TaxGuided
All glossary terms

Glossary term

Foreign-Owned U.S. Disregarded Entity

A U.S. disregarded entity owned directly or indirectly by a foreign person and subject to special reporting rules.

Related terms

2

Jurisdictions

us

Definition

A foreign-owned U.S. disregarded entity is usually the structure sitting behind many Form 5472 compliance failures. Even when the entity is disregarded for income-tax classification purposes, it can still face separate information-reporting and recordkeeping obligations because of its foreign ownership.

Examples

  • A single-member U.S. LLC owned by a non-U.S. person can be a foreign-owned U.S. disregarded entity.
  • Zero operating revenue does not automatically eliminate the Form 5472 risk for this type of entity.

Translations

ESentidad estadounidense ignorada de propiedad extranjera
ZH外国人拥有的美国被忽略实体

Citations

Instructions for Form 5472 · Reporting corporations and foreign-owned U.S. DEs

Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.