What's the Difference between Foreign Investment Income reporting Form 5471 and Form 5472?
Автор: Anil Melwani, NYC & FL Tax Expert, 212Tax
Загружено: 2022-01-28
Просмотров: 430
Описание:
Want the 7 Ways High Income earners eliminate taxes that your CPA with never tell you?
Click here to download the checklist https://consult.212tax.com/7taxsaving... CPA Anil Melwani answers the question, "What's the difference between Foreign Investment Income reporting Form 5471 and Form 5472?" Both Forms 5471 and 5472 can get pretty complicated and technical but you want to make sure that if you have any foreign relationships, you inform your accountant. The minimum penalty for Form 5471 is $10,000 while the minimum for Form 5472 is $25,000. The main difference between the two is the percentage of which you own a foreign entity or how much business you do with a foreign business.
If you want to learn more, go to 212tax.com or call us at (646) 374-2009.
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке:
