This document is a Schedule K form that reports distributions from an IC-DISC (Interest Charge Domestic International Sales Corporation) to shareholders for tax year 2008. It summarizes taxable distributions in Part I, including deemed and actual distributions. Part II summarizes nontaxable distributions. Part III provides other information, including accumulated IC-DISC income from stock sold and a shareholder's deferred DISC income. The schedule must be completed for each shareholder and attached to the IC-DISC's tax return.
Abstract from Pirelli Group H1-’09 Financial Results, this presentation is about Pirelli Real Estate results.
More on: http://pirelli.webcasting.it/2907/client/?lang=eng
Abstract from Pirelli Group H1-’09 Financial Results, this presentation is about Pirelli Real Estate results.
More on: http://pirelli.webcasting.it/2907/client/?lang=eng
Form 1118 (Schedule J) Adjustments to Separate Limitation Income (Loss) Cate...taxman taxman
Form 1118 (Schedule J) Adjustments to Separate Limitation Income (Loss) Categories for Determining Numerators of Limitation Fractions, Year-End Recharacterization Balances, and Overall Foreign Loss Account Balances
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.
Form 1120-IC-DISC (Schedule K) Shareholder's Statement of IC-DISC Distributions
1. SCHEDULE K Shareholder’s Statement of IC-DISC Distributions—2008 OMB No. 1545-0938
(Form 1120-IC-DISC) For calendar year 2008 or tax year
COPY A—Attach to
beginning , 2008, ending , 20
Form 1120-IC-DISC
Department of the Treasury
(Complete for each shareholder. See instructions on back of Copy C.)
Internal Revenue Service
Part I Taxable Distributions
1a
1 Deemed distributions: a Under section 995(b)(1)
1b
b Annual installment under section 995(b)(2)
1c
c Total. Add lines 1a and 1b
2
2 Actual taxable distributions
3 Total taxable distributions. Add line 1c and line 2. Enter here and in Section A or B below 3
Section A—C Corporations
4a
4a Part of line 3 above entitled to section 243 dividends-received deduction
b Part of line 3 above not entitled to section 243 dividends-received deduction 4b
Section B—Shareholders Other Than C Corporations
5 Amount of taxable dividends included on line 3 5
Nontaxable Distributions
Part II
6
6 Actual distributions from previously taxed income and accumulated pre-1985 DISC income
7
7 Other actual nontaxable distributions
8 Total nontaxable distributions. Add lines 6 and 7 8
Part III Other Information
9
9 Accumulated IC-DISC income attributable to stock sold during the year
10 Deferred DISC income. See instructions 10
Name, employer identification number, and address (including ZIP code)
Shareholder’s name, identifying number, and address (including ZIP code) of IC-DISC, former DISC, or former IC-DISC
For Paperwork Reduction Act Notice, see the instructions for Form 1120-IC-DISC. Schedule K (Form 1120-IC-DISC) 2008
Cat. No. 11474A
2. SCHEDULE K Shareholder’s Statement of IC-DISC Distributions—2008 OMB No. 1545-0938
(Form 1120-IC-DISC) COPY B—
For calendar year 2008 or tax year
For Shareholder’s
beginning , 2008, ending , 20
Department of the Treasury
records
Internal Revenue Service
Part I Taxable Distributions
1a
1 Deemed distributions: a Under section 995(b)(1)
1b
b Annual installment under section 995(b)(2)
1c
c Total. Add lines 1a and 1b
2
2 Actual taxable distributions
3 Total taxable distributions. Add line 1c and line 2. Enter here and in Section A or B below 3
Section A—C Corporations
4a
4a Part of line 3 above entitled to section 243 dividends-received deduction
b Part of line 3 above not entitled to section 243 dividends-received deduction 4b
Section B—Shareholders Other Than C Corporations
5 Amount of taxable dividends included on line 3 5
Nontaxable Distributions
Part II
6
6 Actual distributions from previously taxed income and accumulated pre-1985 DISC income
7
7 Other actual nontaxable distributions
8 Total nontaxable distributions. Add lines 6 and 7 8
Part III Other Information
9
9 Accumulated IC-DISC income attributable to stock sold during the year
10 Deferred DISC income. You must complete Form 8404—see instructions 10
Name, employer identification number, and address (including ZIP code)
Shareholder’s name, identifying number, and address (including ZIP code) of IC-DISC, former DISC, or former IC-DISC
Schedule K (Form 1120-IC-DISC) 2008
Cat. No. 11474A
3. received a distribution with respect to that
Instructions for Shareholder Line 5. If you are an individual, partnership,
stock, you may be able to treat part of that
S corporation, estate, or trust, line 5 shows
Section references are to the Internal distribution as a nontaxable distribution. See
the amount of line 3 distributions taxable to
Revenue Code. section 996(d) for details.
you as a dividend.
