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. …

Form 5471 is an information return rather than a tax return, which means it typically doesn’t affect how much tax you have to pay. Rather, it gives the IRS information about which U.S. persons …

Generally, when a person files Form 5471, the form can be filed as one form per corporation to include all the US shareholders on that form. There are some limitations to using it by multiple …

Mar 29, 2024 · 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.

Apr 16, 2025 · This guide will break down the fundamentals of Form 5471, provide clarity on its filing requirements, and explain how Bloomberg Tax Workpapers can streamline the process …

Oct 25, 2022 · 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 …

Apr 30, 2025 · In this article, we’ll break down what Form 5471 is, who is required to file it, the penalties for non-compliance, and share tips to keep you on track with the IRS.

Jul 14, 2025 · If you're a U.S. citizen or resident and you have direct or indirect ownership in a foreign corporation, you may be required to file Form 5471. Issued by the IRS (Internal …

If item H on page 1 is completed, a separate Schedule I must be filed for each Category 4, 5a, or 5b filer for whom reporting is furnished on this Form 5471. This Schedule I is being completed for:

Apr 8, 2025 · This form is a cornerstone of international tax compliance, and while it’s not a tax return itself, failing to file it can cost you $10,000 or more in penalties. In this guide, we’ll …