SCHEDULE M-3                          Net Income (Loss) Reconciliation for Foreign                                  OMB No. 1545-0123
(Form 1120-F)                 Corporations With Reportable Assets of $10 Million or More
Department of the Treasury                               Attach to Form 1120-F. 
Internal Revenue Service          Go to www.irs.gov/Form1120F for instructions and the latest information.           2023
Name of corporation                                                                                        Employer identification number

A  Has the corporation reported taxable income on Form 1120-F, page 5, using a treaty provision to attribute 
   business profits to a U.S. permanent establishment under rules other than section 864(c)?  .    .       . .  . .  Yes No

B  Did  the  corporation  prepare  a  non-consolidated,  worldwide,  certified  audited  income  statement  for  the
   period (see instructions)?       .   . . . . . .      . .  . . . . . .       . . . .  . . .     .       . .  . .  Yes No

C  Did the corporation prepare a non-consolidated, worldwide income statement for the period (see instructions)?     Yes No

D  Did the corporation prepare certified audited income statement(s) for the set(s) of books reported on 
   Form 1120-F, Schedule L?  .          . . . . . .      . .  . . . . . .       . . . .  . . .     .       . .  . .  Yes No

Part I Financial Information and Net Income (Loss) Reconciliation (see instructions)

1  Is the corporation a foreign bank as defined in Regulations section 1.882-5(c)(4)?
       Yes. Complete the remainder of Part I as follows:
       If D is “Yes,” use the income statement described in D to complete lines 2 through 5 and 7 through 11.
       If D is “No,” use the income statement(s) for the set(s) of books reported on Form 1120-F, Schedule L
       to complete lines 2 through 5 and 7 through 11.
       No. Complete the remainder of Part I as follows:
       If B is “Yes,” use the income statement described in B to complete lines 2 through 11.
       If B is “No” and C is “Yes,” use the income statement described in C to complete lines 2 through 11.
       If B and C are “No” and D is “Yes,” use the income statement described in D to complete lines 2 through 11.
       If B, C, and D are “No,” use the income statement described in the instructions to complete lines 2 through 11.

2a Enter the income statement period: Beginning                       Ending
b  Has the corporation’s income statement been restated for the income statement period entered on line 2a?
       Yes. Attach an explanation and the amount of each item restated.
       No.
c  Has the corporation’s income statement been restated for any of the 5 income statement periods immediately 
   preceding the period on line 2a?
       Yes. Attach an explanation and the amount of each item restated.
       No.
3  Is any of the corporation’s stock publicly traded on any exchange, U.S. or foreign?
       Yes. List exchange(s) and symbol 
       No.

4  Non-consolidated  foreign  corporation  net  income  (loss)  in  U.S.  dollars  from  the  income  statement 
   source identified in line 1 .    .   . . . . . .      . .  . . . . . .       . . . .  . . .     .       . .    4 
5a Net income from includible disregarded foreign entities not included on line 4 (attach statement)  .      .    5a 
b  Net loss from includible disregarded foreign entities not included on line 4 (attach statement)  .      . .    5b (                          ) 
c  Net income from includible disregarded U.S. entities not included on line 4 (attach statement)  .       . .    5c 
d  Net loss from includible disregarded U.S. entities not included on line 4 (attach statement)  . .       . .    5d (                          ) 
6  Net income (loss) from foreign locations not included on line 4 (attach statement)  . . . .     .       . .    6 
7a Net income of non-includible entities (attach statement)     . . . . .       . . . .  . . .     .       . .    7a (                          ) 
b  Net loss of non-includible entities (attach statement)     . . . . . .       . . . .  . . .     .       . .    7b
8  Adjustments to intercompany transactions (attach statement)      . . .       . . . .  . . .     .       . .    8 
9  Adjustments to reconcile income statement period to tax year (attach statement)  .    . . .     .       . .    9 
10 Other adjustments to reconcile to amount on line 11 (attach statement)  .      . . .  . . .     .       . .    10 
11 Adjusted financial net income (loss) of non-consolidated foreign corporation.         Combine lines 4 
   through 10             . . . . . .   . . . . . .      . .  . . . . . .       . . . .  . . .     .       . .    11 
   Note: Part I, line 11, must equal Part II, line 28, column (a) or Schedule M-1, line 1 (see instructions).
For Paperwork Reduction Act Notice, see the Instructions              Cat. No. 39667H                        Schedule M-3 (Form 1120-F) 2023
for Form 1120-F.

