Instructions for IRS Form 5472 Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business

IRS Form 5472 Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business (Under Sections 6038a and 6038c of the Internal Revenue Code)

This document contains official instructions for IRS Form 5472 , Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 5472 is available for download through this link.

FAQ

Q: What is IRS Form 5472?A: IRS Form 5472 is an information return that must be filed by a 25% foreign-owned U.S. corporation or a foreign corporation engaged in a U.S. trade or business.

Q: Who needs to file IRS Form 5472?A: A 25% foreign-owned U.S. corporation or a foreign corporation engaged in a U.S. trade or business needs to file IRS Form 5472.

Q: What information is required on IRS Form 5472?A: IRS Form 5472 requires information about the foreign-owned U.S. corporation or foreign corporation, as well as information about its related parties and transactions with those parties.

Q: When is IRS Form 5472 due?A: IRS Form 5472 is generally due on the same date as the income tax return of the foreign-owned U.S. corporation or foreign corporation, including extensions.

Q: What are the consequences of not filing IRS Form 5472?A: Failure to file IRS Form 5472 or filing an incomplete or inaccurate form can result in penalties and potential legal issues with the IRS.