Posts Tagged ‘international tax’
U.S. Issues New Controls and Sanctions on Foreign Exports
At a glance The full story In the wake of the two-year anniversary of Moscow’s invasion of Ukraine, the U.S. Department of Commerce announced new export controls and sanctions against Russia-related exports to restrict Russia’s access to the products and technologies needed to sustain the war. These measures involved expanding the Bureau of Industry and…
Read MoreStrategies for Importers – Section 301 China Tariffs
At a glance The full story The Section 301 China tariffs, implemented by the United States Trade Representative (USTR), have significantly altered the landscape of international trade, impacting importers and businesses engaged in commerce with China. These tariffs, initially introduced in 2018, were aimed at addressing unfair trade practices and intellectual property invasion by China.…
Read MoreCase Study: Seamless International Tax Services for a Global Online Retailer
About the Client: Aprio engaged with an online retailer that specializes in selling “surprise boxes” through its virtual platform. Each box is filled with a random assortment of merchandise and products for customers to enjoy. The Challenge: The client was in the process of launching a new online business and needed professional guidance to establish…
Read MoreExpanding to the U.S.?
Form W-8BEN: 5 Key Questions for US Companies
At a glance Schedule a consultation today The full story: With the advent of remote work and advances in technology, US companies are hiring global contractors to perform everything from recruiting to IT consulting. Now more than ever, companies literally have a world of hiring opportunities at their fingertips — but what’s the catch? How…
Read MoreIRS Provides Favorable Guidance on Mid-Year PTEP Distributions and the Section 961 Basis Issue
At a glance Connect with our team today The full story: The Internal Revenue Service (IRS) has recently provided advice regarding the interaction of the basis adjustment rules under Section 961 and previously taxed earnings and profits (PTEP) distributions by a controlled foreign corporation (CFC) that occur before the last day of its tax year.…
Read MoreIRS Offers Limited Relief from Filing Schedules K-2 & K-3 for Certain US Partnerships and S Corporations
At a glance Schedule a consultation with an Aprio Tax Adviser Today. The full story: Beginning with the 2021 tax year, all US partnerships and limited liability corporations (LLCs) taxed as partnerships were required to complete and file new Schedules K-2 and K-3 with their Form 1065 Income Tax Return. According to the IRS, the…
Read MoreInternational Services Overview
Expanding Your Operations to the U.S.
Case Study: Using Transfer Pricing to Simplify Complex Intercompany Charges
About the Client: Aprio engaged an international security solutions provider that specializes in designing, installing, managing and harmonizing physical security systems across the globe. With a team of more than 270 trained and experienced industry professionals, the company has successfully executed thousands of security projects for some of the world’s most demanding and growth-oriented organizations.…
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