financial services income * 5,562 * 39
Shipping income — **
Dividends from noncontrolled section
902 corp — * 83
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 121,946 375,610
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 331,390 122,799
Passive income * 21 * 6,881
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 162
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 331,369 115,756
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 3,360,666 54,615,104
Passive income * 1,014 284,836
High withholding tax interest — —
Financial services income * 8,063 2,505,467
Shipping income * 1,707 80,308
Dividends from noncontrolled section
902 corp — 11,673
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — * 3,747
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 3,349,882 51,729,972
Section 901(j) income — * -951
Income re-sourced by treaty — * 52
WHOLESALE AND RETAIL TRADE
All income types 500,106 3,688,599
Passive income — 71,451
High withholding tax interest — —
Financial services income — * 43,158
Shipping income — * (3)
Dividends from noncontrolled section
902 corp * 243 * 70
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 499,862 3,573,921
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 8,695,634 37,348
Passive income — * 1
High withholding tax interest — —
Financial services income * 13,199 * 41
Shipping income * 6,708,554 * 26,074
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,973,881 11,232
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 1,597,173 10,819,790
Passive income * 1 471,027
High withholding tax interest — —
Financial services income — * 11,200
Shipping income — * 74,327
Dividends from noncontrolled section
902 corp — * 64
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — **
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,597,172 10,233,940
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 2,818,974 23,008,749
Passive income — 18,085
High withholding tax interest — —
Financial services income 2,024,638 21,843,822
Shipping income — * (3)
Dividends from noncontrolled section
902 corp — * 1,878
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 794,336 1,144,964
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 3,938,780 18,811,570
Passive income * 1,015 18,335
High withholding tax interest — —
Financial services income * 477,313 14,742,061
Shipping income — * 92,035
Dividends from noncontrolled section
902 corp — * -10,110
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 3,460,453 3,964,064
Section 901(j) income — —
Income re-sourced by treaty — **
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Oil and gas
extraction Foreign
Industrial division and income type income (less branch
loss) (4) income (4)
(9) (10)
ALL INDUSTRIES
All income types 15,127,351 87,251,267
Passive income * 6,466 450,004
High withholding tax interest — 263,153
Financial services income — 49,337,353
Shipping income — * 4,111,550
Dividends from noncontrolled section
902 corp — * 3,187
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 15,120,884 33,086,020
Section 901(j) income — —
Income re-sourced by treaty — —
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types — —
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — —
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types * 369,280 1,975,904
Passive income — * 21,663
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 369,280 1,954,240
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types * 13,226 784,550
Passive income — * 273,136
High withholding tax interest — * 13
Financial services income — * 5,562
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 13,226 * 505,840
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types — * 107,451
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — * 107,451
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 14,612,814 21,097,281
Passive income * 6,466 148,224
High withholding tax interest — * 1,071
Financial services income — * 456,077
Shipping income — * 40,401
Dividends from noncontrolled section
902 corp — * 2,126
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 14,606,348 20,449,382
Section 901(j) income — —
Income re-sourced by treaty — —
WHOLESALE AND RETAIL TRADE
All income types * 111,489 1,682,666
Passive income — * 1,781
High withholding tax interest — —
Financial services income — * 11,407
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 111,489 1,669,478
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types — 4,724,738
Passive income — * 7
High withholding tax interest — —
Financial services income — —
Shipping income — * 4,071,149
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 653,581
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types — 3,054,897
Passive income — * 879
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 3,054,018
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types — 15,943,921
Passive income — * 381
High withholding tax interest — * 2
Financial services income — 15,143,996
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 799,543
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types * 20,542 37,879,859
Passive income — * 3,933
High withholding tax interest — * 262,067
Financial services income — 33,720,312
Shipping income — —
Dividends from noncontrolled section
902 corp — * 1,061
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 20,542 3,892,487
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Gross
income Deductions
(less loss)
Specifically
allocable
Industrial division and income type income Total
[section
863(b)] (4)
(11) (12)
ALL INDUSTRIES
All income types 9,176,112 202,269,920
Passive income * 2,430 1,876,663
High withholding tax interest * 136 1,028,408
Financial services income — 81,744,094
Shipping income — 6,960,589
Dividends from noncontrolled section
902 corp * (3) 741,611
Dividends from an IC-DISC or former
DISC (1) — * 9,387
Miscellaneous separately calculated
limitation — * 11,517
Certain distributions from a FSC or
former FSC (2) — 3,308,114
General limitation income 9,173,546 106,575,151
Section 901(j) income — * 2,371
Income re-sourced by treaty — * 12,015
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 127,202 * 119,484
Passive income — * 6,355
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 743
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — **
General limitation income * 127,202 * 93,481
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types — 3,290,604
Passive income — 8,909
High withholding tax interest — * 4,912
Financial services income — —
Shipping income — **
Dividends from noncontrolled section
902 corp — * 10,318
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 3,266,464
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types — 1,306,909
Passive income — 79,157
High withholding tax interest — * 4,339
Financial services income — * 32,438
Shipping income — **
Dividends from noncontrolled section
902 corp — * 38,526
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 1,143,853
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types — 381,474
Passive income — * 783
High withholding tax interest — * 20
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 845
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 379,826
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 8,215,612 76,260,938
Passive income * 2,260 1,440,295
High withholding tax interest * 136 100,993
Financial services income — 3,899,782
Shipping income — 466,502
Dividends from noncontrolled section
902 corp — 433,536
Dividends from an IC-DISC or former
DISC (1) — * 9,387
Miscellaneous separately calculated
limitation — * 10,191
Certain distributions from a FSC or
former FSC (2) — 2,935,211
General limitation income 8,213,215 66,950,656
Section 901(j) income — * 2,371
Income re-sourced by treaty — * 12,015
WHOLESALE AND RETAIL TRADE
All income types * 65,874 4,151,614
Passive income — 167,023
High withholding tax interest — 13,135
Financial services income — * 73,426
Shipping income — **
Dividends from noncontrolled section
902 corp * (3) 14,881
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — **
General limitation income * 65,874 3,868,115
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types * 3,128 8,035,750
Passive income * 1 4,099
High withholding tax interest — * 487
Financial services income — * 15,038
Shipping income — 6,248,963
Dividends from noncontrolled section
902 corp — * 3,634
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 3,127 1,763,529
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types * 243,296 19,911,938
Passive income — 83,371
High withholding tax interest — * 3,559
Financial services income — * 19,571
Shipping income — * 142,009
Dividends from noncontrolled section
902 corp — 72,186
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — **
Certain distributions from a FSC or
former FSC (2) — * 211,806
General limitation income * 243,296 19,378,111
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types * 144 36,408,313
Passive income — 36,180
High withholding tax interest — 285,815
Financial services income — 34,185,448
Shipping income — **
Dividends from noncontrolled section
902 corp — 46,351
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — **
General limitation income * 144 1,833,236
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 520,856 52,402,896
Passive income * 168 50,490
High withholding tax interest — 615,149
Financial services income — 43,518,392
Shipping income — * 93,722
Dividends from noncontrolled section
902 corp — 120,592
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — * 106,671
General limitation income 520,688 7,897,880
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Deductions
Deductions allocable to
specific types of income
Rental,
royalty,
and licensing
expenses
Depreciation,
depletion,
Industrial division and income type Total and
amortization
(13) (14)
ALL INDUSTRIES
All income types 108,022,787 1,290,753
Passive income 511,814 8,431
High withholding tax interest 140,149 —
Financial services income 33,505,524 687,531
Shipping income 6,658,183 * 108,512
Dividends from noncontrolled section
902 corp 86,434 * (3)
Dividends from an IC-DISC or former
DISC (1) * 9,387 —
Miscellaneous separately calculated
limitation * 4,547 —
Certain distributions from a FSC or
former FSC (2) 3,288,078 —
General limitation income 63,818,371 486,279
Section 901(j) income * 268 —
Income re-sourced by treaty * 32 —
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 71,634 —
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** —
General limitation income * 52,728 —
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 2,451,032 102,247
Passive income * 1,614 —
High withholding tax interest * 8 —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 622 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 2,448,789 102,247
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types 615,244 * 5,784
Passive income 35,181 * (3)
High withholding tax interest * (3) —
Financial services income * 26,864 —
Shipping income — **
Dividends from noncontrolled section
902 corp * 5,100 * (3)
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 542,673 * 374
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 336,455 * 1,183
Passive income * 742 * 10
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 58 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 335,655 * 1,173
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 42,276,285 224,324
Passive income 394,645 * 4,667
High withholding tax interest 27,463 —
Financial services income 2,170,180 * 5,755
Shipping income 386,215 * 38,979
Dividends from noncontrolled section
902 corp 45,837 —
Dividends from an IC-DISC or former
DISC (1) * 9,387 —
Miscellaneous separately calculated
limitation * 4,547 —
Certain distributions from a FSC or
former FSC (2) 2,935,036 —
General limitation income 36,302,674 174,922
Section 901(j) income * 268 —
Income re-sourced by treaty * 32 —
WHOLESALE AND RETAIL TRADE
All income types 2,682,751 4,979
Passive income 18,413 * 595
High withholding tax interest * 5,470 —
Financial services income * 45,416 * 240
Shipping income ** —
Dividends from noncontrolled section
902 corp * 1,680 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** —
General limitation income 2,597,284 4,144
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 7,795,999 * 1,503
Passive income * 254 —
High withholding tax interest * 54 —
Financial services income * 12,591 —
Shipping income * 6,057,481 * 64
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,725,618 * 1,438
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 12,634,227 232,406
Passive income 18,628 —
High withholding tax interest * 42 —
Financial services income * 18,478 —
Shipping income * 119,319 * 64,059
Dividends from noncontrolled section
902 corp * 22,577 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) * 211,560 —
General limitation income 12,243,622 168,347
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 17,775,632 266,215
Passive income 26,846 * 2,263
High withholding tax interest 95,048 —
Financial services income 16,465,403 * 253,962
Shipping income — —
Dividends from noncontrolled section
902 corp * 9,549 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** —
General limitation income 1,157,573 9,990
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 21,383,528 452,113
Passive income 15,490 * 895
High withholding tax interest 12,064 —
Financial services income 14,766,592 * 427,574
Shipping income * 89,562 —
Dividends from noncontrolled section
902 corp 1,012 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) * 87,055 —
General limitation income 6,411,754 23,644
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Deductions
Deductions allocable to
specific types of income
Rental,
royalty,
and
licensing
expenses
Service
Industrial division and income type Other expenses
(15) (16)
ALL INDUSTRIES
All income types 6,110,720 13,036,724
Passive income 49,050 * 2,293
High withholding tax interest * 1,614 * 1,590
Financial services income 980,954 937,327
Shipping income * 115,130 * 3,816,804
Dividends from noncontrolled section
902 corp * 102 * 1,832
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 4,963,871 8,276,878
Section 901(j) income — —
Income re-sourced by treaty — —
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 686 * (3)
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 686 * (3)
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 25,709 649,775
Passive income * 4 —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 25,705 649,775
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types * 1,603 * 11,606
Passive income * 648 —
High withholding tax interest — —
Financial services income — * 2,007
Shipping income ** —
Dividends from noncontrolled section
902 corp * 26 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 913 * 9,599
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types * 1,675 256,540
Passive income * 24 —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 1,651 256,540
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 1,741,975 1,240,576
Passive income * 11,136 * 521
High withholding tax interest — —
Financial services income — * 1,902
Shipping income * 113,040 * 2,631
Dividends from noncontrolled section
902 corp * 76 * 1,832
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,617,724 1,233,690
Section 901(j) income — —
Income re-sourced by treaty — —
WHOLESALE AND RETAIL TRADE
All income types 348,695 286,624
Passive income * 8,944 * 39
High withholding tax interest — —
Financial services income * 4 —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 339,747 286,586
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types * 4,649 5,510,783
Passive income * (*) —
High withholding tax interest — —
Financial services income — * 9,259
Shipping income * 36 * 3,814,172
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 4,613 1,687,352
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 2,283,489 1,282,885
Passive income * 6,962 —
High withholding tax interest — —
Financial services income — —
Shipping income * 1,806 —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 2,274,721 1,282,885
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 700,719 1,368,707
Passive income 11,896 * 59
High withholding tax interest * 1,550 * 1,590
Financial services income 652,943 776,236
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 34,330 590,822
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 1,001,519 2,429,227
Passive income 9,436 * 1,675
High withholding tax interest * 63 —
Financial services income * 328,006 * 147,924
Shipping income * 232 —
Dividends from noncontrolled section
902 corp * (3) —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 663,781 2,279,629
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Deductions
Deductions
not
allocable
to specific
types of
income
Other
deductions
allocable
Industrial division and income type to specific Total
types of
income
(17) (18)
ALL INDUSTRIES
All income types 87,584,590 94,247,133
Passive income 452,040 1,364,849
High withholding tax interest 136,946 888,259
Financial services income 30,899,712 48,238,570
Shipping income 2,617,737 302,406
Dividends from noncontrolled section
902 corp 84,500 655,177
Dividends from an IC-DISC or former
DISC (1) * 9,387 —
Miscellaneous separately calculated
limitation * 4,547 * 6,969
Certain distributions from a FSC or
former FSC (2) 3,288,078 * 20,036
General limitation income 50,091,343 42,756,780
Section 901(j) income * 268 * 2,102
Income re-sourced by treaty * 32 * 11,984
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 70,947 * 47,851
Passive income — * 6,355
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 743
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** —
General limitation income * 52,041 * 40,753
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 1,673,301 839,572
Passive income * 1,610 7,295
High withholding tax interest * 8 * 4,904
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 622 * 9,697
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,671,062 817,676
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types 596,250 691,665
Passive income * 34,532 43,977
High withholding tax interest * (3) * 4,339
Financial services income * 24,857 * 5,573
Shipping income — **
Dividends from noncontrolled section
902 corp * 5,074 * 33,426
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 531,787 601,180
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 77,058 45,019
Passive income * 708 * 41
High withholding tax interest — * 20
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 58 * 787
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 76,292 44,171
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 39,069,409 33,984,654
Passive income 378,321 1,045,650
High withholding tax interest 27,463 73,529
Financial services income 2,162,523 1,729,602
Shipping income * 231,565 80,288
Dividends from noncontrolled section
902 corp 43,929 387,699
Dividends from an IC-DISC or former
DISC (1) * 9,387 —
Miscellaneous separately calculated
limitation * 4,547 * 5,643
Certain distributions from a FSC or
former FSC (2) 2,935,036 * 175
General limitation income 33,276,338 30,647,981
Section 901(j) income * 268 * 2,102
Income re-sourced by treaty * 32 * 11,984
WHOLESALE AND RETAIL TRADE
All income types 2,042,453 1,468,863
Passive income 8,835 148,610
High withholding tax interest * 5470 7,665
Financial services income * 45,173 * 28,009
Shipping income ** **
Dividends from noncontrolled section
902 corp * 1,680 13,201
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** —
General limitation income 1,966,808 1,270,831
