Appendices

Appendices

United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States
Appendices
Flowchart for determining residency status

Copies of forms 1001, 1040, 1040NR, 1042, 1042S, 5471, 5472, 8300 and TD F 90-22.1
Appendix 2
Forms

1001- Ownership, Exemption, or Reduced Rate Certificate

1040 US Individual Income Tax Return

1040 NR- US Nonresident Alien Income Tax Return

1042 S-Annual Withholding Tax Return for US Source Income of Foreign Persons

1042-Annual Withholding Tax Return for US Source Income of Foreign Persons

5471-Information Return of US Persons With Respect to Certain Foreign corporations

5472-Information Return of a 25% Foreign Owned US Corporation or a Foreign Corporation Engaged in a US Trade or Business

8300-Report of Cash Payments Over $10,000 Received in a Trade or Business

TDF 90-22.1 Report of Foreign Bank and Financial Accounts

/GROCO
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IRS Extension 409A

IRS Extension 409A The IRS has issued Notice 2007-86 which delay the effective date of the Proposed Regs under Section 409A until January 1, 2009 and by generally extending earlier transitional relief. This provides taxpayers additional transitional relief to come into compliance with forthcoming final regs. Options granted before 2009 won’t be considered as violating…

ESOP Valuation Issues

ESOP Valuation Issues Q&A (Employee Stock Ownership Plan) Valuation Services Valuation Process Valuation Experience Sample Report Glossary of Terms ESOPs have become an effective tool in corporate finance and tax planning. Not only do they provide retirement benefits and incentives to employees but an ESOP can provide unique ways to transition company management in tax…

employee

Employee Ownership Update

Employee Ownership The following article appeared in the New York Times on May 21, 2006 and is one of the best articles about employee ownership that I have seen. It illustrates a few great examples of how employee ownership has helped companies achieve extraordinary success. These Workers Act Like Owners (Because They Are) By William…

FAMILY LIMITED

Family Limited

This FLP Alert is directed at clients and their advisors who have already established Family Limited Partnership irs (“FLP’s”) and those clients who are considering a partnership as part of their estate plan. With all the attacks the IRS has made on FLP’s over the past few years, culminating at the Strangi III decision in…