IRS Form 5471: Information Return For U.S. Persons With Respect To Certain Foreign Corporations

Webinar: ID# 1014396
Recorded CD
About This Course:
As more U.S. companies view global markets as a necessity to survive and to grow, more U.S. companies own foreign subsidiaries to conduct foreign operations.

Whether you are multinational with subsidiaries all over the globe or a closely-held business with a Canadian subsidiary, you will have to file IRS Form 5471 for every foreign corporation that you own.

Although an information return, the Form 5471 is the place the IRS starts when auditing U.S. businesses that own foreign corporations. As a result, the proper preparation of the Form 5471 will offer the opportunity to document your planning and avoid audit-related pitfalls.

In this live webinar, you will learn the law behind and the mechanics of how to prepare a Form 5471. New enforcement policies of the IRS with respect to failure to file Form 5471 will also be addressed.


  • Determining the Proper Category of the Filer Which Involves an Analysis of Subpart F Rules
  • Understanding the Currency Translation Rules for Schedules C, E and F
  • Determining Earnings and Profits for Schedules H and J
  • Determining the Nature and Amount of Intercompany Transactions, Which Must Be Properly Reported on Schedule M

Amy L. Barnes
  • Member of the Tax Practice of Reinhart Boerner Van Deuren s.c.
  • Advises on tax planning matters and negotiates with taxing authorities to resolve tax controversy matters
  • Analyzes alternatives for structuring tax-free acquisitions
  • Addresses executive compensation issues, including parachute payments and section 409A compliance
  • J.D. degree, magna cum laude, Marquette University Law School; B.B.A. degree in finance and real estate, with distinction, University of Wisconsin-Madison
IRS Form 5471: Information Return For U.S. Persons With Respect To Certain Foreign Corporations
Available on CD format
Share This:
About Us Privacy Guarantee Affiliate List Your Courses Contact Us My Account 5755 North Point Parkway, Suite 227 | Alpharetta, GA 30022 | 770-410-1219 |
Copyright 2018 | Web Site Development by OTAU