Featured Insight

C&M Shareholder Teresa Gordon will be participating in SelectUSA’s Select Global Women in Tech (SGWIT) Mentorship Network.

We are excited to announce that Clayton & McKervey has been awarded Centuro Global's Tax & Accounting Firm of the Year, announced at the INT-X Awards in London, England on May 25, 2022.

The US has some of the most complicated tax rules around the world. Minimizing the global effective tax rate while remaining compliant is always the goal for companies doing business globally. Here are some of the easy-to-miss complexities in US tax that business owners should know.  

With M&A activity soaring in the U.S., we have been involved in dozens of deals involving U.S. entities with Mexican subsidiaries. These types of businesses have become more attractive to potential buyers for many reasons: China vs. U.S. commercial war, increased freight costs, shipment delays, disruption and operational limitations due to COVID-19; especially for Asian companies.

NATO countries have banded together to impose historic sanctions on Russia for their invasion of Ukraine in a display of strength and unity. These sanctions mean that companies currently cannot send payments to Russian banks and trying to get around this can result in significant penalties. While it may seem straightforward, these sanctions have complicated the geopolitical landscape of making international deals that extends beyond the borders of just Ukraine and Russia.  

Capital gains made from the sale of personal property are generally associated with the residency of the person making the sale. Foreign investors will need to understand the status of their U.S. stock to predict their tax responsibilities when making deals to avoid any surprises on their tax bills.  Capital gains made from the sale of personal property are generally associated with the residency of the person making the sale. Foreign investors will need to understand the status of their U.S. stock to predict their tax responsibilities when making deals to avoid any surprises on their tax bills.  

Many start-up companies in the U.S. owned by foreign entities have trouble getting external funding in the early stages of growth. It is typical for these foreign-owned businesses to receive funding support from a parent company that will use a combination of equity and debt. It is important to understand the differences between equity vs. debt since the classification will have a direct tax impact on the tax returns of the U.S. company. 

Doing business globally requires knowledge of the benefits and requirements of income tax treaties between the countries on both sides of a cross-border transaction. Here is some advice to help you realize the maximum benefit from an applicable treaty and meet all related filings.

China’s strict foreign exchange control has been a common concern among many foreign investors. Understanding the common ways to repatriate profits from China and the pros and cons of each method will help foreign investors bring profits back to their home countries and avoid unpleasant surprises.

Companies interested in manufacturing in Mexico have two main options for their operations. They can operate on a standalone basis or use a shelter service company. We can help you evaluate which structure is best based on your company size, needs, complexity and other important considerations.