Impacts Partners and S Corporation Shareholders with Less Than 10% Interest in CFCs

Final GILTI..

GILTI

The IRS has FAQ sections on its Foreign Account Tax Compliance Act (FATCA) website that respond to..

FATCA/CRS

The IRS has issued a statement saying it will no longer challenge claims for foreign tax credits..

Tax

After over 30 years from the issuance of Notice 88-22, promised guidance in the form of proposed..

Tax

If you are a resident alien, own more than 10% of the vote or value of a foreign corporation deemed..

Expats, Tax

Before the Tax Cuts and Jobs Act (TCJA) a nonresident alien (NRA) could not own stock in a US S..

Tax, Nonresident Alien

If you are a resident alien you are subject to the same US income and estate taxes as US citizens;..

Expats, Tax

The IRS recently issued final regulations regarding the Foreign Account Tax Compliance Act (FATCA)...

FATCA/CRS, Tax

In 2018, U.S. organizations that suffered a data breach lost an average of $7.91 million as a..

Audit and Assurance, Cybersecurity