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 2,279,064 239,751
Passive income * 254 * 3,844
High withholding tax interest * 54 * 433
Financial services income * 3,332 * 2,447
Shipping income * 2,243,208 191,482
Dividends from noncontrolled section
902 corp — * 3,634
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 32,215 37,911
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 8,835,447 7,277,711
Passive income 11,666 64,743
High withholding tax interest * 42 * 3,517
Financial services income * 18,478 * 1,092
Shipping income * 53,454 * 22,689
Dividends from noncontrolled section
902 corp * 22,577 49,610
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — **
Certain distributions from a FSC or
former FSC (2) * 211,560 * 245
General limitation income 8,517,670 7,134,489
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 15,439,991 18,632,680
Passive income 12,629 9,333
High withholding tax interest 91,908 190,767
Financial services income 14,782,261 17,720,045
Shipping income — **
Dividends from noncontrolled section
902 corp * 9,549 36,802
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) ** —
General limitation income 522,431 675,663
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 17,500,670 31,019,368
Passive income 3,484 35,000
High withholding tax interest 12,001 603,085
Financial services income 13,863,088 28,751,801
Shipping income * 89,330 * 4,160
Dividends from noncontrolled section
902 corp * 1,012 119,580
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) * 87,055 * 19,616
General limitation income 3,444,700 1,486,127
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Deductions
Deductions not allocable
to specific types of
income
Research
Industrial division and income type and Interest
development
(19) (20)
ALL INDUSTRIES
All income types 9,876,318 49,478,293
Passive income 100,470 917,624
High withholding tax interest 2,273 746,677
Financial services income 198,176 34,333,832
Shipping income * 9,556 141,728
Dividends from noncontrolled section
902 corp 26,147 515,748
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation * 456 * 3,303
Certain distributions from a FSC or
former FSC (2) — * 12,294
General limitation income 9,539,078 12,793,537
Section 901(j) income * 162 * 1,863
Income re-sourced by treaty — * 11,686
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 24,454 * 10,035
Passive income * 214 * 5,385
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 417 * 283
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 23,823 * 4,367
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types * 54,061 295,441
Passive income * 131 5,770
High withholding tax interest * 29 * 3,920
Financial services income — —
Shipping income — **
Dividends from noncontrolled section
902 corp * 1,892 * 4,654
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 52,009 281,096
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types * 398 643,746
Passive income * 13 41,322
High withholding tax interest — * 1,847
Financial services income — * 5,388
Shipping income — **
Dividends from noncontrolled section
902 corp * (3) * 31,363
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 385 560,655
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types * 415 * 8,334
Passive income * (3) * (3)
High withholding tax interest — * 2
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 756
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 415 * 7,576
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 7,230,395 12,813,048
Passive income 94,891 700,771
High withholding tax interest * 129 65,748
Financial services income 6,795 1,668,795
Shipping income * 932 68,692
Dividends from noncontrolled section
902 corp 23,451 313,586
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation * 142 * 2,346
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 7,103,893 9,979,561
Section 901(j) income * 162 * 1,863
Income re-sourced by treaty — * 11,686
WHOLESALE AND RETAIL TRADE
All income types 32,916 595,729
Passive income * 29 81,485
High withholding tax interest * 3 * 4,901
Financial services income — * 22,626
Shipping income — **
Dividends from noncontrolled section
902 corp * 122 6,868
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 32,762 479,303
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types * 17,961 89,798
Passive income — * 3,443
High withholding tax interest — * 230
Financial services income — * 1,307
Shipping income * 7,580 * 58,369
Dividends from noncontrolled section
902 corp * 14 * 3,421
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 10,367 23,029
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 2,140,229 997,890
Passive income * 5,137 54,111
High withholding tax interest — * 3,464
Financial services income * 91 * 674
Shipping income * 1,044 * 10,742
Dividends from noncontrolled section
902 corp * 222 * 49,105
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation ** **
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 2,133,420 878,837
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types * 55,721 11,746,321
Passive income — 4,935
High withholding tax interest * 5 156,329
Financial services income * 8,793 11,500,141
Shipping income — **
Dividends from noncontrolled section
902 corp * 1 25,678
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 46,923 59,167
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 319,766 22,277,952
Passive income * 54 20,402
High withholding tax interest * 2,107 510,236
Financial services income * 182,497 21,134,901
Shipping income — * 137
Dividends from noncontrolled section
902 corp * 28 80,034
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — * 12,294
General limitation income 135,080 519,947
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Deductions
Deductions
not
allocable
to specific
types of
income
Deductions
from oil
Industrial division and income type Other and gas
extraction
income (5)
(21) (22)
ALL INDUSTRIES
All income types 32,808,117 9,369,404
Passive income 312,363 * 4
High withholding tax interest 135,097 —
Financial services income 12,617,472 —
Shipping income 149,704 —
Dividends from noncontrolled section
902 corp 85,234 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation * 3,211 —
Certain distributions from a FSC or
former FSC (2) * 7,742 —
General limitation income 19,496,919 9,369,400
Section 901(j) income * 78 —
Income re-sourced by treaty * 297 —
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 10,090 —
Passive income * 756 —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 42 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 9,292 —
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 463,133 * 178,756
Passive income * 1,085 —
High withholding tax interest * 955 —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 3,151 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 457,942 * 178,756
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types * 47,061 * 10,551
Passive income * 2,641 —
High withholding tax interest * 2,492 —
Financial services income * 185 —
Shipping income — —
Dividends from noncontrolled section
902 corp * 2,062 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 39,681 * 10,551
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types * 23,061 —
Passive income * 17 —
High withholding tax interest * 2 —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 32 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 23,011 —
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 13,585,976 9,069,121
Passive income 238,937 * 4
High withholding tax interest 5,040 —
Financial services income 54,011 —
Shipping income 10,663 —
Dividends from noncontrolled section
902 corp 40,358 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation * 3,156 —
Certain distributions from a FSC or
former FSC (2) * 175 —
General limitation income 13,233,261 9,069,117
Section 901(j) income * 78 —
Income re-sourced by treaty * 297 —
WHOLESALE AND RETAIL TRADE
All income types 786,058 * 110,976
Passive income 56,849 —
High withholding tax interest * 2,705 —
Financial services income * 4,891 —
Shipping income * (3) —
Dividends from noncontrolled section
902 corp * 6,136 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 715,477 * 110,976
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 129,211 —
Passive income * 392 —
High withholding tax interest * 146 —
Financial services income * 1,141 —
Shipping income * 124,116 —
Dividends from noncontrolled section
902 corp * 198 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 3,217 —
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 4,055,860 —
Passive income 5,219 —
High withholding tax interest * 53 —
Financial services income * 327 —
Shipping income * 10,903 —
Dividends from noncontrolled section
902 corp * 182 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation ** —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 4,038,876 —
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 6,139,091 —
Passive income 1,510 —
High withholding tax interest 33,611 —
Financial services income 5,874,451 —
Shipping income — —
Dividends from noncontrolled section
902 corp * 9,043 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 220,476 —
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 7,568,575 —
Passive income 4,957 —
High withholding tax interest 90,093 —
Financial services income 6,682,466 —
Shipping income * 4,022 —
Dividends from noncontrolled section
902 corp 24,028 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) * 7,322 —
General limitation income 755,686 —
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Taxable
income Adjustments
Industrial division and income type (less loss) to taxable
before income
adjustments
(23) (24)
ALL INDUSTRIES
All income types 147,116,869 10,480,879
Passive income 5,567,513 169,103
High withholding tax interest 1,465,100 59,714
Financial services income 28,048,630 1,701,605
Shipping income 835,349 88,096
Dividends from noncontrolled section
902 corp 2,401,448 -237,971
Dividends from an IC-DISC or former
DISC (1) * 1,606 * -7
Miscellaneous separately calculated
limitation * 27,390 * -7,096
Certain distributions from a FSC or
former FSC (2) 61,988 3,002
General limitation income 108,672,198 8,707,371
Section 901(j) income * -1,588 * -2,927
Income re-sourced by treaty * 37,233 * -11
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types 170,965 * 4,916
Passive income 5,584 * 321
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 805 * -177
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 164,577 * 4,772
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 2,066,788 173,296
Passive income 59,630 2,121
High withholding tax interest * 37,973 * 3,988
Financial services income — —
Shipping income ** **
Dividends from noncontrolled section
902 corp * 43,777 * 7,844
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,925,756 159,992
Section 901(j) income ** **
Income re-sourced by treaty — —
UTILITIES
All income types 2,192,638 174,190
Passive income 354,583 -21,926
High withholding tax interest * 8,542 * -254
Financial services income * 8,505 * -2,409
Shipping income ** **
Dividends from noncontrolled section
902 corp * 76,604 * -23,225
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,741,719 219,320
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 177,070 20,882
Passive income 8,623 * 408
High withholding tax interest * 1,634 —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 2,894 * -227
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 163,918 * 20,700
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 91,703,034 3,963,115
Passive income 3,771,531 201,145
High withholding tax interest 278,297 20,692
Financial services income 2,073,674 -11,815
Shipping income 68,879 -3,047
Dividends from noncontrolled section
902 corp 1,031,704 -154,766
Dividends from an IC-DISC or former
DISC (1) * 1,606 * -7
Miscellaneous separately calculated
limitation * -516 * -7,120
Certain distributions from a FSC or
former FSC (2) * 20,208 * -116
General limitation income 84,427,578 3,921,170
Section 901(j) income * -1,973 * -3,011
Income re-sourced by treaty * 32,049 * -11
WHOLESALE AND RETAIL TRADE
All income types 4,855,818 565,245
Passive income 152,209 -25,156
High withholding tax interest 32,332 * -2,365
Financial services income * 101,614 * -7,753
Shipping income ** **
Dividends from noncontrolled section
902 corp 20,649 -1,904
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 4,547,594 602,446
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 1,051,003 14,909
Passive income 10,598 * 1,180
High withholding tax interest 17,242 * -68
Financial services income * 8,399 * -102
Shipping income 676,418 * 13,726
Dividends from noncontrolled section
902 corp * 5,850 * -2,763
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 332,495 * 2,936
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 11,290,825 3,462,969
Passive income 774,401 4,441
High withholding tax interest * 4,498 -88
Financial services income * 142 * -1,148
Shipping income * 65,128 * 65,126
Dividends from noncontrolled section
902 corp 499,417 * -18,175
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation ** **
Certain distributions from a FSC or
former FSC (2) * 28,695 * 9,904
General limitation income 9,890,637 3,402,884
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 18,729,319 1,775,390
Passive income 147,164 66
High withholding tax interest 505,753 34,533
Financial services income 17,438,749 1,677,147
Shipping income ** **
Dividends from noncontrolled section
902 corp 152,925 -9,375
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 461,856 61,124
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 14,879,407 325,967
Passive income 283,191 6,502
High withholding tax interest 578,827 3,278
Financial services income 8,417,548 47,685
Shipping income * -1,319 * -1,534
Dividends from noncontrolled section
902 corp 566,823 -35,204
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) * 13,085 * -6,787
General limitation income 5,016,068 312,027
Section 901(j) income — —
Income re-sourced by treaty ** —
Foreign income and taxes
reported on Form 1118
Foreign
taxes
available
for credit
Taxable
income
Industrial division and income type (less loss) Total
after
adjustments
(25) (26)
ALL INDUSTRIES
All income types 136,635,990 47,575,987
Passive income 5,398,410 674,146
High withholding tax interest 1,405,386 423,071
Financial services income 26,347,026 6,015,291
Shipping income 747,254 134,982
Dividends from noncontrolled section
902 corp 2,639,419 1,514,762
Dividends from an IC-DISC or former
DISC (1) * 1,613 —
Miscellaneous separately calculated
limitation * 34,487 —
Certain distributions from a FSC or
former FSC (2) * 58,986 * 90
General limitation income 99,964,827 38,804,728
Section 901(j) income * 1,339 —
Income re-sourced by treaty * 37,244 * 8,918
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types 166,049 63,034
Passive income 5,263 204
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 982 * 1,826
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 159,805 * 61,004
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 1,893,492 1,022,018
Passive income 57,509 3,831
High withholding tax interest * 33,985 * 9,712
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 35,933 * 28,224
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,765,764 980,251
Section 901(j) income ** —
Income re-sourced by treaty — —
UTILITIES
All income types 2,018,449 846,283
Passive income 376,509 52,243
High withholding tax interest * 8,797 * 2,186
Financial services income * 10,914 * 1,863
Shipping income — —
Dividends from noncontrolled section
902 corp * 99,829 * 29,545
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,522,399 760,445
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 156,188 67,637
Passive income 8,215 393
High withholding tax interest * 1,634 * 167
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 3,120 * 1,061
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 143,218 66,017
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 87,739,919 33,251,300
Passive income 3,570,386 422,271
High withholding tax interest 257,605 55,704
Financial services income 2,085,489 856,248
Shipping income 71,925 * 15,911
Dividends from noncontrolled section
902 corp 1,186,469 845,136
Dividends from an IC-DISC or former
DISC (1) * 1,613 —
Miscellaneous separately calculated
limitation * 6,604 —
Certain distributions from a FSC or
former FSC (2) * 20,323 * 90
General limitation income 80,506,408 31,048,077
Section 901(j) income * 1,038 —
Income re-sourced by treaty * 32,059 * 7,864
WHOLESALE AND RETAIL TRADE
All income types 4,290,573 1,554,476
Passive income 177,365 33,104
High withholding tax interest 34,698 8,675
Financial services income * 109,367 * 21,606
Shipping income ** **
Dividends from noncontrolled section
902 corp 22,554 20,951
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 3,945,148 1,469,126
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 1,036,094 188,793
Passive income 9,418 1,247
High withholding tax interest 17,311 1,864
Financial services income * 8,501 * 1,273
Shipping income 662,692 117,920
Dividends from noncontrolled section
902 corp * 8,613 * 4,164
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 329,559 62,326
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 7,827,856 2,768,786
Passive income 769,959 74,855
High withholding tax interest * 4,587 * 773
Financial services income * 1,290 * 2
Shipping income * 1 —
Dividends from noncontrolled section
902 corp 517,591 178,627
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation ** —
Certain distributions from a FSC or
former FSC (2) * 18,791 —
General limitation income 6,487,753 2,514,528
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 16,953,929 3,343,076
Passive income 147,098 23,276
High withholding tax interest 471,221 107,988
Financial services income 15,761,602 2,983,244
Shipping income ** **
Dividends from noncontrolled section
902 corp 162,299 112,374
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 400,732 116,174
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 14,553,440 4,470,585
Passive income 276,688 62,723
High withholding tax interest 575,549 236,002
Financial services income 8,369,863 2,151,054
Shipping income * 215 * 117
Dividends from noncontrolled section
902 corp 602,028 292,854
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) * 19,871 —
General limitation income 4,704,042 1,726,781
Section 901(j) income — —
Income re-sourced by treaty ** **
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Reduction
for certain
Industrial division and income type foreign Carryover
taxes
(27) (28)
ALL INDUSTRIES
All income types 2,476,970 9,368,659
Passive income — 43,399
High withholding tax interest — 85,551
Financial services income — 225,381
Shipping income — * 9,389
Dividends from noncontrolled section
902 corp * 17 509,415
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation * 1,121 —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 2,475,831 8,495,176
Section 901(j) income — —
Income re-sourced by treaty — * 349
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types — * 2,694
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 1,418
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — * 1,275
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types * 320,756 578,481
Passive income — * 241
High withholding tax interest — * 3,517
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 11,688
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 320,756 563,036
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types * 2,214 46,850
Passive income — * 1,950
High withholding tax interest — * 45
