Form 5471 vs. Form 5472: Which Form Do You Need to File?
Form 5471 reports a US person’s ownership stake in a foreign corporation. Form 5472 reports transactions between a US company and its foreign owners, and most American expats who personally own part of a foreign business need to file Form 5471, not Form 5472. Form 5471 and Form 5472 are two of the most […]
