Controlled Foreign Corporation (CFC) Reporting Form

Streamline Your CFC Reporting with Paperform

Managing controlled foreign corporation (CFC) reporting requirements under U.S. tax law can be complex and time-consuming. This Controlled Foreign Corporation Reporting Form template helps accounting firms, tax professionals, and multinational corporations efficiently gather critical information needed for Subpart F income calculations, Global Intangible Low-Taxed Income (GILTI) inclusions, and foreign tax credit allocations.

Built for Tax Professionals and Corporate Finance Teams

Whether you're a CPA firm managing multiple clients with foreign subsidiaries, an in-house tax team at a multinational corporation, or a tax consultant specializing in international taxation, this template provides a structured workflow for collecting all necessary CFC information in one place. The form systematically captures entity details, ownership structure, income classifications, foreign tax payments, and allocation data required for Forms 5471, 8992, and 1118.

Automate Your CFC Compliance Workflow

This template integrates seamlessly with Paperform's calculation engine to automatically compute key metrics like Subpart F income totals and GILTI tested income. Once submitted, you can use Stepper (stepper.io) to automate your downstream workflow—automatically route submissions to the appropriate tax preparer, update your client management system, generate engagement letters via Papersign (papersign.com) for signature, and set reminders for quarterly estimated tax adjustments. This end-to-end automation reduces manual data entry errors and ensures timely compliance with international tax reporting deadlines.

Professional, Secure, and Compliant

Built on Paperform's SOC 2 Type II compliant platform, this template ensures your sensitive financial and tax data remains secure. The form can be customized with your firm's branding, embedded on your website, or shared directly with clients via secure link. With conditional logic built in, the form adapts based on the type of CFC structure and income streams involved, showing only relevant fields to simplify the user experience.

Start collecting accurate CFC data today and transform your international tax compliance process from scattered spreadsheets into a streamlined, automated workflow.