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zenjk
Aug 24, 2011, 08:14 AM
Hello All,
I have a question related to Form 5471 filling and hope that the experts here will be able to help me.

We started a offshore dev center in India in 2006 with local initial capital investment. In 2009 the US company wired the investment to buy 70% stake in the India company. For various reasons, the India company reflected the investment to the RBI and Ministry of company affairs in 2011 and that's when the share certificate was provided to the US company.

The question:
When should the US company file the Form 5471? 2009 year end or 2011 year end?

Thanks in advance

AtlantaTaxExpert
Aug 25, 2011, 02:00 PM
This is a very technical question which would require some research to answer properly.

I for one would NOT be willing to do that research without compensation. Sorry!

MukatA
Aug 26, 2011, 04:34 AM
Form 5471 is filed alongwith the tax return.