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New International Tax Risks for Small Businesses

By December 22, 2015 No Comments

In a recent Accounting Today article, Scott Robins, Emily Horvat, and David Magarian provide guidance on international tax risks for small businesses, S corporations, and partnerships, including matters related to:

  1. The creation of Permanent Establishment aboard such as:
  • Filing annual foreign income tax returns
  • Paying foreign income taxes
  • Being subject to so subpoena powers of foreign tax authorities
  1. Choice of Entity as a branch, partnership, or corporation
  2. Foreign earnings subject to tax
  3. Transfer pricing
  4. Other considerations such as withholding taxes, thin capitalization, value-added taxes, and state income taxes