Protect your company from complicated litigation. Understand Form 5472, how to prepare it, and how to make your filing 'audit proof'.
Protect your company from complicated litigation. Understand Form 5472, how to prepare it, and how to make your filing ‘audit proof'. As more foreign companies view the U.S. market as a fertile market, they will form U.S. subsidiaries to grow their U.S. operations.
Whether you are the U.S. subsidiary for a large, Dutch-based multinational company with subsidiaries all over the world or a small U.S. distributor of a Canadian parent, you will have to file IRS Form 5472 for every transaction with a related party. Although an information return, the Form 5472 is the place the IRS starts when auditing foreign-owned U.S. businesses.
As a result, the proper preparation of the Form 5472 will offer an opportunity to document your planning as well as make that planning audit proof. You will learn the law behind and the mechanics of how to prepare Form 5472. The enforcement policies of the IRS with respect to failure to file Form 5472 will also be addressed.
Learning Objectives:
- You will be able to define who is a reporting corporation for Part I.
- You will be able to describe what is a 25 percent foreign shareholder for Part II.
- You will be able to identify who is a related party for Part III.
- You will be able to discuss the nature and amount of intercompany transactions for Part IV.
This Live Webinar Covers These Hot Issues:
- Determining Who Is a Reporting Corporation for Part I
- Determining What Is a 25 Percent Foreign Shareholder for Part II
- Determining Who Is a Related Party for Part III
- Determining the Nature and Amount of Intercompany Transactions for Part IV
- A Primer on Transfer Pricing for Intercompany Transactions
- New Rules for LLCs
Credit Information (Sponsored by Lorman Education Services):
- CPE
- IAPP
- NASBA
For Detailed Credit Information page click here
Only registered attendee will receive continuing education credit.
Instructor Profile:
Robert J. Misey, Jr., Reinhart Boerner Van Deuren s.c.
- Chair of the International Department of Reinhart Boerner Van Deuren s.c.
- Listed in the Best Lawyers In America
- Admitted to the State Bar of California, Kentucky Bar Association, State Bar of Wisconsin and The District of Columbia Bar
- LL.M. degree, Geogetown University; J.D. and M.B.A. degrees, Vanderbilt University; B.A. degree, University of Kentucky
- Can be contacted at 312-207-5456, 414-298-8135 or rmisey@reinhartlaw.com
(Not available outside the US)