U.S. International Tax Compliance Guide

The U.S. International Tax Compliance Guide provides concise answers focusing on how to comply with an ever-expanding set of complex tax rules and forms needed by practitioners for both inbound and outbound transactions. The Guide includes explanations, practice aids, and filled-in forms. I. Overview: Identifying the Taxpayer and Relevant Forms II. Information Returns A. Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations B. Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business C. Form 3520, Annual Return To Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts D. Form 3520-A, Annual Information Return of Foreign Trust with a U.S. Owner E. Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships F. Form 8938, Statement of Foreign Financial Assets G. FinCEN Report 114, Report of Foreign Bank and Financial Accounts III. Tax Returns A. Form 1120-F, U.S. Income Tax Return of a Foreign Corporation B. Form 1040-NR, U.S. Nonresident Alien Income Tax Return C. Form 8854, Initial and Annual Expatriation Statement D. Form 2555, Foreign Earned Income F. Form 1118, Foreign Tax Credit - Corporations G. Form 1116, Foreign Tax Credit (Individual, Estate, or Trust) H. Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding I. Form W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding J. Form W-8BEN-E, Certificate of Entities Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities) K. Form W-8CE, Notice of Expatriation and Waiver of Treaty Benefits L. Form W-8ECI, Certificate of Foreign Person's Claim That Income Is Effectively Connected With the Conduct of a Trade or Business in the United States M. Form W-8EXP, Certificate of Foreign Government or Other Foreign Organization for United States Tax Withholding and Reporting N. Form W-8IMY, Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U.S. Branches for United States Tax Withholding and Reporting IV. Practice Aids and Tools V. Topical Index