Investors too often assume that dividends, whether from U.S. companies or foreign corporations, are taxed similarly. Under U.S. tax law, however, that assumption is incorrect and making mistakes can ...
A new court case now allows the IRS to immediately collect $10,000 penalties from U.S. owners of foreign corporations who fail to file Form 5471. For taxpayers with foreign corporations, the IRS just ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The U.S. Supreme Court has held—by a 5-4 margin—that it did not violate due process for a Pennsylvania court to exercise jurisdiction over an asbestos case with no connection to Pennsylvania because ...
Type to search articles, cases, and authors. Press ↵ to view all results. The Supreme Court on Thursday upheld a provision of a 2017 corporate tax reform law, known as the mandatory repatriation tax, ...
The One Big Beautiful Bill Act (OBBBA) made numerous changes to the controlled foreign corporation (CFC) regime. These changes included significant modifications to the global intangible low-taxed ...
Foreign corporations, open your rolodexes. You will need New York counsel more than ever. Days ago, New York Senate Bill S7476 was delivered to Governor Hochul for signature. If signed, the bill would ...
On Dec. 12, 2016, the Treasury Department and the Internal Revenue Service announced final regulations (issued in proposed form on May 5, 2016) requiring domestic disregarded entities with foreign ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
At some point in a business's lifetime, it may make sense to change its legal business structure. Recently during a webinar, a business owner asked me whether an LLC or corporation registered to ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Eric's career includes extensive work ...