OMB No. 1545-0123
SCHEDULE H                      Deductions Allocated to Effectively Connected 
(Form 1120-F)
                                  Income Under Regulations Section 1.861-8
Department of the Treasury                              Attach to Form 1120-F.                                                          24
Internal Revenue Service          Go to www.irs.gov/Form1120F for instructions and the latest information.                     20
Name of corporation                                                                                        Employer identification number

Part I   Home Office Deductible Expenses Definitely Related Solely to ECI or Non-ECI
         Note: Enter all amounts on lines 1a through 13 in only U.S. dollars or in only functional currency. If U.S. dollars, check box   . 
         Otherwise, specify currency:
  1a Total expenses on the books of the home office  .    .   . .    . .  .  . .   .           1a
  b  Check the applicable box below to indicate the accounting convention used to 
     compute the amount on line 1a:
         U.S. GAAP                Home Country GAAP
         IFRS                     Other (specify):
 2   Adjustments for U.S. tax principles (attach statement – see instructions)  .  .           2
 3   Total deductible expenses on the books of the home office. Combine lines 1a and 2  .           . . .  .  .           3
 4   Interest expense included on line 3    .     . . . . .   . .    . .  .  . .   .           4
 5   Bad debt expense included on line 3  .       . . . . .   . .    . .  .  . .   .           5
 6   Total of interest expense and bad debt expense. Add lines 4 and 5  .    . .   . .         .  . . . .  .  .           6
  7  Remaining deductible expenses to be allocated and apportioned between ECI and non-ECI. Subtract line 6 from line 3   7
  8  Deductible expenses definitely related solely to non-ECI from subsidiaries  . .           8
  9  Deductible expenses definitely related solely to other non-ECI booked in the home country 9
10   Deductible expenses definitely related solely to other non-ECI booked in other 
     countries (including the United States)  .     . . . .   . .    . .  .  . .   .           10
11   Deductible expenses definitely related solely to ECI  .  . .    . .  .  . .   .           11
 12  Total deductible expenses definitely related solely to ECI or non-ECI. Add lines 8 through 11  .      .  .           12
Part II  Home Office Deductible Expenses Allocated and Apportioned to ECI
         Note: Enter the amounts on lines 15 through 20 in U.S. dollars.
13   Remaining deductible expenses on the books of the home office not definitely related solely to ECI or 
     non-ECI. Subtract line 12 from line 7  .     . . . . .   . .    . .  .  . .   . .         .  . . . .  .  .           13
14   Average exchange rate used to convert amounts to U.S. dollars (see instructions)  .          . . . .  .  .           14
15   Enter the amount from line 13. If line 13 is stated in functional currency, divide line 13 by line 14  . .           15
16   Remaining home office deductible expenses on line 15 allocated and apportioned under Regulations
     section 1.861-8 to ECI (attach computation)      . . .   . .    . .  .  . .   . .         .  . . . .  .  .           16
17   Enter the amount from line 11. If line 11 is stated in functional currency, divide line 11 by line 14  . .           17
18   Total home office deductible expenses allocated and apportioned to ECI. Add lines 16 and 17 .         .  .           18
19   Total deductible expenses from other non-U.S. locations allocated and apportioned to ECI  .        .  .  .           19
20   Total deductible expenses allocated and apportioned to ECI.          Add lines 18 and 19 and enter the
     amount here and on Form 1120-F, Section II, line 26      . .    . .  .  . .   . .         .  . . . .  .  .           20
Part III Allocation and Apportionment Methods and Financial Records Used to Complete Parts I and II
         Note: Enter the amounts in Part III, lines 21a, 21b, 22a, and 22b in U.S. dollars.
• If one or more methods used are different than in prior year, check box  . . .   . .         .  . . . .  .  .         . .   . .       . . .
• If any amount on line 20 is recorded as an interbranch amount on books and records used to prepare Form 1120-F, Schedule 
  L, include the amount on Part IV, line 35 and check this box  .    . .  .  . .   . .         .  . . . .  .  .         . .   . .       . . .
21   Gross income ratio:
  a  Gross ECI           .  . . . . .   . . .     . . . . .   . .    . .  .  . .   .           21a
  b  Worldwide gross income .       .   . . .     . . . . .   . .    . .  .  . .   .           21b
  c  Divide line 21a by line 21b  .     . . .     . . . . .   . .    . .  .  . .   . .         .  . . . .  .  .           21c                %
22   Asset ratio:
  a  Average U.S. assets from Schedule I, line 5, column (d)    .    . .  .  . .   .           22a
  b  Worldwide assets (if applicable, from Schedule I, line 6b)  .   . .  .  . .   .           22b
  c  Divide line 22a by line 22b  .     . . .     . . . . .   . .    . .  .  . .   . .         .  . . . .  .  .           22c                %
23   Number of personnel ratio:
  a  Personnel of U.S. trade or business  .       . . . . .   . .    . .  .  . .   .           23a
  b  Worldwide personnel  .       . .   . . .     . . . . .   . .    . .  .  . .   .           23b
  c  Divide line 23a by line 23b  .     . . .     . . . . .   . .    . .  .  . .   . .         .  . . . .  .  .           23c                %
24   Did the corporation use any ratio-based methods (other than those indicated on lines 21 through 23 above) in                       Yes  No
     Parts I and II? If “Yes,” attach statement (see instructions) . . .  .  . .   . .         .  . . . .  .  .         . .   .
25   Did the corporation use any other methods (for example, time-spent analysis or estimates) in Parts I and II? If
     “Yes,” attach statement (see instructions)  .    . . .   . .    . .  .  . .   . .         .  . . . .  .  .         . .   .
For Paperwork Reduction Act Notice, see the Instructions for Form 1120-F.          Cat. No. 49679V            Schedule H (Form 1120-F) 2024

