International

Tax Profile: Australia

5/20/2015

In comparison with other wealthy, developed nations, Australia maintains a relatively low tax burden. Along with excellent expenditure discipline, Australia’s tax system has helped to support Australia’s historically strong public finances, which is reflected by Australia’s AAA credit rating.Read More

Tax Profile: France

4/24/2015

France is an attractive place for investors, it ranks among the top countries in Europe and worldwide for patent production. France is also home to a number of research and development centers. At the head of this research are exceptionally innovative systems operating in a variety of sectors such as software design, biotechnology, renewable energy, nanotechnology, energy, agribusiness, and the film industry. Read More

Tax Profile: Mexico

3/18/2015

Mexico passed a tax reform law that took effect on January 1, 2014. There are many broad changes, including new income tax brackets, new taxes on certain dividends and gains, and changes to the maquiladora regime. Below is a summary of the current tax environment. Read More

Tax Profile: Puerto Rico

2/16/2015

The following summary discusses the Puerto Rico tax system from the perspective of Puerto Rico citizens, Puerto Rico residents and U.S. persons doing business in Puerto Rico. In January 2012, the Puerto Rico government enacted Act 22 to attract individuals to move to the country by providing an exemption from Puerto Rico income taxes on passive income realized after such individuals become bona fide residents of Puerto Rico.Read More

Tax Profile: Canada

1/19/2015

The following summary discusses the Canadian tax system from the perspective of Canadian citizens, Canadian residents and U.S. persons doing business in Canada. Read More

Foreign Taxation of Individuals

12/12/2013

The following information relates to foreign filing requirements for individuals, trusts, estates, and entities. This information is pertinent as failing to file any of the Forms could lead to severe penalties. Read More

Reporting by U.S. Taxpayers Holding Foreign Financial Assets

12/13/2012

Taxpayers have long been required by the Bank Secrecy Act to report certain foreign accounts. Now, there is a new reporting requirement in the Foreign Account Tax Compliance Act of 2010. U.S. taxpayers holding foreign financial assets may be required to report certain information about those assets on new Form 8938.Read More