Do you understand that Foreign-owned LLC'' s must file Internal Revenue Service Form 5472?
< iframe width="480" height="320" src="https://www.youtube.com/embed/AowSZAmKTeM?rel=0" frameborder="0" allowfullscreen >< img design="float: left; margin:0 5px 5px 0;" src="https://ustaxreview.org/wp-content/uploads/2021/05/x79yWA.jpg"/ > Non-US owners of an US LLC need to file Kind 5472 with the IRS or potentially face huge penalties.Find out more at https://onlinetaxman.com/who-must-file-irs-form-5472/In his Q&A series Vincenzo Villamena, CPA and owner of Online Taxman, answers common concerns about expat taxes for people and business owners. Follow our channel for the newest updates: https://www.youtube.com/channel/UCh0VjGWWS_fMx3E_97baeQQ