Financial services income — * 519
Shipping income — —
Dividends from noncontrolled section
902 corp — * 7,930
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 2,214 * 36,406
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types — 10,919
Passive income — * 17
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 145
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 10,757
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 2,151,029 7,255,155
Passive income — 22,382
High withholding tax interest — 12,249
Financial services income — * 58,579
Shipping income — * 8,402
Dividends from noncontrolled section
902 corp * 17 310,253
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation * 1,121 —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 2,149,890 6,842,940
Section 901(j) income — —
Income re-sourced by treaty — * 349
WHOLESALE AND RETAIL TRADE
All income types * 137 361,988
Passive income — 5,462
High withholding tax interest — * 597
Financial services income — * 170
Shipping income — —
Dividends from noncontrolled section
902 corp — 9,129
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 137 346,630
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types — 13,159
Passive income — * 264
High withholding tax interest — * 23
Financial services income — * 316
Shipping income — * 987
Dividends from noncontrolled section
902 corp — * 1,759
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 9,811
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types * 508 307,774
Passive income — * 806
High withholding tax interest — * 9
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 38,097
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 508 268,863
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types — 241,484
Passive income — 5,230
High withholding tax interest — 9,740
Financial services income — 141,425
Shipping income — —
Dividends from noncontrolled section
902 corp — 58,977
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 26,111
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types * 2,326 550,156
Passive income — 7,047
High withholding tax interest — 59,371
Financial services income — * 24,373
Shipping income — —
Dividends from noncontrolled section
902 corp — 70,019
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 2,326 389,346
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or
accrued
Total paid,
accrued,
Industrial division and income type and deemed Total
paid
(29) (30)
ALL INDUSTRIES
All income types 40,684,298 13,608,822
Passive income 630,747 209,959
High withholding tax interest 337,520 289,842
Financial services income 5,789,909 3,634,347
Shipping income 125,593 84,388
Dividends from noncontrolled section
902 corp 1,005,365 66,645
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation * 1,121 —
Certain distributions from a FSC or
former FSC (2) * 90 —
General limitation income 32,785,383 9,322,498
Section 901(j) income — —
Income re-sourced by treaty * 8,569 * 1,143
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types 60,340 16,414
Passive income 204 * 145
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 408 * 77
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 59,729 * 16,191
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 764,294 646,320
Passive income 3,590 1,467
High withholding tax interest * 6,195 * 4,109
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 16,537 * 260
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 737,972 640,484
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types 801,647 165,499
Passive income 50,293 47,730
High withholding tax interest * 2,141 * 2,141
Financial services income * 1,344 * 1,145
Shipping income — —
Dividends from noncontrolled section
902 corp * 21,616 * 1,659
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 726,253 112,824
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 56,718 25,220
Passive income 376 376
High withholding tax interest * 167 * 167
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 915 * 32
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 55,260 24,644
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 28,147,174 7,011,736
Passive income 399,889 91,977
High withholding tax interest 43,455 40,334
Financial services income 797,669 458,562
Shipping income * 7,509 * 1,184
Dividends from noncontrolled section
902 corp 534,900 31,314
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation * 1,121 —
Certain distributions from a FSC or
former FSC (2) * 90 —
General limitation income 26,355,026 6,388,275
Section 901(j) income — —
Income re-sourced by treaty * 7,515 * 89
WHOLESALE AND RETAIL TRADE
All income types 1,192,625 445,015
Passive income 27,642 16,676
High withholding tax interest 8,078 4,636
Financial services income * 21,436 * 13,814
Shipping income ** **
Dividends from noncontrolled section
902 corp 11,823 1,765
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,122,633 407,495
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 175,634 111,160
Passive income 983 295
High withholding tax interest 1,841 1,841
Financial services income * 957 * 957
Shipping income 116,933 * 82,575
Dividends from noncontrolled section
902 corp * 2,404 * 762
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 52,516 24,730
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 2,461,519 1,186,527
Passive income 74,050 29,096
High withholding tax interest * 765 * 765
Financial services income * 2 * 2
Shipping income — —
Dividends from noncontrolled section
902 corp 140,530 * 18,527
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 2,246,172 1,138,137
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 3,101,592 1,730,942
Passive income 18,046 12,246
High withholding tax interest 98,247 88,762
Financial services income 2,841,819 1,580,934
Shipping income ** —
Dividends from noncontrolled section
902 corp 53,397 1,863
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 90,062 47,137
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 3,922,755 2,269,990
Passive income 55,676 9,950
High withholding tax interest 176,630 147,087
Financial services income 2,126,681 1,578,934
Shipping income * 117 —
Dividends from noncontrolled section
902 corp 222,835 10,385
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,339,762 522,581
Section 901(j) income — —
Income re-sourced by treaty ** **
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or accrued
Taxes
withheld
at source
on–
Taxes
withheld at
Industrial division and income type source on Interest
dividends
(31) (32)
ALL INDUSTRIES
All income types 2,193,964 784,126
Passive income 60,020 31,672
High withholding tax interest 8,170 281,672
Financial services income 236,024 338,852
Shipping income * 2,120 * 1,657
Dividends from noncontrolled section
902 corp 65,781 * 7
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,821,761 130,265
Section 901(j) income — —
Income re-sourced by treaty * 89 —
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types 1,798 * 965
Passive income * 8 * 1
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 77 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 1,712 * 964
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 12,727 10,429
Passive income * 108 * 601
High withholding tax interest — * 4,109
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 260 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 12,359 5,719
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types 51,114 13,358
Passive income * 842 * 84
High withholding tax interest — * 2,141
Financial services income * 132 —
Shipping income — —
Dividends from noncontrolled section
902 corp * 1,659 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 48,481 * 11,132
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 651 * 553
Passive income 51 * 119
High withholding tax interest — * 167
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * (3) —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 599 * 266
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 1,651,031 153,943
Passive income 37,891 18,177
High withholding tax interest * 304 40,030
Financial services income * 51,808 * 1,192
Shipping income * 592 * 126
Dividends from noncontrolled section
902 corp 30,553 * 7
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,529,795 94,411
Section 901(j) income — —
Income re-sourced by treaty * 89 —
WHOLESALE AND RETAIL TRADE
All income types 102,024 15,176
Passive income 7,370 2,922
High withholding tax interest — 4,636
Financial services income * 2,422 * 2,003
Shipping income — —
Dividends from noncontrolled section
902 corp 1,765 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 89,838 5,616
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types 3,926 3,827
Passive income * 59 * 220
High withholding tax interest — 1,841
Financial services income * 957 —
Shipping income * 899 * 1,531
Dividends from noncontrolled section
902 corp * 762 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,250 * 235
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 99,077 8,481
Passive income 4,388 6,106
High withholding tax interest — * 765
Financial services income * 2 —
Shipping income — —
Dividends from noncontrolled section
902 corp * 18,527 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 76,159 1,610
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 131,904 362,150
Passive income 7,774 934
High withholding tax interest * 124 88,638
Financial services income 118,476 272,190
Shipping income — —
Dividends from noncontrolled section
902 corp 1,793 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 3,737 388
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 139,713 215,244
Passive income 1,529 2,508
High withholding tax interest * 7,741 139,346
Financial services income 62,227 63,468
Shipping income — —
Dividends from noncontrolled section
902 corp 10,385 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 57,831 9,922
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or accrued
Taxes Other
withheld taxes paid
at source or accrued
on– on–
Rents,
royalties, Branch
Industrial division and income type and license income
fees
(33) (34)
ALL INDUSTRIES
All income types 2,213,430 4,861,563
Passive income 25,052 5,805
High withholding tax interest — —
Financial services income 17,739 1,925,241
Shipping income * 2,574 * 15,701
Dividends from noncontrolled section
902 corp * 358 * 53
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 2,167,707 2,914,763
Section 901(j) income — —
Income re-sourced by treaty — —
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 3,047 * 8,276
Passive income * 134 —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 2,913 * 8,276
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 15,307 256,348
Passive income — * 46
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 15,307 256,301
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types — * 2,967
Passive income — —
High withholding tax interest — —
Financial services income — * 1,013
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — * 1,955
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 1,240 * 3,023
Passive income * 39 —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 1,201 * 3,023
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 1,408,089 1,877,298
Passive income 11,298 4,247
High withholding tax interest — —
Financial services income * 858 * 24,961
Shipping income — * 32
Dividends from noncontrolled section
902 corp * 310 * 53
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 1,395,624 1,848,005
Section 901(j) income — —
Income re-sourced by treaty — —
WHOLESALE AND RETAIL TRADE
All income types 80,222 199,476
Passive income 5,645 * 103
High withholding tax interest — —
Financial services income — * 1,553
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 74,577 197,820
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types * 3,173 27,677
Passive income * 9 —
High withholding tax interest — —
Financial services income — —
Shipping income * 2,574 * 15,669
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 590 * 12,008
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 566,532 333,290
Passive income 4,262 * 41
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 562,270 333,249
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 21,930 661,282
Passive income 845 * 104
High withholding tax interest — —
Financial services income 13,324 638,868
Shipping income — —
Dividends from noncontrolled section
902 corp * 49 —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 7,712 22,310
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 113,889 1,491,927
Passive income 2,820 * 1,264
High withholding tax interest — —
Financial services income * 3,557 1,258,846
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 107,513 231,817
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or accrued
Other taxes paid
or accrued on–
Specifically
allocable
Industrial division and income type income Service
[section income
863(b)]
(35) (36)
ALL INDUSTRIES
All income types 8,524 387,240
Passive income * 69 * 463
High withholding tax interest — —
Financial services income * 64 48,015
Shipping income — * 61,735
Dividends from noncontrolled section
902 corp * (3) —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 8,391 * 277,026
Section 901(j) income — —
Income re-sourced by treaty — —
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types — * 21
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — * 21
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types — 25,385
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 25,385
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types — * 2,521
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — * 2,521
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types — 8,328
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 8,328
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 2,726 118,969
Passive income * 69 * 322
High withholding tax interest — —
Financial services income — * 4,692
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 2,657 113,955
Section 901(j) income — —
Income re-sourced by treaty — —
WHOLESALE AND RETAIL TRADE
All income types * 259 8,526
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * (3) —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 259 8,526
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types * 590 70,671
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — * 61,735
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 590 8,936
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types * 2,161 22,774
Passive income — —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 2,161 22,774
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types * 64 43,908
Passive income — —
High withholding tax interest — —
Financial services income * 64 36,523
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income — 7,385
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types * 2,724 86,138
Passive income — * 142
High withholding tax interest — —
Financial services income — * 6,800
Shipping income — —
Dividends from noncontrolled section
902 corp — —
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 2,724 79,196
Section 901(j) income — —
Income re-sourced by treaty — —
Foreign income and taxes
reported on Form 1118
Foreign taxes
available for credit
Paid or
accrued
Other
taxes
paid or
accrued
on–
Taxes
Industrial division and income type Other deemed
income paid
(37) (38)
ALL INDUSTRIES
All income types 3,159,976 27,075,476
Passive income 86,878 420,788
High withholding tax interest — 47,678
Financial services income 1,068,411 2,155,563
Shipping income * 601 41,205
Dividends from noncontrolled section
902 corp 446 938,720
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — * 1,121
Certain distributions from a FSC or
former FSC (2) — * 90
General limitation income 2,002,585 23,462,885
Section 901(j) income — —
Income re-sourced by treaty * 1,054 * 7,426
AGRICULTURE, FORESTRY,
FISHING, AND HUNTING
All income types * 2,307 * 43,927
Passive income * 3 * 59
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 330
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 2,304 * 43,538
Section 901(j) income — —
Income re-sourced by treaty — —
MINING
All income types 326,124 117,974
Passive income * 712 * 2,123
High withholding tax interest — * 2,087
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — * 16,277
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 325,412 97,488
Section 901(j) income — —
Income re-sourced by treaty — —
UTILITIES
All income types * 95,539 636,148
Passive income * 46,804 2,563
High withholding tax interest — —
Financial services income — * 200
Shipping income — —
Dividends from noncontrolled section
902 corp — * 19,957
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 48,735 613,429
Section 901(j) income — —
Income re-sourced by treaty — —
CONSTRUCTION
All income types 11,426 * 31,498
Passive income * 166 —
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp * 32 * 883
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 11,228 * 30,615
Section 901(j) income — —
Income re-sourced by treaty — —
MANUFACTURING
All income types 1,799,680 21,135,438
Passive income 19,975 307,912
High withholding tax interest — * 3,120
Financial services income * 375,051 339,107
Shipping income * 435 * 6,325
Dividends from noncontrolled section
902 corp * 392 503,585
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — * 1,121
Certain distributions from a FSC or
former FSC (2) — * 90
General limitation income 1,403,827 19,966,751
Section 901(j) income — —
Income re-sourced by treaty — * 7,426
WHOLESALE AND RETAIL TRADE
All income types 39,332 747,611
Passive income 636 10,966
High withholding tax interest — * 3,443
Financial services income * 7,835 * 7,623
Shipping income — **
Dividends from noncontrolled section
902 corp — 10,057
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 30,860 715,138
Section 901(j) income — —
Income re-sourced by treaty — —
TRANSPORTATION AND WAREHOUSING
All income types * 1,294 64,475
Passive income * 7 * 688
High withholding tax interest — —
Financial services income — —
Shipping income * 166 * 34,358
Dividends from noncontrolled section
902 corp — * 1,642
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income * 1,121 27,786
Section 901(j) income — —
Income re-sourced by treaty — —
INFORMATION
All income types 154,212 1,274,993
Passive income 14,297 44,954
High withholding tax interest — —
Financial services income — —
Shipping income — —
Dividends from noncontrolled section
902 corp — 122,003
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 139,915 1,108,036
Section 901(j) income — —
Income re-sourced by treaty — —
FINANCE, INSURANCE, AND REAL ESTATE
All income types 509,705 1,370,650
Passive income 2,590 5,800
High withholding tax interest — * 9,485
Financial services income 501,488 1,260,885
Shipping income — **
Dividends from noncontrolled section
902 corp * 21 51,534
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 5,606 42,925
Section 901(j) income — —
Income re-sourced by treaty — —
SERVICES
All income types 220,357 1,652,764
Passive income 1,688 45,725
High withholding tax interest — * 29,543
Financial services income 184,037 547,748
Shipping income — * 117
Dividends from noncontrolled section
902 corp — 212,450
Dividends from an IC-DISC or former
DISC (1) — —
Miscellaneous separately calculated
limitation — —
Certain distributions from a FSC or
former FSC (2) — —
General limitation income 33,578 817,181
Section 901(j) income — —
Income re-sourced by treaty ** —
* Data should be used with caution because of the small number
of returns on which they were based.
