As businesses and individuals increasingly operate on a global scale, understanding and meeting international tax transparency requirements is essential. This webinar provides an in-depth look at critical informational returns including Forms 5471, 5472, 8865, 8804, and 8805, and Schedules K-2 and K-3.

By attending this webinar, tax professionals, business owners, and finance teams will gain tips and strategies to stay ahead in the world of international tax compliance. Participants will learn to navigate these reporting obligations effectively, avoid penalties, and maintain compliance with ever-changing global tax regulations. 

Learning Objectives:

• Identify the purpose, requirements, and best practices for accurately preparing and filing Forms 5471, 5472, 8865, 8804, and 8805, and Schedules K-2 and K-3


• Outline how Schedules K-2 and K-3 address income sourcing and allocation for international partnerships


• Define specific reporting obligations for foreign-owned entities, partnerships, and controlled foreign corporations


• Evaluate strategies for effectively managing complexities in the cross-border tax landscape