International Tax Services
Visit our International Tax Blog for an in-depth look at a variety of international tax topics.
Whether you are an individual or a business, it is critical that you understand the complex U.S. tax and disclosure rules that pertain to foreign investments and transactions.
Sciarabba Walker has assisted both individuals and businesses with tax reporting issues related to the ownership of foreign assets, receipt of income from abroad, and foreign financial transactions. Our International Tax Group is knowledgeable and up to date with the latest rules and regulations in this area. Some of the areas of expertise include:
Businesses and Business owners
- Consulting for international business expansion
- U.S. employees working abroad
- Foreign employees and independent contractors
- Foreign owners and investors
- ECTI withholding for foreign partners or LLC members
- FDAP withholdings for payments to foreign persons
- FBAR filing requirements
- Treaty benefits
- Controlled foreign corporations
- Transfer pricing issues
- Foreign tax credits
- Disclosures related to ownership in a foreign corporation
- Disclosures related to transactions with affiliated foreign corporations
Individuals
- Professors on sabbatical leave overseas
- Foreign individuals working in the U.S.
- U.S. residents with foreign investments
- Ownership of real property in a foreign county
- Receipt of foreign inheritance
- FBAR filing requirements
- Treaty benefits
- Sale of U.S. real estate by nonresident alien
- PFIC tax and reporting issues
- Income tax reporting of worldwide income
- Estate planning for noncitizen spouses
- Nonresident alien estates
- Expatriation
- U.S. citizens living in a foreign country
We are a proud member of PrimeGlobal, one of the five largest associations of independent accounting firms in the world. Through our PrimeGlobal membership, we can refer you to reputable accounting firms throughout the globe should you need tax advice or have filing requirements in a foreign county.
PrimeGlobal even offers a series of comprehensive guides to doing business in numerous countries around the world, free of charge to the public! You can view these guides over on the PrimeGlobal site.
If you have any issues or concerns in the above areas, please contact the International Tax Group at Sciarabba Walker for expert guidance.
Recent International Tax Blogs
FinCen 114 and Form 8938: What They Are and When to File
Having foreign accounts and wading through the reporting requirements can be a daunting task. This week we hope to shed some light on two of the more common forms and when you need to file them. FinCen 114, also known as the FBAR (which stands for Foreign Bank Account...
Base Erosion and Profit Shifting (BEPS) – What Is It and How Does It Affect Your Business?
Different countries implement taxes differently, and in a global economy, these differences create gaps and mismatches in tax rules. Some multinational companies use these differences as a means to shift profits to low or no-tax locations. These tactics are referred...
Foreign Provisions in the New Tax Legislation May Impact Your 2017 Taxes
The dust has settled and we now have the Tax Cuts and Jobs Act, 185 pages of new tax code accompanied by 500 pages of conference committee explanations. Most of the new legislation is effective for tax years beginning in 2018, so it may be tempting to wait until the...