Preparing for Tax Reform Take-Off: 4 International Tax Impacts

When the Tax Reform plan was signed, the largest international tax reform since 1962 also achieved liftoff. Specifically, there are several major provisions in the new legislation that will have a large impact on this group of taxpayers. 1. Participation exemption For distributions made after December 31, 2017, domestic C-Corporation taxpayers will be allowed a [...]

2018-11-12T15:43:03-06:00February 16th, 2018|INTERNATIONAL TAX, TAX REFORM: BUSINESS TAX|

International Tax Disclosures: Where is the FBAR Set?

Additional Content in Series Back To The Basics Understanding the International Tax Language Why FATCA Isn't Just for Jet-Setters In today’s increasingly globalized economy, many people are surprised to find that they have a U.S. disclosure requirement on their foreign holdings. One such disclosure is the Financial Crimes Enforcement (FinCEN) [...]

2018-11-12T15:43:43-06:00November 26th, 2017|INTERNATIONAL TAX|

International Tax Disclosures: Why FATCA Isn’t Just for Jet-Setters

Additional Content in Series Back to The Basics Understanding the International Tax Language Where is the FBAR Set? In the first article in our international tax series, we discussed how the Panama Papers have reignited the secrecy versus disclosure debate of foreign affairs. While the Panama Papers may be a [...]

2018-11-12T15:43:47-06:00November 21st, 2017|INTERNATIONAL TAX|

Celebrating Your Independence by Working Abroad? Remember to Claim the Foreign Earned Income Exclusion

Independence. It has different meanings for different people. For some, it means the ability to live and work anywhere in the world. Taxpayers who have the opportunity to work or travel abroad this year may be so excited about their upcoming travels that income taxes are their last concern. But planning ahead can allow these [...]

2018-11-12T15:44:30-06:00June 22nd, 2017|INTERNATIONAL TAX, JULY 2017|

International Tax Disclosures: Understanding the International Tax Language

Additional Content in Series Back to Basics Where is the FBAR Set? Why FATCA Isn't Just for Jet-Setters Around the world of international business, the conversation about the use of shell companies has been ongoing. The perception of business or individuals that create international shell companies is that their purpose [...]

2018-11-12T15:46:50-06:00December 12th, 2016|FEBRUARY 2017, INTERNATIONAL TAX|

How the IRS Targets Multinational Companies Leaving Their Taxes “Out at Sea”

The IRS has issued much-anticipated final regulations intended to keep multinational companies from moving their profits offshore to avoid paying U.S. income taxes. The regulations are part of a larger campaign against corporate inversions, whereby a U.S. company merges with a foreign firm and then changes its tax address (i.e., domicile) to the foreign country. [...]

2018-11-12T15:46:56-06:00November 30th, 2016|INTERNATIONAL TAX|

How the EB-5 Visa Program “Powers Up” Business Projects

The EB-5 Visa Program allows foreigners who invest money in the U.S. to receive a green card if they meet certain criteria. Administered by U.S. Citizenship and Immigration Services (USCIS), this program also allows the investor’s spouse and unmarried children under 21 to receive a green card. The EB-5 Visa creates economic outlets not only [...]

2018-11-12T15:47:36-06:00July 28th, 2016|INTERNATIONAL TAX|