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Form A2

Form A2

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What is a W-9 tax form? What is a W-9 tax form?

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Video instructions and help with filling out and completing Form A2

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Instructions and help about Form A2

we'll be going over IRS form 8992 us shareholder calculation of global intangible low taxed income otherwise known as guilty if you've never heard of this tax form before uh that's because it's relatively new uh it was created by the Internal Revenue Service as a response to a major change in the tax law from the tax cuts and jobs Act of 2017 basically uh U us residents or US citizens that are shareholders of foreign corporations must file this form uh if if they uh own a partial interest in a controlled foreign corporation as defined by the tax code so a controlled foreign corporation is a foreign foreign company uh that is at least 50% owned by us shareholders either in terms of total uh shares outstanding or voting power so uh the intent was to um make sure that us owners of companies don't export those companies offshore uh to countries where they would pay lower tax so in order to kind of address that issue uh the the Internal Revenue Servic

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