IRS Seeking Public Comment on Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations, and related schedules.

IRS said comments should address: whether the collection of information has practical utility; the accuracy of the agency’s estimates of the paperwork burden on taxpayers; ways to enhance the quality, utility, and clarity of the information to be collected; ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information.