FREE INTERNATIONAL TAX TOOL

International tax reporting review for foreign businesses and investments

Answer six non-sensitive yes-or-no questions to identify Forms 5471, 8858, 8621, or foreign-company BOI reporting areas that may warrant a professional review. This tool does not decide whether any filing is required.

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START THE REVIEW

Flag the reporting categories that may need a closer look

Use general categories only. Do not enter names, countries, ownership percentages, tax IDs, account information, identity documents, or confidential records.

During the year, did you serve as an officer or director of, or own any direct or indirect interest in, a company formed outside the United States?
Did you own a foreign single-owner entity or operate business activity through a branch outside the United States?
Did you own a foreign mutual fund, pooled investment, exchange-traded fund, investment company, or another interest in a company formed outside the United States?
Was a company formed under foreign-country law registered to do business in any U.S. state or Tribal jurisdiction?
For BOI purposes, was the business created only under the law of a U.S. state or Tribal jurisdiction rather than under foreign-country law?
Did a prior U.S. return include, or should it be reviewed for, an international information form involving a foreign entity, branch, investment, account, or asset?

CURRENT BOI RULE

Domestic U.S.-created entities are currently exempt

FinCEN currently exempts every entity created in the United States, and its beneficial owners, from BOI reporting. Current BOI reporting is limited to certain entities formed under foreign-country law that register to do business in a U.S. state or Tribal jurisdiction, unless an exemption applies.

The tool flags a foreign-company BOI question only for review. It does not determine formation law, registration status, an exemption, reportable people, or a deadline.

PRIMARY GUIDANCE

Sources and scope

Reviewed August 3, 2026 by Stefano Tavella, CPA. IRS forms and FinCEN rules can change; use current official instructions and your complete facts.