EFTA Document EFTA01366960

Amendment #4 Page 531 of 868 shin iif wo The branch income une item represents pee-tax intone or loss generated in foreign pass-though entees inclose?e of permanent differences, me plied by the U S statutory rate. Teis Ire item reflects me dale taxation of foreign income a loss which will occur as a resat of such ncorre or loss being street to tax bota in the foreign tunsilcton to which the entry relates as well as the U.S The U S statutory rate, rather elan me local foreign rate is tippe