Form BE-10 is a mandatory form administered by the U.S. Bureau of Economic Analysis (BEA) that must be filed every five years by U.S. persons that own, directly or indirectly, at least a 10% voting interest in a foreign corporation. The BE-10 filing obligation for tax year 2024 expires on May 30, 2025. Failure to comply may result in fines ranging from $5,911 to $59,114 per violation. The Willful non-compliance may result in criminal penalties of up to one year in prison.

This comprehensive 3-hour course is designed to train tax professionals, accountants, and advisors in properly complying with Form BE-10 requirements.

The session will cover key definitions, eligibility rules, reporting thresholds, form types (BE-10A, BE-10B, etc.), as well as the practical aspects of the filing process. A Step-by-step guide on how to correctly complete and submit the form, with practical examples and strategies to mitigate non-compliance risks.

Course Start Date: April 29, 2025