Taxes

by Greg Bryant

Tax Incentive Programs in the Caribbean

By: Greg Bryant, CPA/Attorney Imagine, if you will, you live in California or New York City where your income tax rate is over 40% (federal and state). However, imagine then that you could move to another state, keep your US citizenship, and lower your tax rate to under 4% (federal and state). Would that be interesting?  Well, here is how you can do it. The United States territories...

by Greg Bryant

Tax Planning for Exports: IC-DISC Primer

By: Greg Bryant esq./CPA and Sarah Frazier, Esq. Although it has been in existence since 1971, the Interest Charge Domestic International Sales Corporation (“IC-DISC”) planning opportunity is often-overlooked. Since IC-DISCs began, IC-DISCs have been upstaged by a host of alphabet tax incentive regimes: Foreign Sales Companies (“FSCs”), Domestic Production (“DPD”), and Foreign Intangible...

by Greg Bryant

Managing Tax Change

Tax systems change, and we are going through a significant period of change now.  The conventional wisdom in my career, now approaching 40 years, is that structures have to adapt and change every 5-years to avoid becoming obsolete and inefficient. In my experience, it is not quite that bad, but at least every 8-years.  When I started my career, the Federal US corporate tax...