For the latest information about developments related to Form 5471, its schedules, and its instructions, such as legislation enacted after they were published, go to www.irs.gov/form5471.
Line 1(b)(2) is used to request the reference ID number of the foreign corporation. See the instructions for line 1b(2) for details.
Reference ID numbers are also requested on Schedules J, M, and O.
The American Taxpayer Relief Act of 2012 extended the temporary exceptions for certain “active financing income” from subpart F foreign personal holding company income, foreign base company services income, and insurance income. The exceptions now apply to tax years of foreign corporations beginning after December 31, 1998, and before January 1, 2014, and to tax years of U.S. shareholders with or within which any such tax years of foreign corporations end. For more information, see the instructions for Worksheet A beginning on page 8.
The American Taxpayer Relief Act of 2012 extended the look-through rule of section 954(c)(6). The rule now applies to tax years of foreign corporations beginning after December 31, 2005, and before January 1, 2014, and to tax years of U.S. shareholders with or within which such tax years of the foreign corporations end. Continue to exclude the applicable types of income specified in section 954(c)(6) from Worksheet A, line 1a for the time period specified in the previous sentence.
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