New
Form 5472 Repititive Owership Information and Group Structure Attachment
For Form 5472, ownership information should be a separate tab, and in the related party transaction information screen there should be dropdown of which owner information do you want to use.
Currently all form 5472s require inputs of direct and indirect foreign shareholders which is repititive for most use cases.
Also many instances would require foreign owned companies to upload a group structure with their 5472 filing. A checkbox should be provided if this is required and then include a diagnostic to upload an attachment with the structure so it is not missed out.
