If you decide to start a business in the United States, you can organize the business without regard to the citizenship of the business owner and choose from a range
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The United States government is making a significant push for a corporate global minimum tax rate, which could introduce sweeping changes to international tax law for the first time in
At some point, many businesses face the decision on whether or not to become multinational. A multinational business has certain advantages that others might not, including locating different parts of
If your company is a foreign-owned U.S. subsidiary, you will be subject to specific reporting requirements with the IRS. If you don’t meet the reporting requirements, you might be subject
Multinational companies have unique tax situations, and one of the sets of rules that they are required to follow is Controlled Foreign Corporation regulations. A Controlled Foreign Corporation (CFC) is
Foreign-derived intangible income is any income that your company receives from exporting products tied to intangible assets like patents, trademarks and copyrights that are held in the US. The term
State and federal taxes are things that many business owners feel like they have a good grasp of, but foreign source income is much more complex. All countries tax the
As of this year, over 6.8 million Americans are living abroad. As U.S. citizens, each one is expected to pay international tax. Unfortunately for those millions of expats, living in
The United Nations panel on Financial Accountability, Transparency, and Integrity (FACTI) is putting together a report to be released in January 2021. This report proposes an international tax convention that
Most major corporations create separate subsidiaries for doing business in foreign countries. This tactic minimizes a parent company’s international taxes, among other financial benefits. Before looking at said benefits in