Single-member LLC, one non-US owner
Usually files Form 5472 with a pro-forma Form 1120 when it had reportable transactions with its owner.
What this means
A single-member LLC owned by one person is a disregarded entity for US tax. When it is foreign-owned, the IRS treats it as a corporation only for Form 5472 reporting, and the form is attached to a pro-forma Form 1120.