** Not shown to avoid disclosure of information about specific
taxpayers. However, the data are included in the appropriate
totals.
(1) Interest-Charge Domestic International Sales Corporation
(IC-DISC) and Domestic International Sales Corporation (DISC).
(2) Foreign Sales Corporation (FSC).
(3) Less than $500.
(4) Included in gross income (less loss), columns 2-8.
(5) Included in deductions, columns 12-21.
NOTE. Detail may not add to totals because of rounding.
Table 3.–U.S. Corporation Returns with a Foreign Tax Credit: Foreign
Income and Tax Reported on Form 1118, by Selected Country to Which
Foreign Tax Was Paid
[All figures are estimates based on samples–money amounts are inthousands of dollars]
Foreign
income and
taxes
reported on
Form 1118
Gross
income
(less loss)
Number of
Selected country returns Total
(1) (2)
All countries 5,927 349,386,789
Canada 1,779 23,852,124
Latin America, total 1,301 40,563,434
Mexico 869 10,793,027
Central America, total 283 1,943,735
Belize 30 27,369
Costa Rica 137 264,983
El Salvador 107 170,816
Guatemala 145 350,406
Honduras 84 87,192
Nicaragua 48 43,078
Panama 183 968,766
Central America not allocable 4 * 31,124
Caribbean countries, total 359 4,214,736
Cayman Islands (British) 170 2,467,956
Dominican Republic 149 314,076
Haiti 35 67,385
Jamaica 104 128,487
Trinidad and Tobago 113 677,767
Other Caribbean countries 112 559,065
South America, total 870 21,161,837
Argentina 486 6,223,558
Bolivia 95 154,741
Brazil 550 7,893,023
Chile 314 2,313,341
Colombia 310 1,555,551
Ecuador 177 197,293
Paraguay 57 79
Peru 243 607,446
Uruguay 114 306,142
Venezuela 350 1,759,462
Other South America 43 71,992
Latin America not allocable 22 2,450,100
Other Western Hemisphere, total 339 6,872,801
Bahamas 97 1,350,512
Bermuda 210 3,429,865
Netherlands Antilles 81 377,520
Other British West Indies 119 462,459
All other Western Hemisphere 62 1,252,446
Europe, total 2,419 141,323,557
European Union, total 2,355 128,330,371
Austria 241 893,866
Belgium 365 5,827,425
Denmark 277 1,074,194
Finland 243 867,691
France 597 9,476,174
Germany 709 19,583,288
Greece 179 893,030
Ireland 303 5,414,442
Italy 542 6,673,809
Luxembourg 96 1,579,950
Netherlands 893 12,822,873
Portugal 201 555,898
Spain 535 3,493,856
Sweden 353 2,349,243
United Kingdom 1,363 56,793,961
European Union, not allocable 4 * 30,671
Other West European countries, total 576 9,052,279
Liechtenstein 11 * 17,592
Monaco 18 29,601
Norway 227 1,913,815
Switzerland 476 5,201,099
Turkey 177 1,828,052
Other West European countries 67 61,412
West European countries not allocable ** **
East European countries, total 381 3,065,052
Roman 65 88,349
Former Soviet Union 244 893,109
Other East European countries 280 2,083,593
Europe not allocable 31 875,856
Africa, total 499 4,589,999
North Africa, total 174 1,166,415
Algeria 30 89,077
Egypt 138 965,657
Libya 5 * 473
Morocco 65 47,401
Other North Africa 43 63,808
East Africa, total 111 227,485
Ethiopia 18 41,645
Kenya 60 91,689
Tanzania 17 1,066
Uganda 15 3,152
Other East Africa 76 89,933
West and Central Africa, total 157 2,155,415
Gabon 44 27,624
Ghana 27 90,706
Liberia 33 130,031
Nigeria 66 1,075,925
Zaire 10 * -67,869
Other West and Central Africa 81 898,999
Southern Africa, total 352 1,038,945
Malawi 10 * 4,233
Zimbabwe 48 25,528
South Africa (including Namibia) 342 956,674
Zambia 22 10,764
Qther Southern Africa 17 41,747
Africa not allocable 8 * 1,739
Asia, total 1,649 67,986,812
Middle East, total 426 4,746,724
Bahrain 63 388,924
Iran 17 12,012
Iraq 7 * 10,745
Israel 265 1,100,279
Kuwait 107 134,074
Lebanon 64 55,077
Qatar 59 101,177
Saudi Arabia 158 1,592,022
United Arab Emirates 124 672,316
Other areas of the Arabian Peninsula 67 404,993
Other Middle East 98 275,105
Southern and Southeast Asia, total 797 18,421,135
Bangladesh 28 42,293
India 323 1,245,921
Indonesia 286 3,759,952
Malaysia 314 1,513,932
Pakistan 89 367,704
Philippines 263 1,743,162
Singapore 444 7,279,021
Sri Lanka 48 68,427
Thailand 327 2,189,209
Vietnam 57 46,425
Other Southern and Southeast Asia 50 165,089
Eastern Asia, total 1,379 40,884,803
China 377 1,895,819
Hong Kong 457 6,717,780
Japan 1,109 18,803,324
South Korea 387 3,033,256
Taiwan 360 4,633,471
Other Eastern Asia 32 5,801,153
Asia not allocable 39 3,934,151
Oceania, total 878 10,955,550
Australia 830 9,391,370
New Zealand 330 1,074,640
Other Oceania 63 489,539
Puerto Rico and U.S. Possessions, total 449 6,068,415
Puerto Rico 398 5,170,569
U.S. Possessions, total 156 897,845
American Samoa 17 10,709
Guam 104 390,843
Virgin Islands 84 363,068
Other U.S. Possessions 28 133,226
Country not stated 2,890 43,793,002
Foreign Sales Corporation dividends (1) 72 3,370,102
Interest-Charge Domestic International
Sales Corporation dividends (1) 5 * 10,993
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Foreign
dividend
income
Selected country Dividends resulting from
foreign taxes
deemed paid
(gross-up)
(3) (4)
All countries 60,541,096 27,074,099
Canada 5,563,762 3,716,981
Latin America, total 7,249,626 1,933,814
Mexico 2,043,470 764,394
Central America, total 536,679 93,634
Belize * 877 * 14
Costa Rica 18,586 4,925
El Salvador 9,499 * 3,065
Guatemala 27,817 9,065
Honduras 6,869 * 3,537
Nicaragua * 10,500 * 2,945
Panama 462,524 70,080
Central America not allocable * 6 * 3
Caribbean countries, total 1,270,381 114,350
Cayman Islands (British) 1,003,097 76,754
Dominican Republic 74,920 * 21,561
Haiti * 5,009 * 802
Jamaica * 3,612 * 4,178
Trinidad and Tobago 32,586 * 4,922
Other Caribbean countries 151,158 6,133
South America, total 3,399,096 961,436
Argentina 549,970 217,638
Bolivia * 7,774 * 2,646
Brazil 1,964,595 503,993
Chile 279,024 36,093
Colombia 149,914 69,917
Ecuador 19,105 4,846
Paraguay * 198 * 21
Peru 18,010 14,586
Uruguay 27,534 7,218
Venezuela 382,943 104,477
Other South America * 28 —
Latin America not allocable — —
Other Western Hemisphere, total 2,230,644 172,249
Bahamas 146,571 12,187
Bermuda 1,688,179 120,948
Netherlands Antilles 132,943 18,099
Other British West Indies 261,329 19,863
All other Western Hemisphere * 1,622 * 1,152
Europe, total 31,533,478 15,573,111
European Union, total 28,935,936 14,698,942
Austria 210,834 85,553
Belgium 932,290 314,391
Denmark 241,430 96,710
Finland 90,427 38,605
France 1,530,680 821,145
Germany 5,446,733 2,878,564
Greece 40,038 24,860
Ireland 1,186,665 175,897
Italy 1,439,785 1,552,213
Luxembourg 569,079 874,653
Netherlands 5,014,783 2,331,361
Portugal 143,838 55,281
Spain 1,032,472 431,233
Sweden 787,195 409,481
United Kingdom 10,269,687 4,608,994
European Union, not allocable — —
Other West European countries, total 2,333,071 774,312
Liechtenstein * 13,305 * 301
Monaco * 14,333 * 10
Norway 170,334 107,435
Switzerland 2,051,281 628,593
Turkey 83,184 37,500
Other West European countries * 635 * 473
West European countries not allocable — —
East European countries, total 263,739 99,833
Roman * 1,659 * 364
Former Soviet Union 94,229 22,183
Other East European countries 167,852 77,286
Europe not allocable * 732 * 23
Africa, total 484,965 185,125
North Africa, total 62,589 20,813
Algeria * 10,632 * 10,553
Egypt 45,438 7,226
Libya — —
Morocco * 728 * 356
Other North Africa * 5,792 * 2,677
East Africa, total 24,914 8,672
Ethiopia — —
Kenya * 5,000 * 2,496
Tanzania — —
Uganda * 1,317 * 657
Other East Africa 18,596 * 5,519
West and Central Africa, total 299,923 78,588
Gabon * 15,240 * 1,454
Ghana * 28,028 * 13,618
Liberia 86,140 * 2,024
Nigeria 163,215 58,794
Zaire * 502 * 126
Other West and Central Africa * 6,799 * 2,573
Southern Africa, total 97,539 77,053
Malawi * 1,917 * 1,269
Zimbabwe 9,855 9,952
South Africa (including Namibia) 83,212 64,083
Zambia * 840 * 1,123
Qther Southern Africa * 1,715 * 626
Africa not allocable — —
Asia, total 5,895,283 3,778,228
Middle East, total 271,829 87,976
Bahrain * 12,653 * 384
Iran * 1,340 —
Iraq — —
Israel 118,346 35,664
Kuwait * 1,714 * 285
Lebanon * 457 * 29
Qatar — —
Saudi Arabia 76,055 32,254
United Arab Emirates 38,441 * 9,436
Other areas of the Arabian Peninsula * 11,485 * 9,532
Other Middle East 11,338 * 392
Southern and Southeast Asia, total 1,493,658 542,730
Bangladesh — —
India 45,256 36,247
Indonesia 269,020 187,342
Malaysia 77,183 25,568
Pakistan 4,471 * 2,330
Philippines 405,185 123,311
Singapore 478,428 102,864
Sri Lanka * 5,468 * 1,467
Thailand 205,974 62,637
Vietnam * 148 * 32
Other Southern and Southeast Asia * 2,526 * 931
Eastern Asia, total 4,129,774 3,147,518
China 83,298 13,167
Hong Kong 1,108,617 299,496
Japan 2,336,763 2,553,508
South Korea 281,698 194,702
Taiwan 319,355 86,645
Other Eastern Asia * 42 —
Asia not allocable * 22 * 3
Oceania, total 2,472,660 1,286,448
Australia 2,101,674 1,093,783
New Zealand 338,324 191,171
Other Oceania * 32,662 * 1,494
Puerto Rico and U.S. Possessions, total 359,358 75,446
Puerto Rico 285,146 39,772
U.S. Possessions, total 74,212 * 35,674
American Samoa — —
Guam * 36,954 * 18,355
Virgin Islands * 23,507 * 11,523
Other U.S. Possessions * 13,751 * 5,796
Country not stated 1,370,315 352,607
Foreign Sales Corporation dividends (1) 3,370,012 * 90
Interest-Charge Domestic International
Sales Corporation dividends (1) * 10,993 —
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Rents,
royalties,
Selected country Interest and
license fees
(5) (6)
All countries 68,413,782 55,875,295
Canada 4,048,835 2,932,801
Latin America, total 11,644,780 3,672,998
Mexico 2,652,695 1,127,290
Central America, total 372,342 194,956
Belize * 6,507 * 37
Costa Rica 17,137 36,745
El Salvador 34,105 7,876
Guatemala 57,670 52,719
Honduras 15,080 4,547
Nicaragua * 1,560 1,453
Panama 240,184 66,000
Central America not allocable * 99 * 25,580
Caribbean countries, total 1,250,479 219,475
Cayman Islands (British) 1,128,471 164,728
Dominican Republic 63,586 20,511
Haiti * 7,852 * 933
Jamaica 27,613 11,124
Trinidad and Tobago 15,229 8,477
Other Caribbean countries 7,729 13,701
South America, total 7,064,825 1,937,088
Argentina 2,599,215 380,608
Bolivia 56,590 7,473
Brazil 2,566,876 933,427
Chile 766,458 152,889
Colombia 222,553 147,361
Ecuador 75,746 21,386
Paraguay * 52,996 6,429
Peru 134,352 50,643
Uruguay 123,102 27,229
Venezuela 462,148 207,291
Other South America * 4,789 2,352
Latin America not allocable * 304,439 * 194,189
Other Western Hemisphere, total 2,347,205 70,316
Bahamas 1,146,217 6,743
Bermuda 1,057,733 6,330
Netherlands Antilles 49,157 39,694
Other British West Indies 65,887 11,387
All other Western Hemisphere 28,211 6,163
Europe, total 25,187,378 24,707,447
European Union, total 22,679,937 22,269,270
Austria 80,435 304,788
Belgium 813,332 836,596
Denmark 77,058 295,950
Finland 82,118 272,775
France 788,762 2,640,491
Germany 987,875 3,741,322
Greece 363,852 238,180
Ireland 247,889 3,378,872
Italy 754,918 1,355,190
Luxembourg 50,207 72,170
Netherlands 537,585 2,641,845
Portugal 43,034 152,001
Spain 247,933 1,144,001
Sweden 227,791 431,364
United Kingdom 17,377,147 4,763,310
European Union, not allocable — * 414
Other West European countries, total 2,006,093 1,333,160
Liechtenstein * 742 * 88
Monaco * 979 * 187
Norway 209,868 191,755
Switzerland 354,587 963,768
Turkey 1,430,805 166,267
Other West European countries 8,452 11,048
West European countries not allocable ** **
East European countries, total 494,932 985,211
Roman 19,749 22,994
Former Soviet Union 330,589 125,921
Other East European countries 144,593 836,296
Europe not allocable * 6,417 119,807
Africa, total 436,941 517,459
North Africa, total 133,714 86,535
Algeria * 3,081 * 1,501
Egypt 91,619 78,442
Libya — —
Morocco 11,159 6,125
Other North Africa 27,855 * 467
East Africa, total 35,847 30,802
Ethiopia * 1,437 * 2,662
Kenya 29,042 7,941
Tanzania — * 334
Uganda * 6 * 213
Other East Africa 5,363 19,652
West and Central Africa, total 68,597 87,119
Gabon * 3,495 * -122
Ghana * 384 * 112
Liberia 27,428 —
Nigeria 9,679 62,502
Zaire * 508 * 759
Other West and Central Africa 27,103 23,869
Southern Africa, total 197,396 312,932
Malawi — * 99
Zimbabwe * 226 2,807
South Africa (including Namibia) 195,962 271,589
Zambia * 102 * 1,129
Qther Southern Africa * 1,105 * 37,307
Africa not allocable * 1,386 * 70
Asia, total 12,534,280 15,768,639
Middle East, total 646,134 539,311
Bahrain 298,724 1,006
Iran — * 1,066
Iraq * 129 —
Israel 114,153 139,710
Kuwait * 416 15,963
Lebanon * 17,741 16,321
Qatar 18,128 5,919
Saudi Arabia 52,421 221,528
United Arab Emirates 121,448 29,844
Other areas of the Arabian Peninsula * 11,518 23,348
Other Middle East 11,457 84,604
Southern and Southeast Asia, total 3,830,110 4,914,497
Bangladesh * 18,297 * 181
India 397,428 83,062
Indonesia 683,100 119,414
Malaysia 291,249 244,810
Pakistan 204,166 4,326
Philippines 469,837 126,604
Singapore 1,170,370 3,767,037
