IRS Proposes Rules on Calculation of GILTI The IRS has released guidance on the taxation of “global intangible low-taxed income” (GILTI) reported by US shareholders of corporations outside...

A Good First Step On Your Journey To GILTI Compliance Or Avoidance In a blog post I wrote a few weeks ago, I talked about two...

New International Tax Provisions for 2018 and Beyond With the recently enacted tax reform two new terms have been introduced into the international tax arena: global intangible low-taxed...

The FBAR filing due date will be different next year. Hopefully you have already submitted your 2015 FBAR filing which is due by June 30th this year. If not, you still have a little time...

Many people who receive income from passive foreign investment companies, or “PFICs,” have no idea that they hold an interest in an investment that may trigger additional filing...

If you or your business qualifies as a U.S. tax person, you might have to file tax returns and you might have to pay taxes. Or you might not. In a previous post, we focused on the 3 ways an...