1120-FSC Form Schedule P


Transfer Price or Commission. This form is used for any foreign sales corporation (FSC) that generated for the tax year foreign trading gross receipts either from the resale of export property or services supplied by a "related party," or in its capacity as commission agent for a "related supplier" in the disposition of any export property or services. For these purposes, a "related party" or a "related supplier" is an entity that is "owned or controlled directly or indirectly by the same interests" as the FSC within the meaning of section 482 and Regulations section 1.482-1(a).
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1120-FSC Form 1120-H Form