Certain U.S. citizens and residents who are officers, directors, or shareholders in certain foreign corporations file Form 5471 and schedules to satisfy the reporting requirements of sections 6038 and 6046, and the related regulations.
Current Revision
Recent Developments
Clarification to 2023 Instructions for Form 5471 regarding new Schedule Q columns (xv) and (xvi) -- 23-MAY-2023
Schedules
Foreign corporation’s that file Form 5471 use this schedule, to report taxes paid, accrued, or deemed paid and to report taxes for which a credit may not be taken.
Foreign corporation’s that file Form 5471 use this schedule to report for each cost sharing arrangement in which the foreign corporation was a controlled during the tax year.
Foreign corporation’s that file Form 5471 use this schedule to report the current E&P for U.S. tax purposes.
Foreign corporation’s that file Form 5471 use this schedule to report information determined at the CFC level with respect to amounts used in the determination of income inclusions by U.S. shareholders.
Foreign corporation’s that file Form 5471 use this schedule to report a CFC’s accumulated E&P in its functional currency.
Foreign corporation’s that file Form 5471 use this schedule to report the transactions that occurred during the foreign corporation's annual accounting period ending with or within the U.S. person's tax year.
Foreign corporation’s that file Form 5471 use this schedule to report the organization or reorganization of a foreign corporation and the acquisition or disposition of its stock.
Foreign corporation’s that file Form 5471 use this schedule to report the PTEP in the U.S. shareholder’s annual PTEP accounts.
Foreign corporation’s that file Form 5471 use this schedule to report the CFC’s income, deductions, taxes, and assets by CFC income groups.
Foreign corporation’s that file Form 5471 use this schedule to report basic information pertaining to distributions from foreign corporations.