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State of New Mexico Office of the Secretary of State Ethics Administration 325 Don Gaspar Suite 300 Santa Fe, New Mexico 87503 (800) 4773632/(505) 8273600SECRETARY OF STATECampaign Reporting Act Report

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What is suite 965l?

Suite 965L refers to a specific form used for reporting the deferred foreign income of U.S. shareholders in controlled foreign corporations under the Internal Revenue Code.

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U.S. shareholders who have deferred foreign income as of the end of the tax year are required to file Suite 965L.

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To fill out Suite 965L, gather necessary financial information from controlled foreign corporations, follow the instructions provided with the form, and ensure all relevant income and deductions are accurately reported.

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The purpose of Suite 965L is to calculate and report the amounts of deferred foreign income that need to be recognized by U.S. shareholders.

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Information required on Suite 965L includes details of the foreign corporations, amounts of deferred income, and calculations related to taxes owed or credits available.

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