3 ms·
For foreign owned companies there are a myriad of complex reporting requirements a US person would never see. Despite not even being a tax form some of these (
by slededit 9y ago
For foreign owned companies there are a myriad of complex reporting requirements a US person would never see.
Despite not even being a tax form some of these (e.g. FBAR) have penalties of 50% of the unreported amount. It's not something you want to leave to chance.