About Form 8819, Dollar Election Under Section 985

Form 8819 is used to elect the U.S. dollar as the functional currency of an eligible qualified business unit (QBU), as defined in Regulations Section 1.985-2(b)(1). This form is filed by or on behalf of a noncontrolled section 902 corporation (defined in section 904(d)(2)(E)) to elect the U.S. dollar as its (or its qualified business unit (QBU) branch’s) functional currency.
General Information

SOI tax stats - Corporate foreign tax credit statistics

Provides data on foreign income and taxes reported by U.S. corporations claiming foreign tax credits. These credits are claimed to reduce or eliminate the double taxation of income earned overseas. Data are taken from Form 1118.
About IRS
Tax Professionals

Form 7204, Consent To Extend the Time To Assess Tax Related to Contested Foreign Income Taxes—Provisional Foreign Tax Credit Agreement

Information about Form 7204, Consent To Extend the Time To Assess Tax Related to Contested Foreign Income Taxes—Provisional Foreign Tax Credit Agreement, including recent updates, related forms and instructions on how to file. Form 7204 is used for elections to claim a provisional credit for contested foreign income taxes as provided in Provisional Foreign Tax Credit agreement.
Forms and Instructions
Individuals

SOI Tax Stats - Corporate Foreign Tax Credit study data sources and limitations

SOI Tax Stats - Corporate Foreign Tax Credit Study Data Sources and Limitations
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Tax Professionals

Foreign Tax Credit – How to figure the credit

As already indicated, you can claim a foreign tax credit only for foreign taxes on income, war profits, or excess profits, or taxes in lieu of those taxes.
General Information
Nonresidents

About Publication 597, Information on the United States-Canada Income Tax Treaty

Publication 597 discusses a number of treaty provisions that often apply to U.S. citizens or residents who may be liable for Canadian tax. This publication provides information on the income tax treaty between the United States and Canada. It discusses a number of treaty provisions that often apply to U.S. citizens or residents who may be liable for Canadian tax.
General Information

SOI Tax Stats - Papers - 2005 American Statistical Association conference

SOI Tax Stats - Papers - 2005 American Statistical Association Conference
About IRS
Tax Professionals

SOI Tax Stats - Corporate Foreign Tax Credit study metadata

SOI Tax Stats - Corporate Foreign Tax Credit Study Metadata
About IRS
Tax Professionals

Exhibit D - Research Credit computational issues (May 2008)

REVIEW STEPS FOR EVALUATING RESEARCH CREDIT COMPUTATIONAL ISSUES
General Information
Businesses

SOI Tax Stats - SOI Bulletin: Summer 2022

The Statistics of Income Bulletin is issued quarterly by the Statistics of Income Division of the Internal Revenue Service. This report provides the earliest published annual financial statistics obtained from the various types of tax and information returns filed, as well as information from periodic or special analytical studies of particular interest to students of the U.S. tax system, tax policymakers, and tax administrators.
Tax Professionals