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Does a capital contribution to an 1120 from a foreign owner
Does a capital contribution to an 1120 from a foreign owner get reported on Part IV line 12 of Form 5472 or line 25? I am getting confused as to whose point of view the form is talking about.… read more
ALEX O
ALEX O
Partner O & G Tax
Master's Degree
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I am a foriegn founder of Delaware C-corp with more than 25%
Hi, I am a foriegn founder of Delaware C-corp with more than 25% shareholding . Do i need to file form 5472 ? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
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With the new tax reform. we have several international
With the new tax reform. we have several international clients with corps. Whats the obligation for the form of 5472? if the client opened the business but has not invested any significant amount of m… read more
Rick
Rick
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I am about to finalize a C corporate tax return that is
Good morning, I am about to finalize a C corporate tax return that is owned by a foreign entity. I am not sure if I would need to fill out the form 5472 based on the fact that in the governmental inst… read more
taxmanrog
taxmanrog
Master's Degree
1,828 satisfied customers
Lane, I have a potential client that is interested that I
Good morning Lane, I have a potential client that is interested that I would provide him and the corporation services. He is the president of the corporation which in actually is owned by a parent com… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,217 satisfied customers
I have a question on 8938 Part III with regards to what is
I have a question on 8938 Part III with regards ***** ***** is required to be disclosed. Client has two disregarded entities in Russia which separate 8858's are part of return. Revenue and expenses fo… read more
taxmanrog
taxmanrog
Master's Degree
1,828 satisfied customers
Go back to the previous questions. Since currently the C
go back to the previous questions. Since currently the C corporation is owned by the Canadian personally (100%) how can I convert the ownership to a Canadian corporation so the wittholding rate is 5%.… read more
taxmanrog
taxmanrog
Master's Degree
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This year LLC with sole members owned by %25 or more by a
This year LLC with sole members owned by %25 or more by a foreign must file form 5472. Question: If a client has a Delaware LLC that doesnt even contains an EIN are we obligated to file for the EIN an… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,217 satisfied customers
My client wants to open a corporation where his partner is
my client wants to open a corporation where his partner is going to be a Indian citizen and never been to the US. in words he wants to a have a international partner. how can he issue stocks to someon… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,404 satisfied customers
I have a US Corporation, not an LLC or S corp. I am a non
I have a US Corporation, not an LLC or S corp. I am a non resident alien and the only officer of the corporation. Do I have to file form 5472 and if I do, do I need a Social to file this form? It is a… read more
Tax.appeal.168
Tax.appeal.168
Principal
6,685 satisfied customers
We plan to setup a c corp in Delaware with non resident
We plan to setup a c corp in Delaware with non resident owner If the owner is also an employee does his pay taxes in us or in Europe where he leaves? Also what is the tax rate if we issue dividends?… read more
taxmanrog
taxmanrog
Master's Degree
1,828 satisfied customers
We are a US c-corp with a non-us citizen investor who owns
We are a US c-corp with a non-us citizen investor who owns more than 25% of the company … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,217 satisfied customers
, I'm preparing to file form 1120 corporation which
Hi, I'm preparing to file form 1120 for my corporation which have more than one foreign shareholders with a stake higher than 25%. This may cause me to file form 5472. One of these exception not to fi… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,217 satisfied customers
Hello, we have a corporation with a 100% foreign ownership. We
Hello, we have a corporation with a 100% foreign ownership. We need to file form 5472 (I know that we are late...) I don't understand if I need to report the following types of transactions between th… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,404 satisfied customers
NON RESIDENT ALIEN, OFFICER OF A C-CORP This is a question
NON RESIDENT ALIEN, OFFICER OF A C-CORP This is a question where my CPA reply me, no you can't receive any money for your daily work...(no wage, no salary) He didn't provide me any reference supportin… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
17,217 satisfied customers
We have a company (C corp) started last year owned 98% by a
We have a company (C corp) started last year owned 98% by a Belorussian student using OPT so employment is legal. She invested about $1800 in startup costs, did not take any benefits- a salary, etc. f… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I am preparing form 5472 for 12/31/2012 form 1120F corp. Foreign
I am preparing form 5472 for 12/31/2012 form 1120F corp. Foreign shareholder is contributing additional $50,000 as paid in capital in 2012. Question is where do I report it on Form 5472, Part 1 line 1… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,404 satisfied customers
Hello Sir,Madam, My name isXXXXX am non-resident alien.I
Hello Sir,Madam, My name isXXXXX am non-resident alien.I found a company in NY before 2 years.Have 100 % of the voting shares.Now I see the form 5472 in my accounting software.What mean re-portable tr… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,404 satisfied customers
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