Post-Election Insights Part 2: Potential Tax Impacts for Individuals

Another five years have slipped by and that means it is once again time to complete the BE-12, Benchmark Survey of Foreign Direct Investment in the United States. While the official forms have not been released, final rules amending existing regulations became effective October 31, 2022, describing changes to the information collected.

To the uninitiated, selling digital products and services can seem like a much easier business model than selling physical goods. While there may be advantages to skipping inventory and warehouse needs, the digital tax landscape can be tricky to navigate.