Foreign Taxes Paid Table
Regulated Investment Companies ("RICs") that invest in foreign securities can elect to pass credit for taxes paid to foreign governments on to their shareholders. This permits you to take a federal income tax credit or a deduction from gross income at your option, for foreign taxes paid by your fund. Your proportionate share of the foreign taxes paid by your fund is shown in Box 6 of Form 1099-DIV. Since foreign taxes are treated as gross income, this amount is also included in Box 1.
Please Note: As a result of a recent Treasury decision, country-by-country reporting of income is no longer required on RIC distributions.
The table summarizes the Foreign Source Income and Taxes Paid on the following Oppenheimer funds. The information is provided to help you calculate your foreign tax credit if you are required to file IRS Form 1116. Please refer to the IRS instructions for Form 1116 for more information.
Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.
Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com, or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.
Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc.
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