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CA/PL 19/99 Orig.: German Munich, 10.06.1999SUBJECT:Revision of the EPC: Articles 121 and 122 DRAWN UP BY:President of the European Patent OfficeADDRESSEES:Committee on Patent Law (for opinion) SUMMARYThis
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What is capl 1999?
Capl 1999 stands for Controlled Foreign Corporation (CFC) And Passive Foreign Investment Company (PFIC) Annual Information Return.
Who is required to file capl 1999?
U.S. persons who meet the criteria for owning or having an interest in a CFC or PFIC are required to file capl 1999.
How to fill out capl 1999?
Capl 1999 can be filled out using the IRS Form 5471 for CFC information and IRS Form 8621 for PFIC information. Specific instructions for each form must be followed.
What is the purpose of capl 1999?
The purpose of capl 1999 is to inform the IRS about the ownership or interest in a CFC or PFIC by U.S. persons and report the necessary financial information.
What information must be reported on capl 1999?
Capl 1999 requires information about the CFC or PFIC, its income, assets, and other financial details as specified in IRS Form 5471 and IRS Form 8621.
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