Foreign Owners of Domestic Corporations and Preparing Form 5472 Webinar
Mar 12 3:00 - 4:00 p.m.
Online
1-Tax CPE Credits
Identify the Form 5472 filing requirements.Recognize what attribution rules apply and common situations in which Form 5472 is required because of attribution rules.Apply attribution rule concepts to prepare Form 5472.Recognize when a foreign corporation is engaged in a U.S. trade or business. Highlights
Form 5472 filing requirements apply to foreign-owned domestic corporations and domestic disregarded entities, as well as foreign corporations engaged in a U.S. trade or business. Complex attribution rules mean that identifying the reporting requirements can be a difficult task, and the penalty risk is high. Learn how to identify when a Form 5472 is required, what types of attribution rules may apply and some of the major issues that need to be reported on Form 5472.
Registration
PICPA Member: $37 Nonmember: $50
More Information
Course No.
4203823A
Level:
Overview
Prerequisites:
None.
Notes
None
Speaker(s)
Philip Hodgen
California Society of CPAs
Philip D. W. Hodgen is the
principal attorney for Hodgen Law Group, which specializes in the
international tax arena. He earned his undergraduate degree from Claremont
McKenna College and his law degree from the School of Law at the
University of California, Los Angeles. He then went on to earn a Master of
Laws degree with a specialty in taxation from the University of San Diego
School of Law.Admitted
to the California bar in 1982, Mr. Hodgen spent nine years in law firms
and with a large U.S. bank before starting his own firm in 1991. For six
years of his youth, he lived in Rhodesia, South Africa and New
Zealand.Mr. Hodgen is
a past chair of the International Tax Committee of the State Bar of
California's Tax Section and was a member of the Executive Committee of
the State Bar of California's Tax Section for 2004-2007.Mr. Hodgen frequently speaks
on a variety of international tax, trust and estate topics to attorneys,
accountants, real estate professionals and other
groups.