U.S. persons, domestic corporations and domestic estates or trusts who exchange or transfer property to a foreign corporation must file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation,to report the transaction.
Required U.S. entities should make sure they file timely to avoid any potential failure to file penalties. They also must file Form 5471 in most situations with their annual income tax return.
2 comments:
Hi Don D. Nelson, Attorney, CPA, I’m out searching the web for the latest and greatest information on mybpbiz.com and found your great site. Although this post wasn’t specifically what I was looking for it definitely got my interest and attention. I see now why I found your interesting blog when I was looking for mybpbiz.com related information and I’m grateful I found your site even though its not a perfect match. Great Post, thanks for your informative site
Hello Don D. Nelson, Attorney, CPA, I’m out surfing the web for the latest information on 4e corp and noticed your nice site. Although this post wasn’t exactly what I was looking for it certainly got my attention. Now I see why I found your page when I was looking for 4e corp related information and I’m thrilled I found your web site even though its not a perfect match. Great Post, thanks for your informative site.
Post a Comment