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Information about Form 5471, Information Return of U.S. Persons With Respect To Certain Foreign Corporations, including recent updates, related forms, and instructions on how to file. File Form 5471 to satisfy the reporting requirements of sections 6038 and 6046, and the related regulations.
Form 5471 (Rev. December 2023) Department of the Treasury Internal Revenue Service. Information Return of U.S. Persons With Respect to Certain Foreign Corporations. Go to . www.irs.gov/Form5471. for instructions and the latest information. Information furnished for the foreign corporation’s annual accounting period (tax year required by
Attach Form 5471 to your income tax return (or, if applicable, partnership or exempt organization return) and file both by the due date (including extensions) for that return.
Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations, is designed to report the activities of the foreign corporation and to function as a roadmap for the IRS on transfer pricing. Form 5471 requires information and details about the corporation's ownership, stock transactions, shareholder and company ...
Form 5471, officially called the Information Return of U.S. Persons with Respect to Certain Foreign Corporations, is an Information Statement (Information Return) (as opposed to a tax return) for certain U.S. taxpayers with an interest in certain foreign corporations.
A common international reporting requirement for many U.S. persons is IRS Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. Very generally, this ...
Failure to timely file a Form 5471 or Form 8865 is generally subject to a $10,000 penalty per information return, plus an additional $10,000 for each month the failure continues, beginning 90 days after the IRS notifies the taxpayer of the failure, up to a maximum of $60,000 per return.