When a domestic company begins operations in another country, its tax picture grows dramatically more complicated. If an international expansion is part of your company’s growth strategy, your financial management and tax teams will need to make a number of critical tax-related decisions in addition to the many strategic, competitive, and financial considerations your company already must address.
Here are seven important tax-related variables that will affect when, where, how, and even whether you launch overseas operations. While these are by no means the only issues you must consider, your answers to these questions will drive much of your future decision-making. (more…)
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.
