International Tax »
In a global economy, multinational corporations confront numerous tax issues resulting from tax treaties and the U.S tax code. Gaining understanding of the anti-deferral tax provisions regarding, transfer pricing or structuring foreign investments of multinational corporations or expatriation and foreign asset reporting requirements for individuals. This focus center provides information for both corporations and individuals on international taxation.
Tech Gurus In Search of Greener Pastures
Steve Wozniak, one of Apple’s co-founders, reportedly wants to become an Australian citizen in order to move to the country and set up a nationwide broadband network. There are always tax implications related to
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The Open Championship, A Taxing Golf Tournament
With the British Open…er…The Open Championship getting underway yesterday, now is a good time to review the UK’s taxation rules on non-resident athletes. Not only will the golfers in this week’s tournament be liable
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US and Switzerland Reach Framework for FATCA Implementation
The United States and Switzerland, a country commonly known as a tax haven, issued a joint statement regarding the framework on the implementation of the Foreign Account Tax Compliance Act (FATCA). As part of
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Senators Looking to Punish Facebook Co-Founder Saverin for Expatriating
When the U.S. Treasury Department published it quarterly statement of individuals who were giving up their U.S citizenship and Eduardo Saverin, co-founder of Facebook, appeared the news quickly reported that Saverin was expatriating to
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The Double Irish and Dutch Sandwich
Top Takeaways 1: The Double Irish For the double Irish, a parent company sets up two companies in Ireland. One of these Irish companies will own the non-U.S. rights to intellectual property; however this
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Ways to Tax Foreign Income Earned by Foreign Subsidiaries
Multinationals earn income through foreign subs all over the world. The parent company is basically creating a separate legal entity in another country and earning that income in the foreign country. Countries are faced
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