Specific Instructions

If Form 8990 relates to an information return for a foreign entity (for example, Form 5471), provide the foreign entity name and appropriate identification number on line A.

If the foreign entity is a CFC group member or if this Form 8990 is being filed by or on behalf of the specified group parent to report the combined limitation of the CFC group, check the “Yes” box and see CFC group election, earlier, for additional requirements when making a CFC group election. One of those additional requirements is that a separate Form 8990 must be completed in order to report the combined limitation of the CFC group.

If a safe-harbor election is being made, check the “Yes” box and see Safe-harbor election , earlier, and Worksheet C, Stand-Alone Applicable CFC/CFC Group Safe Harbor Election, later, for additional requirements when making a

safe-harbor election and special instructions for completing Part I. If a safe-harbor election is made, Schedules A and B should not be completed.