The US’s tax overhaul has serious ramifications for businesses. Here are some important considerations for all companies operating in the US.
A new US tax proposal calls for significant changes in the way multinational companies are taxed, including a 20 percent corporate tax rate. Here are some important features for US-based multinationals and foreign companies operating in the US.
McDonald’s announced a partnership with a Chinese state-funded conglomerate and a US private equity firm. The $2 billion deal reflects economic and cultural realities in China and is evidence of McDonald’s willingness to depart from its traditional domestic strategies when doing business across borders.
Donald Trump may have alienated some prominent Republicans during his presidential campaign, but he could find common ground with his party’s lawmakers on the subject of US corporate tax reform. This post explores how Trump’s presidency will likely affect US corporate taxation and cash repatriation rules.
Congratulations. You’ve identified an overseas market opportunity and successfully gotten a foreign operation off the ground. Now it’s humming along and the profits are piling up. Time to sit back, relax, and reap the rewards, right? Not unless you’re prepared to go on a shopping spree in the foreign jurisdiction. Otherwise, you’ll want to get that money out and bring it home, and there are multiple roadblocks on the way. First, determine if cash repatriation is worth the costs. Then, evaluate the best way to get it done.
China can be a notoriously difficult place for foreign companies to do business. With strict rules for entities and complex tax regulations, just getting on the ground can be a pain in itself. But while sales may roll in to your Chinese entity, there’s an added complication foreign companies face: How do I move that cash back home? Consider these seven best practices for making your repatriation of cash from China go smoothly.
Last week’s webinar, It's Your Money: Cash Repatriation Best Practices, encouraged a lot of discussion.There were a number of interesting questions from attendees. Here are some of the highlights and answers.