Purpose of Form. Copy B of Schedule K For a tax-exempt entity, treat any deemed Part II—Nontaxable Distributions
(Form 1120-IC-DISC) reports an actual or distribution or actual distribution of previously
deemed distribution from an IC-DISC, former Actual distributions from previously taxed
untaxed income as derived from the conduct
IC-DISC, or former DISC. It also reports income and accumulated pre-1985 DISC
of an unrelated trade or business.
deferred DISC income from an IC-DISC. income are generally not taxable to the extent
Disposing of IC-DISC stock. If you disposed
Keep it for your records; do not file it with of your basis in the stock for which the
of stock in an IC-DISC, former IC-DISC, or
your income tax return. distribution was made. Except for
former DISC, you may need to include all or distributions of accumulated IC-DISC income
Part I—Taxable Distributions part of the gain in your income. The gain, and of earnings and profits from the time
reported as a dividend under section 995(c),
Report as distributions from an IC-DISC: before the corporation became an IC-DISC,
is included to the extent of accumulated actual distributions are not taxable to the
1. Deemed and actual taxable distributions IC-DISC income attributable to the stock extent of your basis in the stock for which the
and while you held it (line 9). This dividend is not distribution was made. Treat distributions in
2. Gain, to the extent of accumulated eligible for the section 243 deduction. excess of your basis as a gain from the sale
IC-DISC income, on the sale of stock (see For a tax-exempt entity, treat the gain or exchange of property. See section 996(e).
Disposing of IC-DISC Stock below). under section 995(c) as derived from the
Part III—Other Information
Line 1—Deemed distributions. You are conduct of an unrelated trade or business.
treated as having received deemed Line 10—Deferred DISC income. Line 10
Foreign shareholders treat all gains on the
distributions (line 1c) as of the last day of the shows your share of the IC-DISC’s deferred
disposition of stock in an IC-DISC, former
IC-DISC tax year. You must pay tax on the income for the year. Section 995(f) imposes
IC-DISC, or former DISC, and all distributions
distributions in your tax year that includes an interest charge on the additional tax you
from accumulated IC-DISC income or
that date. would pay if you included this deferred
accumulated pre-1985 DISC income,
income in your income for your tax year that
Line 2—Actual taxable distributions. You including deemed distributions, as effectively
ends with or includes the IC-DISC’s tax year
must pay tax on actual taxable distributions connected with the conduct of a trade or
end shown on Schedule K. Complete Form
in the year of receipt. business through a permanent establishment
8404, Interest Charge on DISC-Related
within the United States. See section 996(g)
Line 4. Line 4a shows the part of the total
Deferred Tax Liability, to figure the interest
for details.
taxable distribution on line 3 that qualifies for
charge.
the 70% or 80% dividends-received Acquiring IC-DISC stock. If you acquired
deduction under section 243. Line 4b shows stock in an IC-DISC and subsequently
the part that does not qualify for the
deduction.
Schedule K (Form 1120-IC-DISC) 2008
4. SCHEDULE K Shareholder’s Statement of IC-DISC Distributions—2008 OMB No. 1545-0938
(Form 1120-IC-DISC) For calendar year 2008 or tax year
COPY C—
beginning , 2008, ending , 20
For IC-DISC’s records
Department of the Treasury
(Complete for each shareholder. See instructions on back of Copy C.)
