India and U.S. Sharing Banking Information – New Agreement Signed
India’s banks and financial institutions will start sharing banking information with the U.S. tax authorities.
Business Law, International Law
Business Law
New Rule: Companies and Individuals With Foreign Affiliates Must File a BE-10 by 6/30!
The BE-10 is a Benchmark Survey of U.S. Direct Investment abroad that is conducted once every 5 years by the Bureau of Economic Analysis (BEA).
Tax Law
Ways U.S. Colleges and Universities Can Reduce Tax Liability and Risk Generated By Foreign Research and Study Abroad Programs
As economies globalize and more knowledge is being shared, institutions of higher education have had to globalize their learning and research programs as well, and they are learning, sometimes the hard way, that the rules they are so very familiar with in the U.S. do not apply outside of our borders.
Business Law
Forecasting Versus Predicting and Budgeting
When doing strategic planning it is vital to “run the numbers.” We run the numbers in all our tax structuring
Business Law, International Law
Transfer Pricing Study Should Not Be Your First Step
Many accounting firms, especially the “Big 4”, have been recommending multi-country transfer pricing reports to reduce tax risk from Base Erosion and Profit Shifting (“BEPS”) laws which most, OECD (Organization for Economic Co-operation and Development), G-20 and emerging countries are implementing.