Posted by Teresa Gordon on May 5, 2020
The IRS has been busy, and this time, that is a good thing. Within the past couple weeks, they have released two Revenue Procedures (Rev. Proc.) and one frequently asked questions (FAQ) that explains how treatment of cross-border activities will change in light of the COVID-19 disruptions.
Posted by Teresa Gordon on April 29, 2020
While the PPP application, approval, and funding process have been challenging for everyone, foreign-owned subsidiaries based in the U.S. with U.S. employees continue to face additional challenges that their domestic counterparts did not encounter.
Posted by Teresa Gordon on October 31, 2019
European companies open branches in the United States for a host of reasons. For starters, the US gives these businesses a completely new base of customers; a chance to step out from the almost saturated European market and stand out from the crowd.
Posted by Teresa Gordon on July 2, 2019
International businesses expanding into the US, whether a manufacturer, distribution company or professional service firm, face similar challenges. Operational issues such as supply chain, vendor management and process or production optimization require close attention, as do human resources, sales and marketing.
Posted by Teresa Gordon on July 16, 2018
The 2018 SelectUSA Investment Summit highlights the focus of our Foreign Direct Investment (FDI) practice well, and I want to share a re-cap of the interest and activity at a national level.
Posted by Teresa Gordon on November 2, 2016
Is your company a foreign-owned U.S. subsidiary or a foreign company doing business in the U.S.? Are you a foreign individual living and working …
Posted by Teresa Gordon on February 11, 2015
For over thirty years, Clayton & McKervey, P.C. has helped foreign owned companies start up subsidiaries in the US by providing a …
The IRS continues to increase scrutiny of the reporting requirements applicable to foreign persons and U.S. companies with foreign transactions. It is important to fully understand these U.S. obligations because failure to report...