Sri Lanka * 10,180 30,335
Thailand 494,110 516,152
Vietnam * 17,764 1,401
Other Southern and Southeast Asia 73,608 21,175
Eastern Asia, total 5,455,910 9,939,594
China 136,837 538,606
Hong Kong 2,085,930 422,757
Japan 1,250,555 7,067,258
South Korea 950,475 888,259
Taiwan 1,010,187 1,021,434
Other Eastern Asia * 21,925 * 1,280
Asia not allocable * 2,602,126 * 375,238
Oceania, total 1,551,212 1,325,536
Australia 1,353,537 1,179,089
New Zealand 157,360 137,011
Other Oceania 40,316 9,435
Puerto Rico and U.S. Possessions, total 1,344,369 1,681,336
Puerto Rico 1,006,771 1,670,845
U.S. Possessions, total 337,598 10,492
American Samoa * 6,918 * 250
Guam 139,098 4,484
Virgin Islands 126,862 3,612
Other U.S. Possessions 64,721 * 2,145
Country not stated 9,318,782 5,198,234
Foreign Sales Corporation dividends (1) — —
Interest-Charge Domestic International
Sales Corporation dividends (1) — —
Foreign income and taxes
reported on Form 1118
Gross income (less loss)
Service Other
Selected country income income
(7) (8)
All countries 23,414,004 114,068,512
Canada 996,488 6,593,257
Latin America, total 4,247,751 11,814,466
Mexico 720,557 3,484,620
Central America, total 115,254 630,870
Belize * 146 19,788
Costa Rica 6,155 181,436
El Salvador 13,388 102,884
Guatemala 65,287 137,847
Honduras 10,857 46,301
Nicaragua * 1,287 25,333
Panama 18,133 111,845
Central America not allocable — * 5,436
Caribbean countries, total 383,340 976,712
Cayman Islands (British) 13,328 81,578
Dominican Republic 14,880 118,618
Haiti * 12,840 39,949
Jamaica 27,479 54,481
Trinidad and Tobago 108,121 508,434
Other Caribbean countries 206,692 173,651
South America, total 1,141,611 6,657,781
Argentina 293,237 2,182,890
Bolivia 46,131 34,128
Brazil 242,702 1,681,430
Chile 114,254 964,623
Colombia 148,912 816,894
Ecuador 9,379 66,830
Paraguay 4,111 15,533
Peru 53,862 335,993
Uruguay 33,345 87,713
Venezuela 182,304 420,298
Other South America * 13,375 51,449
Latin America not allocable * 1,886,988 64,484
Other Western Hemisphere, total 1,309,192 743,196
Bahamas 16,189 22,605
Bermuda 67,847 488,828
Netherlands Antilles 9,012 128,616
Other British West Indies 7,500 96,493
All other Western Hemisphere 1,208,643 6,654
Europe, total 5,580,812 38,741,332
European Union, total 4,809,010 34,937,276
Austria 17,585 194,671
Belgium 219,558 2,711,257
Denmark 25,672 337,375
Finland 19,766 364,000
France 334,998 3,360,097
Germany 555,713 5,973,080
Greece 11,870 214,231
Ireland 188,319 236,799
Italy 214,834 1,356,868
Luxembourg 2,749 11,090
Netherlands 244,398 2,052,900
Portugal 22,289 139,455
Spain 91,326 546,892
Sweden 107,137 386,276
United Kingdom 2,752,795 17,022,028
European Union, not allocable — * 30,258
Other West European countries, total 256,875 2,348,768
Liechtenstein * 891 * 2,266
Monaco * 5,973 * 8,119
Norway 88,184 1,146,239
Switzerland 133,792 1,069,079
Turkey 24,346 85,950
Other West European countries 3,689 37,115
West European countries not allocable — —
East European countries, total 339,382 881,955
Roman 12,062 31,521
Former Soviet Union 129,844 190,344
Other East European countries 197,476 660,091
Europe not allocable * 175,544 573,334
Africa, total 671,483 2,294,028
North Africa, total 113,764 749,000
Algeria * 33,691 29,619
Egypt 77,331 665,601
Libya — * 473
Morocco 2,549 26,483
Other North Africa * 194 26,823
East Africa, total 17,067 110,183
Ethiopia * 93 * 37,453
Kenya * 3,312 43,899
Tanzania * 119 * 613
Uganda * 83 * 875
Other East Africa 13,459 27,344
West and Central Africa, total 415,536 1,205,651
Gabon * 2,351 5,205
Ghana * 2,728 45,837
Liberia * 6,617 * 7,822
Nigeria 70,547 711,188
Zaire * 1,425 * -71,189
Other West and Central Africa 331,868 506,788
Southern Africa, total 124,953 229,073
Malawi * 2 * 945
Zimbabwe * 228 2,460
South Africa (including Namibia) 124,415 217,414
Zambia * 297 * 7,272
Qther Southern Africa * 11 * 983
Africa not allocable * 163 * 119
Asia, total 4,168,955 25,841,426
Middle East, total 709,062 2,492,412
Bahrain 20,545 55,613
Iran — * 9,606
Iraq — * 10,616
Israel 58,187 634,219
Kuwait 77,377 38,319
Lebanon * 1,004 19,526
Qatar 49,119 28,011
Saudi Arabia 330,550 879,214
United Arab Emirates 60,680 412,467
Other areas of the Arabian Peninsula 103,122 245,988
Other Middle East 8,479 158,833
Southern and Southeast Asia, total 1,025,584 6,614,556
Bangladesh 2,119 21,695
India 147,367 536,561
Indonesia 88,719 2,412,356
Malaysia 139,182 735,939
Pakistan 4,328 148,083
Philippines 91,994 526,231
Singapore 361,017 1,399,305
Sri Lanka 3,804 17,173
Thailand 132,796 777,540
Vietnam 16,172 10,908
Other Southern and Southeast Asia 38,084 28,765
Eastern Asia, total 2,216,376 15,995,632
China 522,121 601,789
Hong Kong 469,223 2,331,757
Japan 764,021 4,831,219
South Korea 164,721 553,400
Taiwan 269,789 1,926,060
Other Eastern Asia * 26,500 5,751,406
Asia not allocable * 217,933 738,829
Oceania, total 694,156 3,625,537
Australia 419,505 3,243,782
New Zealand 43,236 207,538
Other Oceania 231,416 174,217
Puerto Rico and U.S. Possessions, total 749,291 1,858,614
Puerto Rico 642,524 1,525,511
U.S. Possessions, total 106,767 333,104
American Samoa * 950 * 2,591
Guam 51,074 140,877
Virgin Islands 50,775 146,789
Other U.S. Possessions * 3,967 * 42,846
Country not stated 4,995,876 22,556,656
Foreign Sales Corporation dividends (1) — —
Interest-Charge Domestic International
Sales Corporation dividends (1) — —
Foreign income and taxes
reported on Form 1118
Oil and gas
extraction Foreign
Selected country income branch
(less income (2)
loss) (2)
(9) (10)
All countries 15,127,351 87,251,267
Canada 517,144 2,875,140
Latin America, total 761,005 12,796,437
Mexico * -4 2,956,277
Central America, total * 17 569,013
Belize — * 13,798
Costa Rica — 63,918
El Salvador — 59,592
Guatemala * 17 136,752
Honduras — 35,707
Nicaragua — 16,256
Panama — 232,556
Central America not allocable — * 10,432
Caribbean countries, total * 401,947 1,171,626
Cayman Islands (British) * -2,945 609,644
Dominican Republic — 103,342
Haiti — * 27,208
Jamaica — 60,477
Trinidad and Tobago * 404,892 167,862
Other Caribbean countries — 203,092
South America, total 359,045 6,292,348
Argentina * 137,233 2,068,253
Bolivia * 6 40,119
Brazil * 849 1,897,649
Chile * 184 761,540
Colombia * 189,038 709,632
Ecuador * 400 56,567
Paraguay — 68,362
Peru * 945 166,210
Uruguay — 140,178
Venezuela * 30,391 355,512
Other South America — 28,326
Latin America not allocable — * 1,807,173
Other Western Hemisphere, total * 39,442 2,842,852
Bahamas * 2,054 1,121,859
Bermuda * 37,388 387,907
Netherlands Antilles — * 51,040
Other British West Indies — 56,165
All other Western Hemisphere — * 1,225,881
Europe, total 6,487,019 32,915,251
European Union, total 5,550,097 29,479,165
Austria * 67 114,670
Belgium * 172 2,088,174
Denmark * 177,905 234,789
Finland — 32,244
France * 11,647 1,310,722
Germany * 17,302 2,887,062
Greece — 418,679
Ireland — 101,135
Italy * 38 1,186,180
Luxembourg — 21,913
Netherlands * 637,268 585,814
Portugal * 243 80,547
Spain * -10 457,082
Sweden — 258,037
United Kingdom 4,705,466 19,675,159
European Union, not allocable — * 26,959
Other West European countries, total * 767,515 2,315,185
Liechtenstein — —
Monaco — * 4,997
Norway 767,768 673,288
Switzerland — 793,760
Turkey * -316 842,792
Other West European countries * 63 * 348
West European countries not allocable — —
East European countries, total * 169,407 753,761
Roman * 85 * 49,793
Former Soviet Union * 169,322 332,098
Other East European countries — 371,870
Europe not allocable — * 367,140
Africa, total 781,514 1,272,890
North Africa, total * 414,782 455,611
Algeria * 13,373 * 11,530
Egypt * 401,389 359,944
Libya — * 11
Morocco — * 35,906
Other North Africa * 20 * 48,220
East Africa, total — 67,035
Ethiopia — * 9,476
Kenya — 40,930
Tanzania — * (3)
Uganda — —
Other East Africa — * 16,629
West and Central Africa, total * 366,732 415,399
Gabon * 12,519 * 9,089
Ghana — * 13,139
Liberia — * 6,671
Nigeria * 200,961 * 43,188
Zaire * 5,985 * 15
Other West and Central Africa * 147,266 343,297
Southern Africa, total — 334,845
Malawi — —
Zimbabwe — * 324
South Africa (including Namibia) — 327,523
Zambia — * 6,992
Qther Southern Africa — * 6
Africa not allocable — —
Asia, total 1,968,136 26,122,956
Middle East, total * 708,014 1,641,987
Bahrain — 311,976
Iran — —
Iraq — * 633
Israel — 41,907
Kuwait — 32,731
Lebanon — * 27,468
Qatar * -12,508 22,089
Saudi Arabia * 330,382 587,017
United Arab Emirates * 234,510 361,233
Other areas of the Arabian Peninsula * 155,630 * 151,848
Other Middle East — 105,086
Southern and Southeast Asia, total 1,151,016 5,420,740
Bangladesh — * 28,930
India — 376,088
Indonesia 757,085 641,805
Malaysia * 337,544 673,698
Pakistan * 20,480 264,606
Philippines * -543 520,567
Singapore * 1,278 2,030,849
Sri Lanka — * 21,010
Thailand * 35,172 702,483
Vietnam — * 33,306
Other Southern and Southeast Asia — 127,399
Eastern Asia, total * 109,107 17,587,965
China * 91,568 604,890
Hong Kong — 3,483,993
Japan * 17,539 4,438,426
South Korea — 973,611
Taiwan — 2,353,417
Other Eastern Asia — * 5,733,628
Asia not allocable — 1,472,265
Oceania, total * 760,982 3,377,950
Australia * 717,326 2,886,533
New Zealand * -3 229,188
Other Oceania * 43,659 * 262,229
Puerto Rico and U.S. Possessions, total — 2,329,308
Puerto Rico — 1,951,090
U.S. Possessions, total — 378,219
American Samoa — * 6,811
Guam — 242,378
Virgin Islands — 116,569
Other U.S. Possessions — * 12,461
Country not stated 3,812,109 2,699,095
Foreign Sales Corporation dividends (1) — —
Interest-Charge Domestic International
Sales Corporation dividends (1) — —
Foreign income and taxes
reported on Form 1118
Specifically
allocable
Selected country income Total
[section deductions
863(b)] (2)
(11) (12)
All countries 9,176,112 202,269,920
Canada 750,542 10,450,401
Latin America, total 289,954 25,234,836
Mexico 190,403 6,040,618
Central America, total 4,424 1,057,421
Belize * 106 27,512
Costa Rica 1,033 107,835
El Salvador * 247 99,377
Guatemala 456 245,929
Honduras * 144 52,476
Nicaragua * 63 14,400
Panama * 569 481,346
Central America not allocable * 1,806 * 28,547
Caribbean countries, total 8,337 2,394,367
Cayman Islands (British) * 10 1,177,752
Dominican Republic * 426 153,783
Haiti * 6 45,479
Jamaica * 156 96,031
Trinidad and Tobago * 666 523,823
Other Caribbean countries * 7,073 397,499
South America, total 86,790 13,537,061
Argentina 5,317 4,524,757
Bolivia * 405 93,761
Brazil 59,327 4,293,947
Chile 1,919 1,572,029
Colombia -562 1,031,580
Ecuador * 673 113,146
Paraguay * 3 59,686
Peru * 4,777 605,357
Uruguay 9,521 207,660
Venezuela 5,000 994,969
Other South America * 410 40,170
Latin America not allocable — 2,205,369
Other Western Hemisphere, total * 3,395 4,263,442
Bahamas * 4 989,133
Bermuda * 3,386 1,642,062
Netherlands Antilles * 3 225,676
Other British West Indies * (3) 264,324
All other Western Hemisphere * 1 1,142,247
Europe, total 1,986,873 75,167,381
European Union, total 1,720,250 67,743,514
Austria * 10,464 561,447
Belgium 18,973 3,785,029
Denmark * 2,049 545,856
Finland * 32,667 497,735
France 124,758 5,668,531
Germany 275,005 8,509,038
Greece * 874 670,085
Ireland * 39,501 2,289,194
Italy 83,299 3,271,532
Luxembourg * 8 476,501
Netherlands 910,479 3,931,780
Portugal * 13,130 288,457
Spain 39,297 1,583,095
Sweden * 36,060 1,018,213
United Kingdom 133,687 34,627,653
European Union, not allocable — * 19,368
Other West European countries, total 10,623 4,439,109
Liechtenstein — 4,673
Monaco — 14,544
Norway * -372 1,011,487
Switzerland * 3,876 2,298,939
Turkey * 3,328 1,067,274
Other West European countries * 3,792 42,164
West European countries not allocable — **
East European countries, total 221,261 2,468,950
Roman * -628 64,221
Former Soviet Union * 1,606 1,164,775
Other East European countries * 220,283 1,239,954
Europe not allocable * 34,739 515,809
Africa, total 6,535 3,213,537
North Africa, total * 1,349 1,169,695
Algeria * 1 171,889
Egypt * 737 902,470
Libya — * 3,693
Morocco * 612 25,732
Other North Africa — 65,912
East Africa, total * 1,531 144,045
Ethiopia * 5 44,081
Kenya * 45 58,057
Tanzania — 603
Uganda — 1,689
Other East Africa * 1,481 39,615
West and Central Africa, total * 6 1,263,523
Gabon — 15,671
Ghana * 1 41,347
Liberia — 33,516
Nigeria * 1 418,039
Zaire — * 4,744
Other West and Central Africa * 5 750,205
Southern Africa, total 3,649 635,132
Malawi * 1,719
Zimbabwe * -814 11,678
South Africa (including Namibia) 4,464 600,791
Zambia — 8,934
Qther Southern Africa — 12,010
Africa not allocable — * 1,142
Asia, total 1,386,111 44,592,033
Middle East, total -50,331 3,480,264
Bahrain * 56 381,103
Iran — 1,055
Iraq — * 3,957
Israel * 5,849 801,664
Kuwait * 33 131,683
Lebanon * 2 43,269
Qatar * 4 79,573
Saudi Arabia * -57,870 1,061,851
