Tax compliance for US owners of foreign corporations
Form 5471, GILTI, Subpart F, and CFC reporting — handled by specialists who do this every day.
Complete foreign corporation tax service
Form 5471 preparation & filing
Form 5471 is one of the most complex IRS forms, and the penalties for getting it wrong are steep — $10,000 per form, per year. We prepare and file your informational returns accurately, covering all required schedules and ensuring full compliance with US reporting obligations.
GILTI & Subpart F compliance
We calculate your Global Intangible Low-Taxed Income (GILTI) inclusion and identify Subpart F income that must be reported on your personal return — even if you haven't taken a distribution from your foreign corporation.
CFC structuring & tax planning
Own a Controlled Foreign Corporation? We help you structure operations to minimize GILTI and Subpart F exposure, optimize foreign tax credits, and align your business setup with both US tax law and your operational needs.
“Their team isn't just about filling out forms—they are true partners who genuinely care about their clients' success.”
How we work with you
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Connect, your way
Connect with us in your preferred way – through a video call or by just answering a few questions. We'll assess your situation and come up with a clear plan.
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Meet your specialist
We match you with a dedicated expat tax expert who knows your situation and provides ongoing support throughout the year.
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File with confidence and ease
We tackle the complex calculations, forms, and optimizations. We submit everything to the IRS and states as needed, then track your refund or payment status.
Own a foreign corporation? Let's get your US tax right.
Get expert guidance on Form 5471, GILTI, Subpart F, and ongoing compliance for your foreign business.
Frequently asked questions
Form 5471 is an informational return required by the IRS for US persons who are officers, directors, or shareholders of certain foreign corporations. If you own 10% or more of a foreign corporation, you almost certainly need to file. Failure to file can result in penalties of $10,000 per form, per year.
GILTI (Global Intangible Low-Taxed Income) is a US tax provision that requires US shareholders of Controlled Foreign Corporations (CFCs) to include certain income of the foreign corporation on their personal US tax return, even if that income hasn't been distributed. We help you calculate your GILTI inclusion and identify strategies to minimize the impact.
Subpart F income includes certain types of passive and mobile income earned by a Controlled Foreign Corporation (CFC), such as interest, dividends, rents, and royalties. This income is taxed to US shareholders in the year it is earned by the CFC, regardless of whether it is distributed. Proper planning can help minimize Subpart F exposure.
The IRS imposes a $10,000 penalty for each Form 5471 that is filed late or incomplete. If you do not file within 90 days of an IRS notice, an additional $10,000 penalty applies for each 30-day period, up to a maximum of $60,000 per return. If you have unfiled returns, we can help you get back into compliance.
A CFC is a foreign corporation where US shareholders (each owning 10% or more) collectively own more than 50% of the total voting power or value. If your foreign company qualifies as a CFC, it triggers additional US reporting requirements including Form 5471, GILTI calculations, and Subpart F income reporting.
Yes. Through proper planning, we can help you structure your foreign operations to minimize GILTI and Subpart F exposure, optimize the use of foreign tax credits, and ensure your business structure aligns with both your operational needs and US tax obligations. Our team works with you year-round to adapt to changing tax laws.
Still have questions? Get in touch by your preferred contact method to get expert guidance.