The IRS has published new and updated draft forms. Some of these forms include:
- Form 965, Inclusion of Deferred Foreign Income Upon Transition to Participation Exemption System (Schedule A, Schedule B, Schedule C, Schedule D, Schedule E, Schedule F, Schedule G, Schedule H)
- >Form 965-A, Individual Report of Net 965 Tax Liability
- Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations (Schedule E, Schedule H, Schedule I-1, Schedule J, Schedule M, Schedule P)
- Form 8990, Business Interest Expense Limitation (draft not published as of October 19, 2018, referred to in other draft forms)
- Form 8991, Tax on Base Erosion Payments of Taxpayers With Substantial Gross Receipts (instructions)
- Form 8992, U.S. Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI) (instructions)
- Form 8993, Section 250 Deduction for Foreign-Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI)
