The system of international tax codes, foreign and domestic compliance issues, and treaty-based accounting regulations for companies and individuals has often been compared to a never-ending Byzantine maze. The truth is, it’s a bit more complicated than that.
At MMB, we’ve mastered the maze. Our years of experience and global resources enable us to guide you through every step of the process of doing business in a foreign country. And since that maze runs both ways, we’re also able to assist foreign companies with in-bound U.S. tax issues.
Whether you’re considering your first international step or looking for ways to optimize ongoing international business operations, we’re packed and ready to go with you.
"I have the utmost trust in MMB and can’t imagine anyone else taking better care of my tax return needs." - Elmira Tax Client
The International Tax Services department at MMB is well resourced to handle a multitude of compliance and tax issues involving companies and individuals doing business on foreign soil, including:
Assistance to first-time exporters and those performing services outside of the United States:
Consulting regarding transfer pricing
Foreign earnings repatriation
Withholding tax minimization strategies
Where applicable, utilization of tax treaty provisions
Alternative business structures to maximize export incentives
Choice of entity and structuring the way business is carried on to minimize worldwide taxes
Assistance with international acquisitions, business sales, and reorganizations, including working through the complex rules of IRC Secs. 367, 368, 381, 382, 1248 and others
Assistance to foreign companies with inbound U.S. tax issues in connection with first-time or ongoing business operations
Assistance to foreign nationals investing in U.S. real estate including choice of entity, withholding tax compliance, and compliance with the provisions of the Foreign Investors in Real Property Tax Act
Advice and compliance in establishing an Interest Charge Domestic International Sales Corporation (IC-DISC), an often overlooked incentive for U.S. companies that export goods and services, which can provide significant tax savings
Reporting of Foreign Bank and Financial Authority (FBAR)
Assistance to those utilizing foreign trusts, including proper tax compliance reporting
Assistance with the provisions of income tax treaties and totalization agreements
Tax compliance work for foreign nationals, including planning for maximum tax benefits in the year of arrival and departure
Tax planning and compliance work for U.S. expatriates, including maximizing utilization of the foreign-earned income and housing exclusions
Assistance with the maximization of foreign tax-credits
Tax compliance work concerning foreign subsidiaries and branches, U.S. subsidiaries or branches of foreign companies, tracking earnings and profits pools, branch tax calculations and foreign tax-credit reporting