Figures Journal

The India-US Journal

Guidance on U.S. company setup, tax compliance and India-US structuring for Indian founders, from Figures Advisors.

The IRS Just Clarified Form 5472 Penalty Relief — Here's What CCA 202617012 Means for Founders

The IRS finally spelled out when small foreign-owned companies can escape the $25,000 Form 5472 penalty. A plain-English breakdown of CCA 202617012 and the four tests that decide it.

Figures Advisors · June 24, 2026Read article