The transfer pricing and tax havens is a complex issue that appeared in the context where different groups of firms present in different countries to perform economic activities. It...
Posted by Foudy CPA Group,PC on 05/16/2018
The Work-related costs scheme for salary-related allowances and advantages is compulsory for each state. In numerous projects, the employer can reimburse employees to offer particular...
Posted by Tax Solutions & Accounting Services on 04/27/2018
The new U.S. tax law is surprisingly unpopular as almost every household will pay less in tax. And over time the corporate tax reforms will lead to more capital accumulation, higher...
Posted by Jakusovas & Company on 03/08/2018
5.2.1[a] Taxation of Income of Non-Residents GenerallyA non-resident person is subject to Part I tax in Canada if the non-resident, at any time in a taxation year,1 – Was employed...
Posted by The Accounting and Tax on 06/21/2016
Foreign Persons doing Business in the United States...
Posted by The Accounting and Tax on 03/27/2016
Tax Issues...
Posted by The Accounting and Tax on 02/05/2016
Currency translation issues:Foreign branches and subsidiaries keep their books and records in the currency of host country.Parent companies in USA are required to compute their taxable...
Posted by The Accounting and Tax on 01/27/2016
A general rule for tax planning for dividend repatriation includes cross-crediting, minimizing foreign withholding taxes and considering alternative methods of repatriating earnings. Cross-Crediting If...
Posted by The Accounting and Tax on 01/06/2016
General Income: It includes all income other than passive income. It includes most of the foreign source active business profits of domestic corporations and their foreign subsidiaries. Passive...