Considering Expanding to Mexico? Keep an Eye on Duties and Taxes!
Posted by Carlos Calderon on September 23, 2019
Carlos Calderon
Taxes are a hot topic that should be discussed and planned early in an expansion decision due to the significant impacts on a business. In fact, the ideal time to consider taxes is the moment a cash flow projection is created and when the business structure and plan are outlined
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US Reporting of Foreign Subsidiaries
Posted by Sue Tuson and Teresa Gordon on August 28, 2019
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...
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Thinking of Expanding your Business Overseas?
Posted by Sue Tuson on July 18, 2019
Thinking of expanding your business overseas? The first question is usually, “What’s the best way to start? Should I set up an office immediately or use an independent contractor familiar with the country?”
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The New Foreign Investment Law
Posted by Nina Wang on July 16, 2019
In response to international criticism about China’s openness to foreign businesses and an attempt to attract more foreign investors to expand their businesses to China, the National People’s Congress passed the Foreign Investment Law of the People’s Republic of China (Foreign Investment Law) on March 15 2019, which will come into force on January 1, 2020.
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Where is the NAFTA Now?
Posted by Carlos Calderon on June 17, 2019
After Mexico, Canada and the USA officially signed the United States-Mexico-Canada Agreement (USMCA) in November 2018, many of us may have expected immediate action. Clearly, that was not the case! It is expected that this new agreement will bring more investment opportunities to promote the creation of jobs, effectively positioning North America as the most competitive region worldwide.
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Mandatory Government Survey—Survey of US Persons Service and IP Transactions with Foreign Persons
Posted by Sue Tuson on May 15, 2018
The US Department of Commerce Bureau of Economic Analysis (BEA) has issued a mandatory survey of select services and intellectual property transactions with foreign persons.
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Considering Doing Business in Mexico? Six Things to Know Before You Go
Posted by Tim Finerty and Carlos Calderon on March 13, 2018
There are six key issues to consider before a business expands to Mexico. It is strongly recommended to consult a tax and accounting advisor before doing business in Mexico to avoid penalties, fees and fines.
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Permanent Establishment in China
Posted by Tim Hilligoss and Nina Wang on March 13, 2018
In many cases, the owners of such foreign entities are not aware of PE concepts and as a result, the entities are subject to Chinese CIT liability.
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International Tax Provisions
Posted by Sarah Russell on December 22, 2017
As mentioned in our last two updates recapping changes in the individual and business tax provisions, legislation passed December 20, 2017 and is expected to …
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Cross-Border Taxation Update
Posted by Sue Tuson on May 25, 2017
The IRS announced 13 audit campaigns last March. Included in the campaign is an effort to increase voluntary compliance for Form 1120-F Non-Filers. Form …
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