The Form 5472 is filed with a proforma Form 1120 when a single-member disregarded LLC has a non-U.S. owner. This tutorial covers an example where the non-U.S. owner uses the LLC as an investment entity.
Form 5472 is filed by a U.S. corporation when its has foreign ownership or transactions with foreign related parties. Any cost sharing arrangements between the U.S. corporation and foreign party must be disclosed on the Form 5472.
Form 5472 is a required filing for any domestic LLC that is a disregarded entity and is owned by a non-U.S. person or entity. This article and video tutorial covers the filing requirements and sample Form 5472 with a proforma Form 1120.
