IRS Releases its SOI Tax Stats on Controlled Foreign Corporations (CFCs)

The IRS has posted its tables entitled Controlled Foreign Corporations, Tax Year 2012, which consists of two new tables presenting data from Form 5471, Controlled Foreign Corporations, and Form 8858, Information Return of U.S. Persons With Respect to Foreign Disregarded Entities,which are now available on SOI’s Tax Stats Webpage.

The tables present data from the estimated population of returns filed for Tax Year 2012.

• One table presents number, assets, and earnings for controlled foreign corporations and their foreign disregarded entities classified by selected country of incorporation. and
• The other table displays number, assets, and earnings for controlled foreign corporations and their foreign disregarded entities classified by selected NAICS industrial sector.

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