0113 Form 5735 (PDF)

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f5735.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

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Form

(Rev. January 2013) Department of the Treasury Internal Revenue Service

• See the separate instructions.

  • Attach to the corporation’s tax return.

OMB No. 1545-0217

For calendar year 20 , or other tax year beginning , 20 , and ending , 20 .

Name Employer identification number

Caution: The corporation must meet the qualified production activities income requirement (see instructions) to qualify for the American Samoa economic development credit.

1 Enter 60% of qualified compensation . . . . . . . . . . . . . . . . . . . . . 1

2 Enter 15% of the depreciation deduction for short-life qualified tangible property . . . . . . . 2

3 Enter 40% of the depreciation deduction for medium-life qualified tangible property . . . . . . 3

4 Enter 65% of the depreciation deduction for long-life qualified tangible property . . . . . . . 4

5 Tentative credit. Add lines 1 through 4 . . . . . . . . . . . . . . . . . . . . . 5

6 Total U.S. income tax against which credit is allowed . . . . . . . . . . . . . . . . 6

7 American Samoa economic development credit. Enter the smaller of line 5 or line 6. Enter the result here and on Form 1120, Schedule J, line 5b, or the corresponding line of other returns (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 12090G Form 5735 (Rev. 1-2013)