Thanks to massive changes in online communication and commerce over the past decades, conducting business in multiple countries is now easier than ever. While the world may be your oyster in terms of cross-border growth, international tax requirements have gotten consistently more complicated, and the penalties for non-compliance can be steep.
Are you looking to open a subsidiary or branch in another country? Do you know what taxes must be filed when doing business or holding assets abroad? Are you a citizen of another country who wants to invest in US assets? Do you know how to properly recognize income from foreign activities?
At BeachFleischman, our bilingual team is adept at structuring cross-border transactions in the most tax-efficient manner, dealing with the complexities of filing taxes on foreign income or assets held abroad, and helping individuals from other countries conduct business or invest in US assets. Up-front planning is critical to properly structuring transactions and maximizing foreign tax credits. Whether you are considering outbound activities like expanding your business overseas or investing abroad or are based in another country and want to open a US subsidiary or invest in US real estate, securities, or a business, we can help you understand the taxes you must pay while getting the most from your investment.
Services we offer
- Structure for international tax advantage
- Passive Foreign Investment Company (PFIC) determination
- Voluntary disclosure initiative
- Foreign Interest in Real Property Tax Act (FIRPTA)