Schedule H (Form 1120-F) 2024                                                                                             Page 2 
Part III Allocation and Apportionment Methods and Financial Records Used to Complete Parts I and II 
         (continued)
         Note: Indicate whether the corporation used any of the following financial and other records in Parts I and II 
         to identify deductible expenses allocated and apportioned to ECI.
                                                                                                                      Yes No
26a Published or other non-public audited financial statements    . .       . .  . . . .   . . . . . .      . .  . .  
b   Non-audited financial statements  .   . .  . . .    .   . .   . .       . .  . . . .   . . . . . .      . .  . .
27  Home office management or other departmental cost accounting reports .         . . .   . . . . . .      . .  . .  
28  Other (e.g., home country regulatory reports or written, contemporaneous functional analyses) (attach statement)  

Part IV  Allocation and Apportionment of Expenses on Books and Records Used to Prepare Form 1120-F, Schedule L 
         Note: Enter all amounts in Part IV in U.S. dollars.

29  Total  expenses  per  books  and  records  used  to  prepare  Form  1120-F, 
    Schedule L  .   .         . . . . . . . .  . . .    .   . .   . .       . .  . .   29

30  Adjustments for U.S. tax principles (attach statement – see instructions)  .   .   30

31  Total deductible expenses. Combine lines 29 and 30      . .   . .       . .  . . . .   . . . . . .        31

32a Third-party interest expense included on line 31  . .   . .   . .       . .  . .   32a

b   Interbranch interest expense included on line 31  . .   . .   . .       . .  . .   32b

33  Bad debt expense included on line 31    .  . . .    .   . .   . .       . .  . .   33
34  Other third-party deductible expenses not allocated or apportioned to ECI and 
    non-ECI  under  Regulations  section  1.861-8  included  on  line  31  (attach
    statement) .    .         . . . . . . . .  . . .    .   . .   . .       . .  . .   34

35  Interbranch  expenses  per  books  and  records  included  on  line  31  and  not 
    included on line 32b (attach statement)  . . . .    .   . .   . .       . .  . .   35

36  Add lines 32a through 35        . . . . .  . . .    .   . .   . .       . .  . . . .   . . . . . .        36

37  Deductible  expenses  on  books  and  records  allocated  and  apportioned  to  ECI  or  non-ECI  under 
    Regulations section 1.861-8. Subtract line 36 from line 31  . . .       . .  . . . .   . . . . . .        37
    Reconciliation  of  allocation  and  apportionment  of  deductible                 (a)           (b)              (c) 
    expenses  to  ECI  and  non-ECI  on  books  and  records  under                ECI Amounts   Non-ECI Amounts Total: Add columns 
    Regulations section 1.861-8 (from line 37)                                                                        (a) and (b)

38a Derivative transaction deductible expenses definitely related to ECI 
    or non-ECI under Regulations section 1.861-8 (from line 37)  .  .         38a

b   Other  deductible  expenses  definitely  related  to  ECI  or  non-ECI 
    (from line 37)  .         . . . . . . . .  . . .    .   . .   . .         38b

39  Total  deductible  expenses  definitely  related  to  ECI  or  non-ECI. 
    Add lines 38a and 38b         . . . . . .  . . .    .   . .   . .         39

40  Other  deductible  expenses  on  books  and  records  not  definitely 
    related to ECI or non-ECI that are allocated and apportioned to 
    ECI and non-ECI (from line 37)  .   . . .  . . .    .   . .   . .         40
41  Total  deductible  expenses  on  books  and  records  allocated  and 
    apportioned to ECI and non-ECI. Add lines 39 and 40. Column (c) 
    must equal line 37  .       . . . . . . .  . . .    .   . .   . .         41
    Note: Line 41, column (a) is the total of the deductions reported on Form 1120-F, Section II, lines 12, 13, 14, 16, 17, 19 through
    24, and 27.
                                                                                                     Schedule H (Form 1120-F) 2024