Whether you’re expanding operations outside the U.S. or seeking to establish operations in the United States, Aprio provides the tax, assurance and advisory services you need for successful international expansion. Our international tax advisors walk the walk with our clients. We know the languages, cultures and business landscapes of the countries where our clients do business. Understanding these nuances is critical to providing our international tax services clients with the best counsel and insight.
Aprio works with companies in more than 40 countries around the globe. Successful business relationships are built on good communication, so being able to conduct business and navigate international tax law in your native language is essential. Aprio’s international accounting services associates speak more than 25 languages including:
Beyond being one of the largest international business tax, accounting and business advisory practices in the southeastern United States, Aprio further expands our global reach through our partnership with Morison KSi – a global association of leading professional services firms established to meet the cross-border accounting, audit, tax and business consulting needs of international clients. With 163 individual member firms in 85 countries, this global footprint delivers the consistency of service and expertise that international tax CPA clients need, wherever they are and wherever they want to go next.
The Tax Cuts and Jobs Act has created a host of new challenges for global businesses, making it more important than ever to have an experienced international tax accountant. New provisions including Foreign Derived Intangible Income (FDII), Global Intangible Low-Taxed Income (GILTI) and deemed repatriation of income are creating new opportunities and obstacles for international companies and their shareholders.
For instance, Foreign Derived Intangible Income (FDII) rewards domestic companies taxed as C-corporations and U.S.-domiciled C-corporation subsidiaries of foreign multinational businesses with an effective tax rate of 13.125 percent. The FDII tax reform imposes this rate on a portion of income derived abroad from the sale of goods, services property and royalties from licenses, patents and trademarks.
Conversely the GILTI tax reform provision, imposes a minimum effective tax rate of 10.5 percent on similar nonroutine portions of income and allows a foreign tax credit for only 80 percent of the foreign taxes paid to foreign jurisdictions. The combination of GILTI and FDII tax reform are intended to keep more intellectual property and profits in the U.S. The implications of these two provisions will require significant changes to financial reporting and accounting processes.
Another significant change in the Tax Cuts and Jobs Act is deemed repatriation of income. Deemed repatriation requires U.S. shareholders (including individuals) of certain foreign corporations to pay U.S. federal income tax based on the foreign corporation’s undistributed earnings and profits. This one-time cumulative deemed repatriation of earnings and profits is taxed as if it were actually repatriated by the U.S. shareholder as a dividend distribution. Although the media has associated this new rule with large multinational corporations, many individuals, trusts and businesses will need account for a one-time deemed repatriation on their 2017 tax returns.
Aprio has been on the forefront of tax reform, helping our clients understand how these new provisions will impact International tax planning to effectively safeguard both inbound and outbound international investments. Aprio’s international tax accountants can help your business optimize your global tax strategy to reduce your effective global tax rate.
Aprio’s international tax services leverage domestic and international tax law to take full advantage of credits, deductions and incentive programs available in global markets. This additional profit can be reinvested, helping the international company maximize your opportunities to scale.
In today’s highly competitive and fast-paced international business environment, Aprio’s international tax consulting can help your company enter new markets with confidence, gain competitive advantage and maximize your investments in global expansion.
Since 1952, clients throughout the U.S. and in more than 40 countries have counted on Aprio’s international tax advisors to build value, manage risk and drive growth. Whether you are an foreign company seeking to establish or expand operations in the states or a domestic company seeking opportunities abroad, Aprio is the right partner to provide advice and international tax planning strategies to power your success.
Aprio’s International Services team can assist foreign companies moving to the U.S. and U.S. companies moving abroad with setting up and structuring their business to help them achieve what’s next.
International companies must continually seek greater efficiencies in the coordination of multi-country tax planning to remain competitive and profitable. Aprio’s International Services team provides worldwide tax planning services with the goal of minimizing your worldwide tax rate by providing IC-DISC services, setting up IP holding companies, financing companies and restructuring worldwide operations.
Transfer pricing has become the most significant tax challenge global businesses face. Minimize risk and tax dollars paid by letting us ensure that your intercompany transactions are structured correctly through a transfer pricing benchmark or study.
Employees who work abroad face unique tax filing and payroll requirements that demand the coordination of tax compliance in foreign jurisdictions. We work with companies to develop policies and procedures for the international HR services they offer, and we are familiar with individual income tax filing and payroll requirements in jurisdictions around the world.
Get peace of mind that your financial statements are accurate and reported in the standard required by the countries where you do business. We perform audits in IFRS and other accounting standards and are experienced in converting financial statements from one accounting standard to another.
We can assist you in structuring cross-border M&A transactions. Looking to acquire another company overseas? We go beyond routine due diligence to provide an independent perspective on your transaction that identifies deal breaker issues and opportunities for higher ROI. Looking to sell? We can help you set the right prices and terms for your business. Our team will appraise your business’ value, giving you the information edge to assess potential transactions.
Global companies are doing business in an ever-changing threat environment. Safeguard your business. Leverage our comprehensive expertise to raise the bar from compliance to true information risk management. Information assurance testing and reporting services include SOC 1 (Type 1 & 2) and SOC 2 (Type 1 & 2), and ISO 27001 certifications.
Integrate your tax, estate and investment strategies, and ensure that your company’s 401(k) plan complies with regulatory standards. We can help you and your employees get the most from retirement through personal and business tax planning, 401(k) management and benefits advising.
Our Payroll Services simplify your business by enabling seamless integration between payroll, accounting, tax and benefit administration services provided by Aprio. By integrating these services, you save time and money, make better decisions and mitigate compliance risks.
Simplify financial reporting and focus on your core strengths by outsourcing your accounting function to Aprio. You’ll get a dedicated team of accounting professionals delivering service on world-class technology for a fraction of the cost.
We provide the Litigation Support and Forensic Accounting Services businesses need when dealing with complex disputes, such as contract disputes, internal investigations, damages, insurance loss accounting and business valuations. Our years of experience enable us to clearly present complex data and scenarios that can be used at mediation or trial.
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