A U.S. District Court held that it isn’t unconstitutional under a provision of the United States–Canada tax treaty for Canada to offset Canadian tax refunds against unpaid U.S. tax liabilities.
The U.S. District Court for the District of Columbia stated that “the arm of the U.S. tax man is long, but in this case it needed extend only over our northern border to find” the taxpayer. The court dismissed the expat’s case, finding that he’d failed on his claims for relief under the Eighth Amendment and both the Due Process and Equal Protection Clauses of the Fifth Amendment. (more…)
Shannon Fraser, from US Commercial Service – Silicon Valley and Jeff Deiss from the US Small Business Administration (SBA)-Office of International Trade, spoke at the ASL Emerging Business Group’s best practices seminar on, “The World Is Open For Your Business.” In this podcast, Shannon and Jeff shared some strategies on why and how to do business overseas.
Monique Nicolai and Rohit Tarkunde spoke at the ASL Emerging Business Group’s best practices seminar on, “Hitch Your Start-up to Global Resources”. In this podcast, the speakers shared their expertise on how a start-up should be aware of different types of regulatory and cultures in each country and to get help for developing the right relationships overseas.
Recently, one of my clients wanted to hire an employee in Europe and came to me for help. I reached out to a company that specializes in setting up operations in foreign locations, but found their cost to be extremely prohibitive for my client. This led me to reach out to our PKF International network, an association of independent accounting firms we’re a member of, which proved to be a successful solution for my client. With so many of the companies I work with already having established international operations, it seemed like…
It never ceases to amaze me how much I learn about current affairs through status updates, posts and comments on my various social networking sites. One such topic that piqued my interest was the recent nationwide strike in India, where traders across the nation shut down in protest of the government’s decision to further relax foreign direct investment (FDI) regulations. Under the proposed move…