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Schedule P: Previously Taxed E&P of US Shareholders of a CFC on IRS Form 5471

The IRS Form 5471 is generally filed by U.S. persons that have an ownership interest or relationship with a controlled foreign corporation (CFC). The Schedule P is included to report the previously taxed earnings and profits of the controlled foreign corporation.

Jason Knott2024-07-05T12:23:22+00:00Tags: CFC, Controlled Foreign Corporation, Form 5471, Schedule M|

Schedule M: Transactions with Related Parties of a CFC on IRS Form 5471

The IRS Form 5471 is generally filed by U.S. persons that have an ownership interest or relationship with a controlled foreign corporation (CFC). The Schedule M is included with Form 5471 to report any transactions with related parties.

Jason Knott2024-07-05T12:56:07+00:00Tags: CFC, Controlled Foreign Corporation, Form 5471, Schedule M|

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