Triva isn't available right now.
Check out the support page for our phone number and hours
Solutions
-
Corporations
-
Governments
Success stories
-
A true competitive advantage
Law firm Zarin Baum’s embrace of generative AI as the natural next step in the evolution of legal work and their adoption of CoCounsel Legal has helped them achieve remarkable efficiency gains and improved client relationships.
-
Workflow transformation drives impact
Brinks, a global leader in secure logistics and security solutions, used CoCounsel to reimagine what was possible with AI tools, turning legal challenges into a competitive advantage.
-
The forefront of audit tech
A better auditing workflow solution was the answer to multiple challenges faced by The Mercadien Group. Find out how they achieved greater efficiency by embracing Cloud Audit Suite.
Questions? We are here to help.
Products
-
Tax, audit & accounting
Recommended products
-
CoCounsel Legal
Transform your work with the only AI legal solution uniting research, drafting, and document analysis in a single experience. Designed by legal experts and built on trusted content and advanced AI, CoCounsel Legal accelerates multistep work so you can better serve your clients and grow your business.
-
CoCounsel Tax
Transform your tax practice with CoCounsel Tax, an AI-powered assistant that combines trustworthy answers, automation, and firm knowledge into one seamless platform. Enhance efficiency, reduce risk, and improve client confidence with CoCounsel Tax.
-
CLEAR
Powerful software designed for law enforcement, compliance, risk, and fraud investigators. Conduct thorough investigations with ease using our intuitive online investigation software. Efficiently, prevent, detect, and solve crime.
Questions? We are here to help.
Purchase
Resources
-
Product training
-
Product communities
-
Developers
Highlights
-
2026 SKILLS Showcase
Join weekly sessions to experience in-depth demonstrations of the leading legal AI products while connecting with strategic law firm leaders in knowledge management, innovation, and AI.
-
Ghosts on the ledger
Payroll fraud is a major compliance risk. Learn how payroll analytics and AI-powered tools can help exorcise phantom employees and employers.
-
Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Screen 5471-2 - Other Information and Foreign Corporation Stock (1065)
Show all hidden content
Foreign Corporation Information (Continued)
Specified foreign corporation elections: No section 898(c)(1)(B) election
Enter
X
if no election under IRC section 898(c)(1)(B) can be made because the specified foreign corporation is a foreign personal holding company or no election is being made for a specified foreign corporation that is a controlled foreign corporation, but the specified foreign corporation is changing its first taxable year to conform to the required year. "Change in Taxable Year" prints at the top of Form 5471.Specified foreign corporation elections: Section 898(c)(1)(B) election with change in taxable year
Enter
X
if the election under IRC section 898(c)(1)(B) involves a change in the taxable year of the controlled foreign corporation. "Section 898(c)(1)(B) Election - Change in Taxable Year" prints at the top of Form 5471.Specified foreign corporation elections: Section 898(c)(1)(B) election no change in taxable year
Enter
X
if the election under IRC section 898(c)(1)(B) doesn't involve a change in the taxable year of the controlled foreign corporation. "Section 898(c)(1)(B) Election" prints at the top of Form 5471.Section 338(g) election made
Enter
X
if the election under IRC section 338(g) was made during the year. If you enter X
, Form 8883 should also be filed. Enter data for Form 8883 in the Non Calculating folder.Location of books and records, if different
Enter the location of the books and records of the foreign corporation if different from the address of the person with custody of the books and records. The application reports this information in a statement attached to Form 5471, Page 1, line 2d.