Screen a company for U.S. tax residence as a domestic corporation
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Record where the company was created or organized, and under which country's or state's law. Do not apply a central-management test unless a page you open states one.
- What the lawyer must review
- 26 U.S.C. § 7701 says that domestic, when applied to a corporation or a partnership, means created or organized in the United States or under the law of the United States or of any State. The IRS classification page lists a domestic corporation as a United States person, and a foreign corporation as a foreign person. The same IRS page says some business entities are automatically classified as corporations and others may elect classification on Form 8832. It does not state an Australian-style central management and control test for company residence.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Consider narrowly defined preparation support after confirming the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.