Schedule M-3 (Form 1120-F) 2023                                                                                    Page 2 
Name of corporation                                                                        Employer identification number

Part II Reconciliation of Net Income (Loss) per Income Statement of Non-Consolidated Foreign Corporations With 
        Taxable Income per Return (see instructions)
                                                                                           (d)  
                                                 (a)               (b)         (c)         Other Permanent     (e) 
     Income (Loss) Items                         Income (Loss) per Temporary   Permanent   Differences         Income (Loss) 
                                                 Income Statement  Differences Differences for Allocations to  per Tax Return 
                                                                                           Non-ECI and ECI
1    Gross receipts .     . .   . .  .  .   .
2    Cost of goods sold (attach statement)  .
3a   Dividends from foreign entities  . .   .
b    Dividends from U.S. entities  . .  .   .
c    Substitute dividend payments received  
4a   Interest  income  excluding  interest 
     equivalents .    .   . .   . .  .  .   .
b    Substitute interest payments received
c    Interest equivalents not included on line 4b
5    Gross rental income  .     . .  .  .   .
6    Gross royalty income .     . .  .  .   .
7    Fee and commission income       .  .   .
8    Income  (loss)  from  equity  method 
     corporations  .      . .   . .  .  .   .
9    Net income (loss) from U.S. partnerships
10   Net  income  (loss)  from  certain  foreign 
     partnerships (see instructions)  . .   .
11   Net  income  (loss)  from  other  pass- 
     through entities (attach statement)  . .
12   Items relating to reportable transactions 
     (attach statement) .   .   . .  .  .   .
13   Hedging transactions .     . .  .  .   .
14a  Mark-to-market  income  (loss)  under 
     section 475(a)  .    . .   . .  .  .   .
b    Mark-to-market income (loss) subject to 
     section 475(d)(3)(B)   .   . .  .  .   .
c    Mark-to-market  income  (loss)  under 
     section 475(e)  .    . .   . .  .  .   .
d    Mark-to-market  income  (loss)  under 
     section 475(f)  .    . .   . .  .  .   .
15   Gain  (loss)  from  certain  section  988 
     transactions     .   . .   . .  .  .   .
16a  Interest  income  from  global  securities 
     dealing  .     . .   . .   . .  .  .   .
b    Dividends from global securities dealing 
c    Gains  (losses)  and  other  fixed  and 
     determinable,    annual,     or periodic 
     income  from  global  securities  dealing 
     not included on lines 16a and 16b  .   .
17   Sales  versus  lease  (for  sellers  and/or 
     lessors)  .    . .   . .   . .  .  .   .
18   Section 481(a) adjustments  .   .  .   .
 19  Unearned/deferred revenue  .    .  .   .
20   Original       issue discount,  imputed 
     interest, and phantom income  .    .   .
21a  Income  statement  gain/loss  on  sale, 
     exchange, abandonment, worthlessness,
     or other disposition of assets other than 
     inventory and pass-through entities .  .
b    Gross  capital  gains  from  Schedule  D,
     excluding  amounts  from  pass-through 
     entities  .    . .   . .   . .  .  .   .
                                                                                           Schedule M-3 (Form 1120-F) 2023

Schedule M-3 (Form 1120-F) 2023                                                                                              Page 3 
Name of corporation                                                                                                Employer identification number

