For 2023 Form 5472 Example 1: [ Ссылка ]
For 2023 Form 5472 Example 2: [ Ссылка ]
For 2023 Form 1040NR: [ Ссылка ]

Every foreign-owned disregarded U.S. LLC must file a Form 5472 with a proforma Form 1120 every tax year. However, it is not always so simple. The topics covered in this video are the following:

1. Who needs to file Form 5472.
2. What is a U.S. Trade or Business (USTOB) and how does that change the filing requirements?
3. When might your LLC be subject to U.S. taxes?
4. Example of Form 5472 with proforma Form 1120.

WARNING: Failure to properly identify whether a USTOB exists can result in massive tax consequences and penalties. Always consult an international tax advisor before completing your Form 5472.

What is Reportable Transaction: [ Ссылка ]
Cost Sharing Arrangements: [ Ссылка ]
Do I Need Form 1040-NR: [ Ссылка ]

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DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials.

#Form5472 #IRS #ForeignOwnedLLC

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