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INT 2 1 Bank Franchise Tax Schedule BF Form

INT 2 1 Bank Franchise Tax Schedule BF Form

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okay so for this video we're moving on to schedule b parts one and two of the five four seven one so as a reminder of the required information chart if we look back at this you can see here schedules b part one is schedule b part two when are these required well they're required when you have a cat one a filer one c or cat three four five a or five c you recall in our case our u.s person john he basically hits all of these right so he's the 1a 2 3 4 and 5a so he's he's got to do part one and part two of schedule b so the schedule is broken into two parts obviously part one covers the u.s shareholders of the foreign corporation right so who are ultimately going to be these u.s shareholders and then part two asks for the direct shareholders so direct so basically you're completing part two first right who is the direct owner of the stock in the foreign corporation so if we look back at our structure chart here remember here we have the uh o

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