Overdue US tax payments can now lead to denial of a passport or passport renewal. Expats and their employers need to understand the law and its ramifications.
Obtaining a company officer’s signature is the final step in the US corporate tax-return process. If an officer is unfortunate enough to receive a return on or shortly before the deadline, he or she will almost certainly not be able to thoroughly review it. To help company officers in this situation, we’ve prepared a checklist of essential items to review before signing a US corporate tax return.
FATCA requires non-US financial institutions to report certain account information to US tax authorities. Here's a quick overview of FATCA and why it results in your bank asking for more of your information.
Welcome back to Global Glance. This week we’ll do something a little different and look at a single story — the recent termination of the mammoth Pfizer-Allergan merger — a little more closely. Hang on to your profit and loss statements, then, here we go.
Increasingly, US companies are sending employees on what amount to short international assignments, and they may not even know it. These may be formal short-term assignments with written agreements or could simply be “international commutes” involving occasional business trips to one or more countries.