Step 1 |
List amounts included in the CFC's gross revenue after exclusions-item (a) from part A less items (b) and (c) from part A-that fall into the following categories of passive income. |
Category of passive income |
Amount $ |
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Interest |
_______________ |
|||
Annuities |
_______________ |
|||
Tainted royalty income |
_______________ |
|||
Tainted rental income |
_______________ |
|||
Dividends |
_______________ |
|||
Other passive income |
_______________ |
|||
Total: |
a |
$________ |
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Step 2 |
Work out the CFC's gross revenue that is tainted sales income after exclusions - item a from part A less items b and c from part A. |
b |
$________ |
Step 3 |
Work out the CFC's gross revenue that is tainted services income after exclusions - item a from part A less items b and c from part A. |
c |
$________ |
Step 4 |
Work out the part of the CFC's net gains included in gross turnover that are tainted income. |
||
Category |
Amount $ |
||
Net commodity gain - from step 4 part A |
_______________ |
||
Net tainted commodity gain |
_______________ |
||
Smaller amount |
_______________ |
||
Net exchange gain - from step 4 part A |
_______________ |
||
Net tainted exchange gain |
_______________ |
||
Smaller amount |
_______________ |
||
Net gain from assets - from step 4 part A |
_______________ |
||
Net gain from tainted assets |
_______________ |
||
Smaller amount |
_______________ |
||
Total: |
d |
$________ |
|
Step 5 |
Work out the CFC's share of the gross tainted turnover of partnerships in which the CFC is a partner - see worksheet 3. |
Name of partnership |
Amount $ |
|||
__________________________________ |
_______________ |
|||
__________________________________ |
_______________ |
|||
__________________________________ |
_______________ |
|||
Total: |
e |
$__________ |
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Gross tainted turnover (a + b + c + d + e) |
B |
$__________ |
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