United Arab Emirates * 1,547 554,607
Other areas of the Arabian Peninsula * 26 227,277
Other Middle East * 21 194,227
Southern and Southeast Asia, total 433,062 11,364,629
Bangladesh — 30,035
India 360 935,751
Indonesia * 5,881 2,410,181
Malaysia 32,408 1,001,443
Pakistan * 628 262,544
Philippines 170,450 977,846
Singapore 207,873 4,076,096
Sri Lanka * 211 44,204
Thailand 15,379 1,471,703
Vietnam * -131 40,441
Other Southern and Southeast Asia * 3 114,384
Eastern Asia, total 1,002,799 26,126,559
China 22,958 1,377,521
Hong Kong 527,569 4,427,853
Japan 332,510 9,691,518
South Korea 20,253 2,012,432
Taiwan 99,510 3,472,676
Other Eastern Asia — 5,144,559
Asia not allocable * 580 3,620,580
Oceania, total 28,016 5,364,074
Australia 27,037 4,516,789
New Zealand 978 423,692
Other Oceania * 1 423,593
Puerto Rico and U.S. Possessions, total 42,215 4,156,046
Puerto Rico 12,444 3,439,912
U.S. Possessions, total * 29,771 716,133
American Samoa — 7,282
Guam * 2,952 287,303
Virgin Islands * (3) 280,888
Other U.S. Possessions * 26,819 140,661
Country not stated 4,682,470 26,510,669
Foreign Sales Corporation dividends (1) — 3,308,114
Interest-Charge Domestic International
Sales Corporation dividends (1) — * 9,387
Foreign income and taxes
reported on Form 1118
Deductions Taxable
from oil income
and gas (less loss)
Selected country extraction before
income (4) adjustments
(13) (14)
All countries 9,369,404 147,116,869
Canada * 252,401 13,401,723
Latin America, total 724,008 15,328,598
Mexico * 1,469 4,752,408
Central America, total * 53 886,314
Belize — -142
Costa Rica — 157,148
El Salvador — 71,439
Guatemala * 53 104,477
Honduras — 34,716
Nicaragua — 28,678
Panama — 487,420
Central America not allocable — * 2,577
Caribbean countries, total * 354,647 1,820,369
Cayman Islands (British) — 1,290,204
Dominican Republic — 160,293
Haiti — 21,906
Jamaica — 32,456
Trinidad and Tobago * 354,647 153,945
Other Caribbean countries — 161,565
South America, total 367,840 7,624,776
Argentina * 148,594 1,698,800
Bolivia * 58 60,980
Brazil * 1,004 3,599,076
Chile * 241 741,312
Colombia * 152,370 523,972
Ecuador * 6,011 84,147
Paraguay * 1,855 19,602
Peru * 3,130 2,089
Uruguay — 98,482
Venezuela * 54,578 764,493
Other South America — 31,822
Latin America not allocable — 244,731
Other Western Hemisphere, total * 37,235 2,609,359
Bahamas — 361,379
Bermuda * 37,235 1,787,802
Netherlands Antilles — 151,844
Other British West Indies — 198,135
All other Western Hemisphere — 110,199
Europe, total 3,000,863 66,156,176
European Union, total 2,326,804 60,586,857
Austria * 41 332,419
Belgium * 49 2,042,396
Denmark * 134,848 528,338
Finland — 369,955
France * 3,275 3,807,643
Germany * 205 11,074,250
Greece * 1,740 222,945
Ireland * (3) 3,125,248
Italy * 2,729 3,402,276
Luxembourg — 1,103,449
Netherlands * 81,090 8,891,093
Portugal — 267,441
Spain * 287 1,910,761
Sweden — 1,331,030
United Kingdom 2,102,540 22,166,308
European Union, not allocable — * 11,303
Other West European countries, total * 517,402 4,613,170
Liechtenstein — 12,919
Monaco — 15,057
Norway * 513,585 902,328
Switzerland — 2,902,160
Turkey * 134 760,778
Other West European countries * 3,683 19,248
West European countries not allocable — **
East European countries, total * 156,656 596,102
Roman * 2,372 24,128
Former Soviet Union * 154,285 -271,666
Other East European countries — 843,640
Europe not allocable — 360,047
Africa, total 784,366 1,376,462
North Africa, total * 543,529 -3,279
Algeria * 84,556 -82,812
Egypt * 445,352 63,187
Libya — * -3,219
Morocco — 21,669
Other North Africa * 13,621 -2,104
East Africa, total * (3) 83,440
Ethiopia — -2,436
Kenya — 33,632
Tanzania — 463
Uganda — 1,463
Other East Africa * (3) 50,318
West and Central Africa, total * 240,837 891,892
Gabon * 1,663 11,952
Ghana — 49,358
Liberia — 96,515
Nigeria * 34,609 657,886
Zaire * 1,223 -72,613
Other West and Central Africa * 203,343 148,794
Southern Africa, total — 403,813
Malawi — 2,514
Zimbabwe — 13,850
South Africa (including Namibia) — 355,882
Zambia — 1,830
Qther Southern Africa — 29,736
Africa not allocable — * 597
Asia, total 1,436,351 23,394,780
Middle East, total * 639,401 1,266,459
Bahrain — 7,822
Iran — 10,957
Iraq — * 6,788
Israel — 298,615
Kuwait * 11,862 2,391
Lebanon — 11,808
Qatar * 447 21,605
Saudi Arabia * 347,612 530,171
United Arab Emirates * 190,201 117,708
Other areas of the Arabian Peninsula * 89,278 177,716
Other Middle East — 80,878
Southern and Southeast Asia, total 745,595 7,056,506
Bangladesh * 263 12,258
India — 310,170
Indonesia 324,367 1,349,771
Malaysia * 392,408 512,489
Pakistan * 17,384 105,160
Philippines * 1,580 765,315
Singapore * 60 3,202,925
Sri Lanka — 24,223
Thailand * 9,526 717,506
Vietnam * 5 5,984
Other Southern and Southeast Asia — 50,705
Eastern Asia, total * 51,356 14,758,243
China * 51,290 518,298
Hong Kong — 2,289,927
Japan * 65 9,111,806
South Korea — 1,020,824
Taiwan — 1,160,795
Other Eastern Asia — 656,594
Asia not allocable — 313,570
Oceania, total 378,731 5,591,476
Australia * 343,625 4,874,581
New Zealand * 5 650,948
Other Oceania * 35,101 65,947
Puerto Rico and U.S. Possessions, total * 71 1,912,369
Puerto Rico * 71 1,730,657
U.S. Possessions, total — 181,712
American Samoa — 3,427
Guam — 103,540
Virgin Islands — 82,180
Other U.S. Possessions — -7,435
Country not stated 2,755,378 17,282,332
Foreign Sales Corporation dividends (1) — 61,988
Interest-Charge Domestic International
Sales Corporation dividends (1) — * 1,606
Foreign income and taxes
reported on Form 1118
Foreign taxes paid,
accrued, and
deemed paid
Foreign
taxes
paid or
accrued
Selected country Total Total
(15) (16)
All countries 40,684,298 13,608,822
Canada 4,510,064 793,084
Latin America, total 3,864,134 1,930,320
Mexico 1,176,210 411,816
Central America, total 149,501 55,867
Belize * 337 * 323
Costa Rica 19,346 14,421
El Salvador 7,233 4,167
Guatemala 24,944 15,879
Honduras 6,774 3,237
Nicaragua 4,189 1,244
Panama 85,348 15,268
Central America not allocable * 1,331 * 1,328
Caribbean countries, total 161,198 46,848
Cayman Islands (British) 76,754 —
Dominican Republic 39,629 18,069
Haiti * 6,679 * 5,877
Jamaica 13,515 9,337
Trinidad and Tobago 12,960 8,038
Other Caribbean countries 11,659 5,526
South America, total 2,367,781 1,406,345
Argentina 533,417 315,779
Bolivia 6,074 3,428
Brazil 1,102,822 598,829
Chile 231,082 194,989
Colombia 225,084 155,167
Ecuador 15,495 10,649
Paraguay 8,646 8,625
Peru 52,901 38,315
Uruguay 16,018 8,800
Venezuela 166,522 62,045
Other South America * 9,719 * 9,719
Latin America not allocable * 9,444 * 9,444
Other Western Hemisphere, total 178,024 5,775
Bahamas 12,187 —
Bermuda 120,948 —
Netherlands Antilles 20,506 * 2,407
Other British West Indies 21,865 2,002
All other Western Hemisphere * 2,518 * 1,366
Europe, total 19,954,687 4,380,761
European Union, total 18,473,291 3,773,534
Austria 103,310 17,757
Belgium 551,402 237,010
Denmark 147,146 50,436
Finland 51,439 12,834
France 1,139,056 317,246
Germany 3,493,354 614,790
Greece 62,112 37,252
Ireland 181,515 5,618
Italy 1,858,647 306,434
Luxembourg 903,334 28,681
Netherlands 2,678,123 346,761
Portugal 84,770 29,489
Spain 619,750 188,516
Sweden 485,161 75,681
United Kingdom 6,114,173 1,505,028
European Union, not allocable — —
Other West European countries, total 1,184,948 410,636
Liechtenstein * 1,279 * 977
Monaco * 208 * 198
Norway 305,887 198,452
Switzerland 708,028 79,434
Turkey 166,865 129,365
Other West European countries * 2,682 * 2,209
West European countries not allocable — —
East European countries, total 295,203 195,370
Roman 5,879 5,515
Former Soviet Union 168,829 146,646
Other East European countries 120,495 43,209
Europe not allocable * 1,244 * 1,221
Africa, total 563,226 378,101
North Africa, total 68,816 48,003
Algeria * 23,388 * 12,835
Egypt 36,246 29,020
Libya — —
Morocco 5,888 5,531
Other North Africa * 3,294 * 617
East Africa, total 20,684 12,012
Ethiopia * 1,036 * 1,036
Kenya 12,846 10,350
Tanzania * 21 * 21
Uganda * 657 —
Other East Africa 6,124 605
West and Central Africa, total 320,969 242,381
Gabon * 3,596 * 2,142
Ghana * 13,862 * 245
Liberia * 2,024 —
Nigeria 177,661 118,867
Zaire * 857 * 731
Other West and Central Africa 122,969 120,395
Southern Africa, total 152,757 75,705
Malawi * 1,269 —
Zimbabwe 11,943 1,991
South Africa (including Namibia) 132,345 68,262
Zambia * 1,908 * 785
Qther Southern Africa * 5,292 * 4,666
Africa not allocable — —
Asia, total 7,685,244 3,906,863
Middle East, total 342,622 254,646
Bahrain * 547 * 163
Iran — —
Iraq — —
Israel 62,546 26,882
Kuwait 7,228 6,943
Lebanon 1,064 1,035
Qatar * 3,770 * 3,770
Saudi Arabia 152,264 120,010
United Arab Emirates 41,396 31,960
Other areas of the Arabian Peninsula 68,703 59,171
Other Middle East 5,103 4,710
Southern and Southeast Asia, total 1,848,368 1,305,484
Bangladesh * 2,350 * 2,350
India 140,596 104,349
Indonesia 827,517 640,175
Malaysia 153,094 127,526
Pakistan 27,549 25,219
Philippines 271,218 147,906
Singapore 206,970 104,106
Sri Lanka 4,361 2,894
Thailand 203,396 140,605
Vietnam 1,716 1,684
Other Southern and Southeast Asia 9,601 * 8,670
Eastern Asia, total 5,472,268 2,324,750
China 48,214 35,047
Hong Kong 600,986 301,489
Japan 4,075,443 1,521,935
South Korea 372,535 177,833
Taiwan 278,350 191,705
Other Eastern Asia * 96,741 * 9,6741
Asia not allocable 21,987 * 21,984
Oceania, total 1,983,129 696,681
Australia 1,713,621 619,838
New Zealand 217,569 26,398
Other Oceania 51,939 50,445
Puerto Rico and U.S. Possessions, total 348,522 273,076
Puerto Rico 272,144 232,372
U.S. Possessions, total 76,378 40,705
American Samoa * 873 * 873
Guam 38,699 20,344
Virgin Islands 25,297 13,773
Other U.S. Possessions * 11,509 * 5,714
Country not stated 1,585,946 1,235,370
Foreign Sales Corporation dividends (1) * 90 —
Interest-Charge Domestic International
Sales Corporation dividends (1) — —
Foreign income and
taxes reported on
Form 1118
Foreign taxes paid,
accrued, and
deemed paid
Taxes withheld at
source on–
Selected country Dividends Interest
(17) (18)
All countries 2,193,964 784,126
Canada 263,751 46,290
Latin America, total 273,471 258,154
Mexico 24,567 36,423
Central America, total 4,587 357
Belize * 303 —
Costa Rica 2,247 * 112
El Salvador * 21 * 98
Guatemala * 526 * 89
Honduras * 781 * 26
Nicaragua — * 10
Panama * 679 * 22
Central America not allocable * 30 —
Caribbean countries, total 5,710 1,281
Cayman Islands (British) — —
Dominican Republic * 2,208 * 555
Haiti * 750 —
Jamaica * 356 * 425
Trinidad and Tobago * 1,626 * 19
Other Caribbean countries * 770 * 282
South America, total 238,607 218,578
Argentina * 2,226 38,860
Bolivia * 111 * 270
Brazil 173,855 167,437
Chile 51,899 3,812
Colombia 7,521 * 230
Ecuador * 516 * 553
Paraguay — * 85
Peru * 301 850
Uruguay — —
Venezuela * 2,178 6,480
Other South America — —
Latin America not allocable — * 1,514
Other Western Hemisphere, total * 1,263 * 248
Bahamas — —
Bermuda — —
Netherlands Antilles * 609 * 154
Other British West Indies * 653 * 94
All other Western Hemisphere — —
Europe, total 1,110,521 85,032
European Union, total 1,026,880 29,222
Austria 7,738 * 50
Belgium 30,310 2,135
Denmark 4,866 * 249
Finland 6,768 * 239
France 49,742 3,071
Germany 264,204 1,193
Greece * 28 * 5
Ireland 671 * 82
Italy 54,678 8,640
Luxembourg * 28,618 * 5
Netherlands 134,821 1,473
Portugal 14,381 425
Spain 74,776 1,314
Sweden 9,933 * 413
United Kingdom 345,346 9,928
European Union, not allocable — —
Other West European countries, total 71,534 49,876
Liechtenstein — —
Monaco — —
Norway 11,409 * 21
Switzerland 60,108 1,219
Turkey * 14 * 48,637
Other West European countries * 3 —
West European countries not allocable — —
East European countries, total 12,107 5,933
Roman * 689 * 11
Former Soviet Union 895 * 5,909
Other East European countries 10,523 * 13
Europe not allocable — —
Africa, total 6,371 495
North Africa, total * 57 * (3)
Algeria — —
Egypt * 5 —
Libya — —
Morocco * 52 * (3)
Other North Africa — * (3)
East Africa, total * 435 * 416
Ethiopia — —
Kenya * 287 * 308
Tanzania — —
Uganda — —
Other East Africa * 148 * 108
West and Central Africa, total 3,948 * 32
Gabon * 521 —
Ghana * 87 —
Liberia — —
Nigeria * 3,012 * 31
Zaire — * 1
Other West and Central Africa * 329 —
Southern Africa, total 1,930 * 47
Malawi — —
Zimbabwe * 1,662 —
South Africa (including Namibia) * 160 * 47
Zambia * 45 —
Qther Southern Africa * 64 —
Africa not allocable — —
Asia, total 373,124 237,731
Middle East, total 13,547 602
Bahrain — —
Iran — —
Iraq — —
Israel 13,165 527
Kuwait — —
Lebanon * 14 * 41
Qatar — —
Saudi Arabia * 352 * 34
United Arab Emirates — —
Other areas of the Arabian Peninsula — —
Other Middle East * 17 —
Southern and Southeast Asia, total 95,124 44,579
Bangladesh — —
India 908 * 70
Indonesia 9,344 10,188
