If so, you are required to file Form 5471. Also known as the Information Return of US Persons with Respect to Certain Foreign Corporations, this form must be submitted by US citizens or residents who have ownership or a stake in foreign companies.
Since US taxation is citizen-based, all citizens must report their global income and business interests accurately. At Tax and Rest, we have the expertise to handle Form 5471 filings efficiently, no matter your business type or overseas location. Let us take care of your compliance so you can focus on growing your international ventures.