United States

The Tax Exchange

Tax discussions for the business leader


A quest for transparency Transfer pricing for the new economy

A quest for transparency Transfer pricing for the new economy

Transfer pricing is not new, but the way businesses need to approach it certainly is. With taxation of foreign operations making headlines worldwide, it is imperative that multinational companies understand the changing landscape.

  • February 20, 2017
Pennsylvania proposes budget changes

Pennsylvania proposes budget changes

Recently, Pennsylvania Gov. Wolf announced his proposed budget for the Commonwealth’s fiscal year. The estimated deficit for the Commonwealth is approximately $3 billion through the next two fiscal years – one of the largest potential deficits of any state this budget season.

  • February 16, 2017
Want employees that act like owners? Consider making them owners

Want employees that act like owners? Consider making them owners

Business owners looking to transition ownership and reward employees may want to consider an employee stock ownership plan, or ESOP.

  • February 14, 2017
Court decision reinforces lower FBAR willfulness standard

Court decision reinforces lower FBAR willfulness standard

U.S. persons must file the FBAR to disclose any foreign account with a balance in excess of $10,000 in which they have a financial interest. The penalty for failure to file an FBAR can have both civil and criminal repercussions and generally depend on whether the failure to file is non-willful or willful.

  • February 10, 2017
Co-sourcing and the corporate tax function: Getting it right

Co-sourcing and the corporate tax function: Getting it right

We are frequently called in to meet with companies that are looking to outsource or co-source their tax function. For many, the decision to take that approach has already been made and the company is simply evaluating providers, looking for the right fit.

  • February 08, 2017
House tax reform plan includes new

House tax reform plan includes new "border adjustment" proposal

As 2017 begins, and a new Congress and president are sworn in, a comprehensive tax overhaul appears to be near the top of the legislative agenda. Key to the House GOP’s tax proposal is a move towards a destination-based tax, where income from goods and services are taxed based on where they are consumed, as opposed to where they are produced.

  • February 07, 2017