Deadline:
October 16, 2023
for e-filing
Deadline for this form has passed

Form 926

$

75

once annually

$

$

200

If you had upto
$
5000
in US entity expenses for the year

Form 926 reports property transfers to foreign corporations by C corporations.

Start Filing 926 ๐Ÿ“Check other Deadlines
Mandatory for

U.S. corporations acquiring 10% or more of a foreign corporation's voting power or value must file Form 926.

Penalties

The penalty amount is based on property value: $10,000 or 10%, whichever is higher.

Due date

Within 90 days of acquiring a substantial amount of stock or assets in a foreign corporation, a C Corporation must file Form 926.

Purpose of Form 926

Form 926 is vital for C corporations as it facilitates reporting property transfers to foreign corporations.

It enables the IRS to monitor and track C corporations' investments in foreign entities, ensuring adherence to tax laws.

Summary of USย BEAย Deadlines

Form

BE-10
Deadline:ย 
2025
BE-11
Deadline:ย 
May 31, 2023
BE-12
Deadline:ย 
June 30, 2023 for eFile
BE-13
Deadline:
Within 45 days of acquisition
BE-15
Deadline:ย 
2024

FAQs

Why is it essential for C corporations to file Form 926?

Filing Form 926 is crucial because it allows the IRS to monitor and track investments made by C corporations in foreign entities, ensuring compliance with tax laws.

Can C corporations electronically file Form 926?

C corporations can electronically file Form 926 through the IRS's Modernized e-File (MeF) system.

What is Form 926 used for by C corporations?

C corporations use Form 926 to report property transfers to foreign corporations.

Form 926 Foreign Investment for C Corps: A Guide

Attention all business owners and entrepreneurs! Are you aware of the upcoming BE-12 2023 Survey? If not, it's time to mark your calendars!

Read the blog ๐Ÿ“