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IRS & compliance · Sep 19, 2026

Form 5471 and China Company Equity: CFC / 10% U.S. Shareholder, and the $10k-per-Year Late-Filing Risk (Cary/RTP Founders)

U.S. persons with China company equity may need Form 5471. CFC and 10% U.S.-shareholder tests are common triggers; §6038 penalties often start at $10k per corp per year. Cary/RTP founder compliance notes.

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