Form 5472 Extension - Information about form 5472, including recent updates, related forms, and instructions on how to file. A failure to timely file a form 5472 is subject to a $25,000 penalty per information return, plus an additional $25,000 for each. Understanding foreign ownership reporting requirements can be confusing for many businesses. Form 5472 should be used to provide information required under sections 6038a and 6038c when. Published on 26 december 2023. So, if you need an extension for filing form 5472, you must apply for an extension for filing your income tax return.
A failure to timely file a form 5472 is subject to a $25,000 penalty per information return, plus an additional $25,000 for each. Understanding foreign ownership reporting requirements can be confusing for many businesses. So, if you need an extension for filing form 5472, you must apply for an extension for filing your income tax return. Published on 26 december 2023. Information about form 5472, including recent updates, related forms, and instructions on how to file. Form 5472 should be used to provide information required under sections 6038a and 6038c when.