Malaysia 1,078 918
Pakistan * 155 * 36
Philippines 72,817 20,239
Singapore 2,609 4,782
Sri Lanka * 231 —
Thailand 7,975 8,150
Vietnam — * 160
Other Southern and Southeast Asia * 6 * 36
Eastern Asia, total 264,452 175,748
China * 711 5,280
Hong Kong 6,956 * 134,147
Japan 190,201 27,681
South Korea 13,043 2,795
Taiwan 53,540 5,845
Other Eastern Asia * 1 —
Asia not allocable — * 16,802
Oceania, total 44,956 54,494
Australia 37,486 31,699
New Zealand 7,239 1,324
Other Oceania * 231 * 21,471
Puerto Rico and U.S. Possessions, total 4,977 17,510
Puerto Rico 4,977 10,455
U.S. Possessions, total — * 7,055
American Samoa — —
Guam — —
Virgin Islands — * 7,055
Other U.S. Possessions — —
Country not stated 115,287 84,172
Foreign Sales Corporation dividends (1) — —
Interest-Charge Domestic International
Sales Corporation dividends (1) — —
Foreign income and taxes
reported on Form 1118
Foreign taxes paid,
accrued, and deemed paid
Foreign taxes paid
or accrued
Other
taxes
Taxes withheld paid or
at source on accrued
on–
Rents,
Selected country royalties, and Branch
license fees income
(19) (20)
All countries 2,213,430 4,861,563
Canada 103,540 249,058
Latin America, total 369,855 533,144
Mexico 83,959 214,161
Central America, total 18,082 27,343
Belize * 4 * 16
Costa Rica 6,796 * 3,888
El Salvador 1,680 * 2,276
Guatemala 5,444 * 7,616
Honduras 1,119 * 632
Nicaragua * 35 * 356
Panama 3,004 * 11,273
Central America not allocable — * 1,286
Caribbean countries, total 3,480 22,954
Cayman Islands (British) — —
Dominican Republic 2,196 * 11,910
Haiti * 10 * 2,088
Jamaica 730 6,698
Trinidad and Tobago * 403 * 1,801
Other Caribbean countries * 142 * 457
South America, total 256,413 268,686
Argentina 67,034 118,950
Bolivia 359 * 1,296
Brazil 81,399 40,471
Chile 41,432 15,329
Colombia 26,440 50,805
Ecuador 5,504 * 1,032
Paraguay * 276 * 6,357
Peru 9,663 6,058
Uruguay 4,997 * 3,746
Venezuela 19,295 15,062
Other South America * 15 * 9,578
Latin America not allocable * 7,920 —
Other Western Hemisphere, total * 647 3,323
Bahamas — —
Bermuda — —
Netherlands Antilles — * 1,644
Other British West Indies * 48 * 913
All other Western Hemisphere * 600 * 766
Europe, total 443,695 1,630,404
European Union, total 406,542 1,348,037
Austria 1,982 * 7,771
Belgium * 5,190 111,035
Denmark * 98 41,728
Finland 4,723 * 608
France 62,778 46,799
Germany 3,341 291,005
Greece 1,138 * 35,526
Ireland * 268 * 1,154
Italy 83,361 106,600
Luxembourg — * 58
Netherlands 130,890 72,690
Portugal 8,251 * 4,882
Spain 83,511 21,420
Sweden * 19 18,415
United Kingdom 20,990 588,346
European Union, not allocable — —
Other West European countries, total 15,247 263,191
Liechtenstein — * 977
Monaco — —
Norway * 4,609 180,943
Switzerland * 586 15,322
Turkey 9,503 65,949
Other West European countries * 549 —
West European countries not allocable — —
East European countries, total 21,763 18,098
Roman 1,603 * 2,073
Former Soviet Union 4,213 8,973
Other East European countries 15,947 7,052
Europe not allocable * 143 * 1,078
Africa, total 39,613 282,562
North Africa, total 4,840 19,197
Algeria — —
Egypt * 4,494 * 14,021
Libya — —
Morocco 296 * 4,608
Other North Africa * 49 * 568
East Africa, total 597 * 4,836
Ethiopia — * 1,036
Kenya * 304 * 3,731
Tanzania * 21 —
Uganda — —
Other East Africa * 272 * 69
West and Central Africa, total 1,359 234,120
Gabon — * 1,347
Ghana * 27 * 131
Liberia — —
Nigeria * 765 * 114,667
Zaire — —
Other West and Central Africa * 567 * 117,975
Southern Africa, total 32,818 24,409
Malawi — —
Zimbabwe * 203 * 126
South Africa (including Namibia) 27,995 23,593
Zambia * 51 * 690
Qther Southern Africa * 4,569 —
Africa not allocable — —
Asia, total 978,891 1,602,748
Middle East, total 16,526 115,028
Bahrain * (3) * 163
Iran — —
Iraq — —
Israel 11,014 * 1,338
Kuwait * 1,045 * 3,550
Lebanon 102 * 844
Qatar * 7 * 2,693
Saudi Arabia 4,180 88,569
United Arab Emirates * 3 * 12,533
Other areas of the Arabian Peninsula * 100 * 2,586
Other Middle East * 76 * 2,752
Southern and Southeast Asia, total 153,316 672,796
Bangladesh — * 2,160
India 7,217 87,098
Indonesia 6,351 430,337
Malaysia 10,949 3,012
Pakistan * 568 * 23,832
Philippines 7,860 30,173
Singapore 47,623 42,596
Sri Lanka * 566 * 2,082
Thailand 72,018 43,194
Vietnam * 34 * 633
Other Southern and Southeast Asia * 131 * 7,679
Eastern Asia, total 808,337 814,568
China 17,945 5,015
Hong Kong 5,452 70,278
Japan 605,416 647,824
South Korea 113,347 38,717
Taiwan 66,178 52,579
Other Eastern Asia — * 156
Asia not allocable * 712 * 355
Oceania, total 77,891 192,801
Australia 67,950 186,294
New Zealand 9,623 4,470
Other Oceania * 318 * 2,037
Puerto Rico and U.S. Possessions, total 30,879 134,604
Puerto Rico 30,280 106,019
U.S. Possessions, total * 599 28,586
American Samoa * 4 * 861
Guam * 41 17,429
Virgin Islands * 554 * 4,630
Other U.S. Possessions — * 5,666
Country not stated 168,418 232,921
Foreign Sales Corporation dividends (1) — —
Interest-Charge Domestic International
Sales Corporation dividends (1) — —
Foreign income and taxes
reported on Form 1118
Foreign taxes paid,
accrued, and deemed paid
Foreign taxes paid
or accrued
Other taxes paid
or accrued on–
Specifically
allocable
Selected country income Service
[section income
863(b)]
(21) (22)
All countries 8,524 387,240
Canada * 270 24,938
Latin America, total * 51 81,157
Mexico — 8,890
Central America, total — 2,758
Belize — —
Costa Rica — * 252
El Salvador — * 65
Guatemala — 1,764
Honduras — * 677
Nicaragua — —
Panama — —
Central America not allocable — —
Caribbean countries, total — 8,103
Cayman Islands (British) — —
Dominican Republic — * 1,021
Haiti —
Jamaica — * 235
Trinidad and Tobago — * 3,465
Other Caribbean countries — * 3,382
South America, total * 51 61,405
Argentina — 40,709
Bolivia — * 133
Brazil * 51 6,287
Chile — 1,297
Colombia — 1,707
Ecuador — * 207
Paraguay — —
Peru — 4,252
Uruguay — * 48
Venezuela — 6,766
Other South America — —
Latin America not allocable — —
Other Western Hemisphere, total * 48 * 174
Bahamas — —
Bermuda — —
Netherlands Antilles — —
Other British West Indies * 48 * 174
All other Western Hemisphere — —
Europe, total * 17 96,308
European Union, total * 17 83,148
Austria — —
Belgium — * 690
Denmark — * 1,071
Finland — * 13
France — 4,178
Germany — 7,567
Greece — * 477
Ireland — * 2,381
Italy * 3 * 2,502
Luxembourg — —
Netherlands — * 1,486
Portugal — * 99
Spain * 1 * 1,689
Sweden — * 969
United Kingdom * 13 60,027
European Union, not allocable — —
Other West European countries, total — 3,181
Liechtenstein — —
Monaco — * 198
Norway — * 596
Switzerland — * 1,863
Turkey — * 525
Other West European countries — —
West European countries not allocable — —
East European countries, total — 9,979
Roman — * 1,129
Former Soviet Union — 1,851
Other East European countries — 6,999
Europe not allocable — —
Africa, total — 29,454
North Africa, total — * 13,070
Algeria — * 12,835
Egypt — * 182
Libya — —
Morocco — * 53
Other North Africa — —
East Africa, total — * 353
Ethiopia — —
Kenya — * 345
Tanzania — —
Uganda — —
Other East Africa — * 8
West and Central Africa, total — * 1,268
Gabon — —
Ghana — —
Liberia — —
Nigeria — * 293
Zaire — * (3)
Other West and Central Africa — * 975
Southern Africa, total — * 14,764
Malawi — —
Zimbabwe — —
South Africa (including Namibia) — * 14,764
Zambia — —
Qther Southern Africa — —
Africa not allocable — —
Asia, total * 654 41,718
Middle East, total * 69 3,270
Bahrain — —
Iran — —
Iraq — —
Israel * 69 * 369
Kuwait — * 19
Lebanon — * 33
Qatar — * 4
Saudi Arabia — * 2,707
United Arab Emirates — —
Other areas of the Arabian Peninsula — —
Other Middle East — * 137
Southern and Southeast Asia, total * 5 22,038
Bangladesh — * 190
India — 4,597
Indonesia — 6,999
Malaysia — 1,709
Pakistan — * 72
Philippines — 703
Singapore * 5 893
Sri Lanka — * 15
Thailand — 5,187
Vietnam — * 856
Other Southern and Southeast Asia — * 817
Eastern Asia, total * 579 16,269
China * 98 3,426
Hong Kong * 40 * 262
Japan * 64 4,732
South Korea * 378 2,052
Taiwan — 5,798
Other Eastern Asia — —
Asia not allocable — * 140
Oceania, total — 7,700
Australia — 5,081
New Zealand — * 2,613
Other Oceania — * 5
Puerto Rico and U.S. Possessions, total * 74 13,929
Puerto Rico — 12,451
U.S. Possessions, total * 74 1,479
American Samoa — * 7
Guam * 74 * 498
Virgin Islands — * 973
Other U.S. Possessions — —
Country not stated * 669 * 91,861
Foreign Sales Corporation dividends (1) — —
Interest-Charge Domestic International
Sales Corporation dividends (1) — —
Foreign income and
taxes reported
on Form 1118
Foreign taxes paid,
accrued, and
deemed paid
Foreign
taxes
paid or
accrued
Other
taxes
paid or
accrued
on–
Taxes
Selected country Other deemed
income paid
(23) (24)
All countries 3,159,976 27,075,476
Canada 105,236 3,716,980
Latin America, total 414,487 1,933,814
Mexico 43,816 764,394
Central America, total 2,739 93,634
Belize — * 14
Costa Rica * 1,125 4,925
El Salvador * 28 * 3,065
Guatemala * 440 9,065
Honduras * 1 * 3,537
Nicaragua * 844 * 2,945
Panama * 289 70,080
Central America not allocable * 12 * 3
Caribbean countries, total 5,319 114,350
Cayman Islands (British) — 76,754
Dominican Republic * 179 * 21,561
Haiti * 3,030 * 802
Jamaica * 893 * 4,178
Trinidad and Tobago * 724 * 4,922
Other Caribbean countries * 493 6,133
South America, total 362,605 961,436
Argentina 48,000 217,638
Bolivia * 1,259 * 2,646
Brazil 129,329 503,993
Chile 81,219 36,093
Colombia 68,464 69,917
Ecuador * 2,838 4,846
Paraguay * 1,907 * 21
Peru 17,191 14,586
Uruguay * 9 7,218
Venezuela 12,263 104,477
Other South America * 126 —
Latin America not allocable * 9 —
Other Western Hemisphere, total * 72 172,249
Bahamas — 12,187
Bermuda — 120,948
Netherlands Antilles — 18,099
Other British West Indies * 72 19,863
All other Western Hemisphere — * 1,152
Europe, total 1,014,784 15,573,927
European Union, total 879,686 14,699,758
Austria 216 85,553
Belgium 87,651 314,391
Denmark * 2,423 96,710
Finland 483 38,605
France 150,678 821,809
Germany 47,480 2,878,564
Greece * 78 24,860
Ireland * 1,061 175,897
Italy 50,649 1,552,213
Luxembourg — 874,653
Netherlands 5,401 2,331,361
Portugal 1,451 55,281
Spain 5,805 431,233
Sweden 45,931 409,481
United Kingdom 480,378 4,609,145
European Union, not allocable — —
Other West European countries, total 7,607 774,312
Liechtenstein — * 301
Monaco — * 10
Norway * 875 107,435
Switzerland 336 628,593
Turkey * 4,738 37,500
Other West European countries * 1,657 * 473
West European countries not allocable — —
East European countries, total 127,491 99,833
Roman * 10 * 364
Former Soviet Union 124,805 22,183
Other East European countries 2,676 77,286
Europe not allocable — * 23
Africa, total 19,606 185,125
North Africa, total * 10,839 20,813
Algeria — * 10,553
Egypt * 10,317 7,226
Libya — —
Morocco * 522 * 356
Other North Africa — * 2,677
East Africa, total * 5,375 8,672
Ethiopia — —
Kenya * 5,375 * 2,496
Tanzania — —
Uganda — * 657
Other East Africa — * 5,519
West and Central Africa, total * 1,654 78,588
Gabon * 274 * 1,454
Ghana * (3) * 13,618
Liberia — * 2,024
Nigeria * 99 58,794
Zaire * 730 * 126
Other West and Central Africa * 550 * 2,573
Southern Africa, total * 1,737 77,052
Malawi — * 1,269
Zimbabwe — 9,952
South Africa (including Namibia) * 1,704 64,082
Zambia — * 1,123
Qther Southern Africa * 34 * 626
Africa not allocable — —
Asia, total 671,998 3,778,382
Middle East, total 105,603 87,976
Bahrain — * 384
Iran — —
Iraq — —
Israel 400 35,664
Kuwait * 2,329 * 285
Lebanon * 2 * 29
Qatar * 1,066 —
Saudi Arabia * 24,167 32,254
United Arab Emirates * 19,424 * 9,436
Other areas of the Arabian Peninsula * 56,485 * 9,532
Other Middle East * 1,729 * 392
Southern and Southeast Asia, total 317,625 542,884
Bangladesh — —
India 4,459 36,247
Indonesia 176,954 187,342
Malaysia 109,860 25,568
Pakistan * 556 * 2,330
Philippines 16,115 123,311
Singapore 5,597 102,864
Sri Lanka * (3) * 1,467
Thailand 4,080 62,791
Vietnam * 2 * 32
Other Southern and Southeast Asia * 1 * 931
Eastern Asia, total 244,796 3,147,519
China 2,573 13,167
Hong Kong 84,355 299,497
Japan 46,017 2,553,508
South Korea 7,502 194,702
Taiwan 7,765 86,645
Other Eastern Asia * 96,584 —
Asia not allocable * 3,975 * 3
Oceania, total 318,839 1,286,448
Australia 291,328 1,093,783
New Zealand 1,128 191,171
Other Oceania * 26,383 * 1,494
Puerto Rico and U.S. Possessions, total 71,102 75,446
Puerto Rico 68,190 39,772
U.S. Possessions, total 2,912 * 35,674
American Samoa — —
Guam 2,303 * 18,355
Virgin Islands * 562 * 11,523
Other U.S. Possessions * 47 * 5,796
Country not stated 542,044 350,575
Foreign Sales Corporation dividends (1) — * 90
Interest-Charge Domestic International
Sales Corporation dividends (1) — —
* Data should be used with caution because of the small number of
returns on which they are based.