Internal Revenue Service
Part I Taxable Distributions
1a
1 Deemed distributions: a Under section 995(b)(1)
1b
b Annual installment under section 995(b)(2)
1c
c Total. Add lines 1a and 1b
2
2 Actual taxable distributions
3 Total taxable distributions. Add line 1c and line 2. Enter here and in Section A or B below 3
Section A—C Corporations
4a
4a Part of line 3 above entitled to section 243 dividends-received deduction
b Part of line 3 above not entitled to section 243 dividends-received deduction 4b
Section B—Shareholders Other Than C Corporations
5 Amount of taxable dividends included on line 3 5
Nontaxable Distributions
Part II
6
6 Actual distributions from previously taxed income and accumulated pre-1985 DISC income
7
7 Other actual nontaxable distributions
8 Total nontaxable distributions. Add lines 6 and 7 8
Part III Other Information
9
9 Accumulated IC-DISC income attributable to stock sold during the year
10 Deferred DISC income. See instructions 10
Name, employer identification number, and address (including ZIP code)
Shareholder’s name, identifying number, and address (including ZIP code) of IC-DISC, former DISC, or former IC-DISC
Schedule K (Form 1120-IC-DISC) 2008
Cat. No. 11474A
5. Line 4a. Enter on line 4a each shareholder’s (3) other earnings and profits. The total of this
Instructions for IC-DISC
amount of dividends out of other earnings line for all shareholders should equal the total
Section references are to the Internal and profits that are eligible for the nontaxable income reported on Form
Revenue Code. dividends-received deduction under section 1120-IC-DISC, Schedule J, Part IV, line 4d.
243. No dividends-received deduction is
General Instructions Part III—Other Information
allowed for a dividend from an IC-DISC,
former IC-DISC, or former DISC if it is—
Complete Schedule K (Form 1120-IC-DISC) Line 9. If (1) a shareholder disposes of stock
for each shareholder who had an actual or 1. Paid out of accumulated IC-DISC income in an IC-DISC or former DISC or (2) the stock
deemed distribution during the tax year or to or accumulated pre-1985 DISC income; of an IC-DISC, former IC-DISC, or former
whom the corporation is reporting deferred DISC is disposed of in a transaction that
2. Paid out of previously taxed income; or
DISC income for the tax year. Attach Copy A terminates the separate corporate existence
3. A deemed distribution under section
to Form 1120-IC-DISC. Give Copy B to the of an IC-DISC, former IC-DISC, or former
995(b)(1).
shareholder by the last day of the second DISC (other than a mere change in the place
month after your tax year ends. Keep Copy C Line 5. Complete for shareholders that are of organization), enter on line 9 the
for your records. individuals, partnerships, S corporations, accumulated IC-DISC income attributable to
estates, or trusts. Enter on line 5 each
Note. Do not report on Form 1099-DIV actual the stock that was accumulated during the
shareholder’s pro rata share of taxable
and deemed distributions or deferred DISC period the shareholder held the stock.
dividends included on line 3.
income. Line 10. Enter the shareholder’s share of the
corporation’s deferred DISC income at tax
Part II—Nontaxable Distributions
Specific Instructions year end. See section 995(f) and the
instructions for Schedule J, Part V, in the
Line 6. Enter the shareholder’s pro rata share
Part I—Taxable Distributions Instructions for Form 1120-IC-DISC for
of actual distributions from previously taxed
Line 1. On line 1a, enter the shareholder’s information on figuring deferred DISC income.
income and distributions from accumulated
pro rata share of the deemed distributions The total of this line for all shareholders
pre-1985 DISC income. The total of line 6 for
under section 995(b)(1). On line 1b, enter the should equal the total amount reported on
all shareholders should equal the total the
shareholder’s pro rata share of the annual Form 1120-IC-DISC, Schedule J, Part V,
corporation reports on Form 1120-IC-DISC,
installment under section 995(b)(2). The sum line 3.
Schedule J, Part IV, line 4a.
of the amounts on these lines for all Line 7. Enter the shareholder’s pro rata share
shareholders should equal the total the of actual nontaxable distributions out of other
corporation reports in Part I and Part III, than (1) previously taxed income or
Schedule J, Form 1120-IC-DISC. accumulated pre-1985 DISC income,
Line 2. Enter the amount of actual (2) accumulated IC-DISC income, and
distributions that are taxable to the
shareholder. These distributions come from
accumulated IC-DISC income and other
earnings and profits.
Schedule K (Form 1120-IC-DISC) 2008