Category: International
U.S. Supreme Court Rules Against the IRS on Critical FBAR Issue
March 20, 2023
The U.S. Supreme Court recently weighed in on an issue regarding a provision of the Bank Secrecy Act (BSA) that has split two federal courts of appeal. Its 5-4 ruling … Continued
IRS Eases Schedules K-2 and K-3 Filing Requirements for 2021
March 07, 2022
The IRS has announced additional relief for pass-through entities required to file two new tax forms — Schedules K-2 and K-3 — for the 2021 tax year. Certain domestic partnerships and … Continued
BEA Surveys for Foreign Direct Investment into the U.S.
February 02, 2017
The Bureau of Economic Analysis (BEA) recently released a report stating that during 2015, new foreign direct investments into the U.S. hit an all-time high of $420.7 billion.
What the New Reporting Regulations Mean to Foreign Owners of US LLC’s
December 22, 2016
By now, you’re probably familiar with FATCA… similar to the OECD’s Common Reporting Standards (CRS),