** Not shown to avoid disclosure of information about specific
taxpayers. However, the data are included in the appropriate totals.
(1) Dividends from an Interest-Charge Domestic International Sales
Corporation or a Foreign Sales Corporation were not reported for
specific foreign countries.
(2) Included in gross income (less loss), columns 2-8.
(3) Less than $500.
(4) Included in total deductions, column 12.
NOTE: Detail may not add to totals because of rounding.
Figure A
Income Subject to U.S. Tax, Foreign-Source Taxable Income,
Current-Year Foreign Taxes, and Foreign Tax Credit,
Tax Years 1993-1998
[Money amounts are in millions of dollars]Foreign-source
U.S. income tax taxable income
before credits (less loss) (2)
As a
Number of Income percentage
Tax U.S. subject Amount of income Amount
year corporation to U.S. subject to
returns tax (1) U.S. tax
(1) (2) (3) (4) (5)
1993 6,322 228,688 81,913 35.8 94,687
1994 7,199 255,439 90,786 35.5 101,521
1995 6,710 303,308 107,996 35.6 120,518
1996 6,100 370,049 130,748 35.3 150,826
1997 6,569 410,126 144,779 35.3 157,989
1998 5,927 377,129 132,740 35.2 147,129
Foreign-source Current-year Foreign tax credit
taxable income foreign taxes claimed
(less loss) (2)
As a
As a percentage As a
percentage of of foreign- percentage of
Tax income Amount source Amount U.S. income
year subject to U.S. taxable tax before
tax income (3) credits
(6) (7) (8) (9) (10)
1993 41.4 23,716 25.0 22,895 28.0
1994 39.7 26,470 26.1 25,419 28.0
1995 39.7 30,930 25.7 30,416 28.2
1996 40.8 41,177 27.3 40,255 30.8
1997 38.5 45,080 28.5 42,223 29.2
1998 35.9 47,576 32.3 37,338 28.1
(1) “Worldwide taxable income” is also used to describe
“income subject to U.S. tax”
(2) Before adjustments.
(3) The percentages shown in this column are not effective tax rates.
An effective tax rate would contain a measure of economic income in
the denominator and taxes on that income in the numerator. The
percentages shown here are simply a tool used to determine what
factors contributed to the relatively constant proportion of foreign
tax credits to U.S. tax liability over the 1993-1998 period.
Figure B
Foreign-Source Taxable Income, Current-Year Foreign Taxes, and
Carryover, by Selected Separate Limitation Category, Tax Year 1998
[Money amounts are in thousands of dollars]Foreign-source
taxable income Current-year
Selected limitation category (less loss) (1) foreign taxes
(1) (2)
All separate limitation
categories (3) 147,116,869 47,575,987
Passive income 5,567,513 674,146
High witholding tax interest 1,465,100 423,071
Financial services income 28,048,630 6,015,291
Shipping income 835,349 134,982
General limitation income 108,672,198 38,804,728
Current-year foreign
taxes as a percentage Carryover from
of foreign-source prior years
Selected limitation category taxable income (2)
(3) (4)
All separate limitation
categories (3) 32.3 9,368,659
Passive income 12.1 43,399
High witholding tax interest 28.9 85,551
Financial services income 21.4 225,381
Shipping income 16.2 9,389
General limitation income 35.7 8,495,176
(1) Before adjustments.
(2) The percentages shown in this column are not effective tax rates.
An effective tax rate would contain a measure of economic income in
the denominator and tax on that income in the numerator.
(3) Sum of detail does not equal total for these columns because
only selected categories are shown.
Figure C
Percentage of Foreign-Source Taxable Income
(less Loss), by Selected Country or Geographic
Area, Tax Year 1998
Netherlands 6.1%
Germany 7.5%
Japan 6.2%
Canada 9.1%
United Kingdom 15.1%
Rest of the World 56.0%
$147.1 Billion
Note: Table made from pie chart.
Figure F
U.S. Corporation Returns with a Foreign Tax
Credit: Foreign Oil and Gas Extraction Gross
Income by Selected Industrial Group and
Selected Country, Tax Year 1998
[Money amounts are in millions of dollars]Selected industrial group, country Gross income Percentage
(less loss) of total
Selected industrial group:
All industries 15,127 100.0
Petroleum (including integrated) and
coal products manufacturing 13,144 86.9
Chemical manufacturing 1,469 9.7
Oil and gas extraction 358 2.4
All other industries 156 1.0
Selected country:
All countries 15,127 100.0
United Kingdom 4,705 31.1
Norway 768 5.1
Indonesia 757 5.0
Austrailia 717 4.7
Netherlands 637 4.2
Canada * 517 * 3.4
Trinidad and Tobago * 405 * 2.7
Egypt * 401 * 2.7
Malaysia * 338 * 2.2
Saudi Arabia * 330 * 2.2
Nigeria * 201 * 1.3
Columbia * 189 * 1.2
Denmark * 178 * 1.2
All other countries 4,984 33.0
* Data should be used with caution because of the small
number of returns on which they are based.
Figure G
Comparison of the Number of Returns with a Foreign Tax Credit
and Total Foreign Tax Credit, by Standard Industrial
Classification (SIC) System and North American Industry
Classification System (NAICS) Industry Groupings, by NAICS
Division, Tax Year 1998
[Money amounts are in thousands of dollars]Number of
returns
Percentage
NAICS Division, selected difference
industrial sector, or group SIC NAICS between
NAICS/SIC
(1) (2) (3)
All industires 5,927 5,927 —
Raw material and energy
production 310 204 -34.2
Agriculture, forestry,
fishing, and hunting 107 81 -24.3
Mining 164 101 -38.4
Utilities 39 23 -41.0
Goods production 1,854 1,731 -6.6
Construction 220 221 0.5
Manufacturing 1,634 1,510 -7.6
Distribution and transportation
of goods 868 896 3.2
Wholesale and retail trade 782 809 3.5
Wholesale trade 513 621 21.1
Retail trade 270 187 -30.7
Transportation and warehousing 86 87 1.2
Information (1) 32 161 403.1
Finance, insurance, real estate,
and rental and leasing 1,724 1,490 -13.6
Finance and insurance 1,358 1,204 -11.3
Real estate and rental and
leasing 362 286 -21.0
Service 1,133 1,435 26.7
Professional and business
services 274 1,184 332.1
Professional, scientific,
and technical services 274 459 67.5
Management of companies
(holding companies) (2) — 725 100.0
Education, health, and social
assistance 11 38 245.5
Health care and social
assistance 11 38 245.5
Leisure, accommodation, and
food services 153 83 -45.8
Arts, entertainment, and
recreation 140 15 -89.3
Accommodation and food
services 13 68 423.1
Other services 686 130 -81.0
Not allocable 6 10 66.7
Total foreign tax
credit
Percentage
NAICS Division, selected difference
industrial sector, or group SIC NAICS between
NAICS/SIC
(4) (5) (6)
All industires 37,338,380 37,338,380 —
Raw material and energy
production 1,194,675 1,085,685 -9.1
Agriculture, forestry,
fishing, and hunting 52,931 54,317 2.6
Mining 504,285 501,907 -1.0
Utilities 637,459 529,461 -16.9
Goods production 27,242,346 26,787,750 -1.7
Construction 70,498 49,696 -29.5
Manufacturing 27,171,848 26,738,054 -1.6
Distribution and transportation
of goods 1,425,156 1,183,441 -17.0
Wholesale and retail trade 1,276,965 1,033,628 -19.1
Wholesale trade 537,639 574,516 6.9
Retail trade 739,326 459,112 -37.9
Transportation and warehousing 148,191 149,813 1.1
Information (1) 411,647 1,608,877 290.8
Finance, insurance, real estate,
and rental and leasing 5,581,569 3,065,854 -45.1
Finance and insurance 5,562,559 3,053,584 -45.1
Real estate and rental and
leasing 17,341 12,270 -29.2
Service 1,470,371 3,571,425 142.9
Professional and business
services 1,112,055 2,921,224 162.7
Professional, scientific,
and technical services 1,112,055 397,237 -64.3
Management of companies
(holding companies) (2) — 2,523,987 100.0
Education, health, and social
assistance 21,441 24,367 13.6
Health care and social
assistance 21,441 24,367 13.6
Leisure, accommodation, and
food services 211,818 464,525 119.3
Arts, entertainment, and
recreation 171,511 55,543 -67.3
Accommodation and food
services 40,307 408,982 914.7
Other services 123,331 161,309 30.7
Not allocable 12,616 35,348 180.2
(1) The Communications group under the former Standard Industrial
Classification System (SIC) is classified in the Information Sector
under the North American Industrial Classification System (NAICS).
(2) Management of companies, specifically bank holding companies,
is included in the finance and insurance sector under the former
Standard Industrial Classification System (SIC).
NOTE: Detail may not add to totals because of rounding.
Figure H
Coefficients of Variation for Foreign Tax Credit,
by Selected Industrial Group, Tax Year 1998
Coefficients of
variation for
foreign tax credit
Selected industrial group (percentages)
All industries 0.02
Agriculture, forestry, fishing, and hunting 0.02
Mining 0.32
Utilities 0.02
Construction 2.40
Manufacturing 0.01
Food manufacturing 0.04
Plastics and rubber products manufacturing 0.07
Chemical manufacturing 0.03
Petroleum and coal products manufacturing 0.01
Computer and electronic product manufacturing 0.01
Transportation equipment manufacturing (1)
Wholesale trade 0.35
Retail trade 0.48
Transportation and warehousing 0.10
Information 0.05
Finance and insurance 0.13
Real estate and rental and leasing 2.50
Professional, scientific, and technical services 0.54
Management of companies (holding companies) 0.11
Administrative and support and waste
management and remediation services 0.17
Educational services 9.34
Health care and social assistance 0.02
Arts, entertainment, and recreation 0.15
Accommodation and food services 0.01
Other services 0.31
(1) Less than .005 percent
Notes and References
[1] Since income tax returns for FSC’s were not a part of the sample used for the statistics, this income category is not included. Distributions from FSC’s or former FSC’s are reported on the parent corporation’s return and are included in these statistics when provided by the taxpayers. In this study, this particular statutory category is used when corporations report an irregular separate category of income that cannot be redefined for one of the existing categories of income.
[2] A foreign tax credit is not allowed for foreign taxes paid to countries sanctioned by the U.S. Government. Nevertheless, a foreign tax credit limitation is computed for each sanctioned country. These countries for 1998 are Cuba, Iran, Iraq, Libya, North Korea, Sudan, and Syria.
[3] See Green, Kathryn A. and Luttrell, Scott, “Corporate Foreign Tax Credit, 1997,” Statistics of Income Bulletin, Winter 2001-2002, Volume 21, Number 3.
[4] Current-year foreign taxes divided by foreign-source taxable income should not be used as a measure of the effective tax rate. This rate would contain a measure of economic income in the denominator and taxes on that income in the numerator. These percentages are a tool used to compare the proportion of taxes to foreign-source taxable income in each statutory group.
[5] The income, deductions, and taxes related to foreign oil and gas extraction income (FOGEI) are reported on Schedule I, Reduction of Oil and Gas Extraction Taxes, of Form 1118, Foreign Tax Credit–Corporations.
[6] North American Industry Classification System United States, 1997, Executive Office of the President, Office of Management and Budget, 1998.
[7] Internal Revenue Service, Statistics of Income –1998, Corporation Income Tax Returns.
Rob Singmaster and Andrea Heilbronner are economists with the Special Studies Returns Analysis Section. This article was written under the direction of Chris Carson, Chief.
COPYRIGHT 2002 U.S. Government Printing Office
COPYRIGHT 2004 Gale Group