Form 1120-F

Form 1120-F is a U.S. tax document used by foreign corporations to report their income, gains, losses, deductions, and credits related to their U.S. operations. It ensures these entities pay the required federal taxes on income earned in the United States. The form includes sections for detailing income sources, expenses, and tax liabilities. Foreign corporations must file this form even if they didn't have taxable income, to comply with U.S. tax laws and avoid penalties. Essentially, it's how foreign businesses inform the IRS about their financial activities within the U.S. during a tax year.