Part II   Reconciliation of Net Income (Loss) per Income Statement of Non-Consolidated Foreign Corporations 
          With Taxable Income per Return (see instructions) (continued from page 2)
                                                                                                                   (d)  
                                                (a)               (b)         (c)         Other Permanent               (e)  
     Income (Loss) Items                        Income (Loss) per Temporary   Permanent   Differences                   Income (Loss)  
                                                Income Statement  Differences Differences for Allocations to            per Tax Return  
                                                                                          Non-ECI and ECI
21c  Gross  capital  losses  from  Schedule  D, 
     excluding  amounts  from  pass-through 
     entities,  abandonment  losses,  and 
     worthless stock losses  .       . . . .
d    Net  gain/loss  reported  on  Form  4797,
     line  17,  excluding  amounts  from 
     pass-through  entities,  abandonment 
     losses, and worthless stock losses .  .
e    Abandonment losses  .      .    . . . .
f    Worthless stock losses (attach statement) 
g    Other gain/loss on disposition of assets 
     other than inventory  .    .    . . . .
22   Capital loss limitation and carryforward 
     used  .        . . .  .    .    . . . .
23   Gross  effectively  connected  income  of 
     foreign  banks  from  books  that  do  not 
     give  rise         to      U.S.   booked 
     liabilities    . . .  .    .    . . . .
24   Other income       (loss)    items  with 
     differences (attach statement)  .   . .
25   Total  income  (loss)  items.     Combine 
     lines 1 through 24 .  .    .    . . . .
26   Total  expense/deduction  items     (from 
     Part III, line 33) .  .    .    . . . .
27   Other items with no differences  .  . .
28   Reconciliation totals. Combine lines 25 
     through 27  .    . .  .    .    . . . .
     Note: Line 28, column (a), must equal Part I, line 11, and column (e) must equal Form 1120-F, page 5, line 29.
Part III  Reconciliation of Net Income (Loss) per Income Statement of Non-Consolidated Foreign Corporations 
          With Taxable Income per Return (see instructions)
                                                                                                                   (d)  
                                                (a)               (b)         (c)         Other Permanent               (e)  
     Expense/Deduction Items                    Expense per       Temporary   Permanent   Differences                   Deduction per  
                                                Income Statement  Differences Differences for Allocations to            Tax Return  
                                                                                          Non-ECI and ECI
1    U.S. current income tax expense  .    .
 2   U.S. deferred income tax expense  .   .
3    Non-U.S.  current  income  tax  expense 
     (other than foreign withholding taxes)  .
4    Non-U.S.       deferred    income     tax 
     expense        . . .  .    .    . . . .
5    Non-U.S. withholding taxes  .     . . .
6    Compensation  with  section  162(m) 
     limitation     . . .  .    .    . . . .
7    Salaries and other base compensation
 8   Stock option expense       .    . . . .
 9   Other equity-based compensation  .    .
 10  Meals and entertainment .       . . . .
 11  Fines and penalties  .     .    . . . .
 12  Judgments,  damages,  awards,  and 
     similar costs    . .  .    .    . . . .
                                                                                                                   Schedule M-3 (Form 1120-F) 2023

Schedule M-3 (Form 1120-F) 2023                                                                                                     Page 4 
Name of corporation                                                                                        Employer identification number

Part III Reconciliation of Net Income (Loss) per Income Statement of Non-Consolidated Foreign  
         Corporations With Taxable Income per Return (see instructions) (continued from page 3)
                                                                                                           (d)  
                                                  (a)              (b)         (c)                         Other Permanent     (e)  
    Expense/Deduction Items                       Expense per      Temporary   Permanent                   Differences         Deduction per  
                                                  Income Statement Differences Differences                 for Allocations to  Tax Return  
                                                                                                           Non-ECI and ECI
13  Pension and profit-sharing  .      .    . .
 14 Other post-retirement benefits  .       . .
 15 Deferred compensation  .         . .    . .
16  Charitable contributions  .      . .    . .
17  Section  162(r)–FDIC  premiums  paid  by 
    certain  large  financial  institutions  (see 
    instructions)   .    .  .   .    . .    . .
18  Current         year    acquisition       or 
    reorganization       investment    banking 
    fees, legal and accounting fees  .      . .
19  Current  year  acquisition/reorganization 
    other costs .   .    .  .   .    . .    . .
20  Amortization/impairment of goodwill  .
21  Amortization            of       acquisition, 
    reorganization, and start-up costs  .     .
22  Other    amortization       or   impairment 
    write-offs  .   .    .  .   .    . .    . .
23  Depreciation  .      .  .   .    . .    . .
24  Bad debt expense        .   .    . .    . .
25  Purchase  versus  lease  (for  purchasers 
    and/or lessees)      .  .   .    . .    . .
26a Interest expense per books  .      .    . .
b   Interest  expense  under  Regulations 
    section 1.882-5 (from Schedule I (Form 
    1120-F), line 23)  .    .   .    . .    . .
c   Regulations  section  1.882-5  allocation 
    amount          subject to     deferral   or 
    disallowance  (from  Schedule  I  (Form 
    1120-F), line 24g)  .   .   .    . .    . .                                (                          )

d   Substitute interest payments       .    . .
e   Interest equivalents        (for   example, 
    guarantee fees) not included on line 26d 

27  Substitute dividend payments  .         . .
28  Fee and commission expense  .           . .
29  Rental expense       .  .   .    . .    . .
30  Royalty expense  .      .   .    . .    . .
31  Expenses        allocable   to   effectively 
    connected  income  under  Regulations 
    section  1.861-8  from  home  office  or 
    other books that do not give rise to U.S. 
    booked  liabilities  (from  Schedule    H 
    (Form 1120-F), line 20)     .    . .    . .
32  Other  expense/deduction  items  with 
    differences (attach statement)  .       . .
33  Total    expense/deduction           items. 
    Combine lines 1 through 32. Enter here 
    and on Part II, line 26 .   .    . .    . .
                                                                                                           Schedule M-3 (Form 1120-F) 2023