The U.S. economy is teetering on the edge of recession
Entering the first quarter of 2023, there is a growing danger that the U.S. economy could slip into recession. While the U.S. consumer has been largely resilient so far, higher interest rates have weighed on home-building, trade and business investment.
Website Renewal
We are pleased to announce the renewal of our website.The renewal has improved the structure and design of the website to make it easier for everyone to view and find information. We will continue to improve the content and provide up-to-date information.
FATCA & FBAR Reporting
Pursuant to the provisions of the Foreign Account Tax Compliance Act (FATCA), foreign financial institutions (FFIs) — including foreign banks, brokers, insurance companies and investment funds — must disclose to the IRS certain information about accounts owned by United States persons.
One Point Advice on Transfer Pricing Taxation
Transfer pricing is a taxation to set appropriate prices for cross-border transactions with foreign related parties based on the “arm’s-length principle” and to require appropriate tax payment in each country.
US Corporate Taxes: What to Look Out for When Entering the US Market
The United States is still one of the largest recipients of foreign direct investment and remains an attractive location for foreign businesses. A large amount of this investment comes from places like Japan, Canada, Australia, and the European Union.