Translating Financial Strategies for International Businesses
Cross-border business transactions, foreign investment, and international trade are the new normal in today’s global economy. Businesses have infinite opportunities to expand and diversify their customer base, supplier network, talent pool, referral relationships, and, importantly, take advantage of varying and changing tax laws in different jurisdictions.
Daszkal Bolton team members work hand in hand with clients pursuing business outside the U.S. Starting with international tax planning, they provide comprehensive consulting on other issues such as entity formation, foreign tax management, corporate restructuring, holding company strategies, acquisition and divestiture planning, financing arrangements, intellectual property planning, global supply chain strategy and withholding tax minimization.
Staying on top of Foreign Tax Changes
As your business expands into international markets, it is necessary to pay close attention to global actions impacting your business such as The Organization for Economic Cooperation and Development (OECD) initiative to prevent tax minimization schemes. The Base Erosion and Profit Shifting (BEPS) program helps local tax authorities obtain greater transparency to combat base erosion that has caused countries to enact new tax laws along with additional tax compliance requirements. Failure to comply with these changes in the tax laws may result in taxpayers paying a higher than needed worldwide effective tax rate and/or substantial penalties for non-compliance.
The multi-disciplinary team of tax, audit and advisory professionals at Daszkal Bolton will help you analyze options, recommend strategies, and deploy solutions to optimize your tax position. Our international resources also include our membership in AGN International, a global association of accounting firms that give you access to local tax and financial professionals throughout the world.
International Tax, Accounting and Advisory Services:
- Pre-Immigration Planning
- Inbound and Outbound Structuring
- Global Intangible Low-Taxed Income (GILTI) and Subpart F Planning
- Cross-Border Mergers and Acquisitions
- Transfer Pricing
- Repatriation Planning
- Foreign Tax Credit Planning
- Foreign Trust Reporting
- Foreign Tax Planning
- Foreign Bank Account Reporting
- S. International Tax Compliance