Question

Which Treasury Regulation provides rules for foreign-owned U.S. corporations and foreign corporations engaged in a trade...

Which Treasury Regulation provides rules for foreign-owned U.S. corporations and foreign corporations engaged in a trade or business within the United States (reporting corporations)? What IRS form is a reporting corporation required to file that relates to reportable transactions with a related party?

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Answer #1

Solution:-

1. Which Treasury Regulation provides rules for foreign-owned U.S. corporations and foreign corporations engaged in a trade or business within the United States (reporting corporations):-

Section § 1.6038A-1 and § 1.6038A-2 through 1.6038A-7 provides rules for foreign-owned U.S. corporations and foreign corporations engaged in a trade or business within the United States (reporting corporations).

2. What IRS form is a reporting corporation required to file that relates to reportable transactions with a related party:-

Reporting corporation required to file IRS Form 5472, that relates to reportable transactions with a related party.

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