Statistics Search Results

SOI Tax Stats - Gift Tax Study Terms and Concepts

A FSC was a foreign corporation (i.e., incorporated abroad) created by "parent" shareholders (mostly corporations).  Almost all FSCs were owned by domestic corporations (i.e., incorporated in the United States); however, owners of a FSC were generally referred to as "shareholders" or “related suppliers’, since a FSC may have also been owned by an individual, a partnership, or a trust or estate. 

2008 Summer Bulletin Page

SOI Tax Stats - Foreign Recipients of U.S. Partnership Income Study Data Sources and Limitations

SOI Tax Stats - Gift Tax Study Data Sources and Limitations

SOI Tax Stats - Nonresident Alien Estate Tax Study Terms and Concepts

SOI Tax Stats - Foreign Recipients of U.S. Income Study Data Sources and Limitations

The Tax Cuts and Jobs Act of 2017 (P.L.115-97) added new section 59A (Tax on Base Erosion Payments of Taxpayers with Substantial Gross Receipts), which applies to large corporations that have the ability to reduce U.S. tax liabilities by making deductible payments to foreign related parties. This page contains statistics on the filings of Forms 8991, 8992, and 8993.

The Statistics of Income (SOI) Bulletin is issued quarterly by the Statistics of Income Division of the Internal Revenue Service. The 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. Selected historical and other data tables, previously published in the spring issue of the Bulletin are now only available on SOI’s pages of the IRS Website.

SOI Tax Stats - Corporate Foreign Tax Credit Study Metadata