Introduction The introduction of Global Intangible Low-Taxed Income (GILTI) under the Tax Cuts and Jobs Act of 2017 has marked a significant shift in how the U.S. government taxes...
Are You a U.S. Shareholder of a Foreign Corporation? It’s time to turn your attention to Schedule R. This form is your key to reporting distributions from foreign corporations,...
In today’s global economy, US shareholders of Controlled Foreign Corporations (CFCs) face a labyrinth of tax obligations that could rival the complexity of any ancient maze. The stakes? Compliance...