U.S. Taxpayers with Foreign Affiliates Have An Extra Reporting Requirement in 2025 by Jairan Shirazi
Posted on March 27, 2025 by Jairan Shirazi
U.S. persons, businesses, trusts and estates with 10 percent or more ownership interest or voting control over a foreign business enterprise in fiscal year 2024 have a quinquennial requirement to file a Bureau of Economic Analysis (BEA) Forms BE-10 by May 30 or June 30, 2025, depending on the number of forms they must file. […]