Effective July 1, 2021 the EU’s broad e-commerce package came into effect. The reform aims to modernize VAT for cross-border e-commerce.
Effective July 1, 2021 the EU’s broad e-commerce package came into effect. The reform aims to modernize VAT for cross-border e-commerce.
A summary of important updates for determining deferred tax provision under ASC 740 for the quarter ending June 30, 2021.
A new hybrid destination-based sourcing methodology impacts both in-state and remote sellers with New Mexico customers.
Build your foundation of understanding about the complexities of VAT and GST and the impact they can have on U.S. multinational businesses.
Digital assets may be impacted by value added tax and digital services tax implemented by various jurisdictions.
Overview of the SEP rules that are important for multinational entities to consider while conducting business in India.
As a sponsor of SelectUSA’s Investment Summit, RSM provides the guidance and insight foreign investors need to invest in the United States.
Join RSM Canada on June 7 to learn more about GST/HST changes for businesses outside of Canada who sell remotely to customers in Canada.
Mexico bans subcontracting arrangements. Companies need to act by Aug. 23 2021 to avoid tax, legal and judicial consequences.
After 17 months of internal discussions, the German administration approved a draft bill to implement the EU Anti-Tax Avoidance Directives.
U.S. private equity and venture capital funds with German investors have an additional 6 months to file German partnership returns for 2019.
The international tax landscape is shifting based on recent reports from the White House, Senate Finance Committee and U.S. Treasury.
2020 regulations expand the scope of the foreign tax redetermination rules, increasing compliance burdens in many cases.
Netherlands Budget Day 2021: An overview of important corporate and international tax developments to be aware of in country
Nonresidents of Canada could face significant Canadian sales tax compliance obligations effective July 1, 2021.
French court expands definition of dependent agent for purposes of Permanent Establishment (PE) determination.
Companies doing business in, or through India, should evaluate the impact proposed in the India’s 2021 budget released Feb. 1.
Reduction of participation exemption for dividends and capital gains earned by Spanish entities increases corporate tax rates by 1.25%.
Information on the instant asset write-off and tax loss carryback measures in Australia with potential tax savings for clients.
Now that we are post-Brexit and new rules have been released, companies must quickly move from planning to execution stage.
Mexico released tax changes for 2021. Some new rules may have significant impact on U.S. companies doing business in Mexico.
The OECD’s guidance illustrates how the pandemic may impact arm’s length results, including lower profits and even losses.
UK government provides relief from DAC6, reducing the scope of reporting for UK intermediaries with cross-border transactions.
Some European member states are extending the application of the anti-hybrid rules to common non-abusive structures.
German tax may apply to payments for the licensing or sale of German registered IP, even if neither party resides in Germany.
China has dominated global supply chains, but with rising labor costs, a U.S.-China trade war and the COVID-19 outbreak, this may change.
Recent changes by Indian tax authorities on taxing dividend distributions may impact U.S. investors’ repatriation of earnings.
RSM India covers the complex cross-border tax considerations and reporting requirements applicable to nonresident Indians in this guide.
The U.S. State Department informed Hong Kong authorities that the shipping agreement between the countries has been suspended or terminated.
Taxpayers may not be aware that their business activities with Canada may give rise to a reporting requirement, or even a tax liability.
Global mobility requires cross-border tax planning with a global perspective, assignment planning and payroll reporting obligations.
France enacted an intellectual property tax regime. Find out what this means for U.S. multinational businesses with operations in France.
In late March 2020 Mexico’s Secretary of Health issued measures that are to be followed in response to the COVID-19 pandemic
In early September, Mexico released a proposed tax reform package with significant changes in the country’s international tax regime.
DAC 6 will introduce five different “hallmark” categories that represent an indication that a transaction may have a risk of tax avoidance.
DAC 6 reporting by intermediaries implementing or advising on certain cross-border arrangements in EU member states starts July 2020.
Although not effective until July 2020, DAC 6 reporting obligations retroactively apply to transactions occurring on, or after June 25, 2018
Data is the new battleground for tax authorities. Businesses should take steps to assure the quality and integrity of their data.
U.S businesses with operations in the Netherlands may be impacted by the 2020 Tax Plan proposed on Sept. 17, 2019.
More than $750bn VAT revenue has been lost across the EU over a 5-year period from VAT fraud and more significantly to noncompliance.
India’s sweeping corporate tax cuts, effective retroactively to April 1, 2019, makes the country a viable investment destination in Asia.
The introduction of the services cost method concept to the Base Erosion Anti-Abuse Tax (BEAT) is a welcome benefit to some taxpayers.
Effective Nov. 1, 2019 Polish tax authorities announced they will introduce what is known as a Split Payments Mechanism (SPM).
Final regulations issued in late June 2019 on GILTI inclusion could have a considerably differently impact on PE and VC fund structures.
If a fund is organized as a partnership, and has German investors, the annual filing of a partnership return in Germany is required.
A refund opportunity exists for taxpayers who paid the CSG and CRDS French social taxes thanks to new guidance from the IRS.
Research implies that U.S. consumers and firms are paying a $3 billion-per-month increase in costs due to current trade policies.
It has been nearly 90 years since the trade wars of the 1930’s, so there is little memory of what a trade war looks like.
Changes to the international tax system will require U.S. taxpayers to navigate important foreign tax credit transition rules.
Intersection of GILTI rules and business interest expense limitation rules creates opportunity to characterize interest expense.
RSM’s new index assesses the impact of Brexit via financial variables on trade, wealth, the business cycle and corporate profits.
The IRS issues new FAQs providing relief from withholding tax penalties on certain dividend equivalent payments and undistributed earnings.
Double tax on dividends received by United States shareholders from foreign corporations addressed via TJCA through section 962.
Treasury and IRS issue proposed guidance on global intangible low-taxed income and foreign-derived intangible income deductions.
Court imposes substantial “willful” penalty for failure to file FBAR where taxpayer fails to consult tax advisor regarding foreign account.
Brexit uncertainty requires complex scenario planning. How can business leaders prepare now to minimize risk along an unclear path?
U.S. companies with operations in Mexico should carefully analyze the applicability of the Income Tax and VAT Credits.
The Mexican government has introduced two tax stimulus credits for certain taxpayers operating in the northern states.
U.S. companies with Mexican subsidiaries should re-examine whether they are at risk of audit, or of losing the use of their NOLs.
If you provide services through the internet, chances are you have value-added tax collection and filing obligations.
Global investors in U.S. real estate need to consider how their investment structure can affect income taxes and reporting requirements.
More than two million ITINs will expire at the end of 2018, be sure you've taken the steps to ensure you don’t have any disruptions.
Entering the U.S. market without adequate planning or implementation can lead to diminished returns on your investment.
A guide for multinational corporations regarding country-by-country reporting questions and base erosion profit shifting.
From planning to analysis to documentation to implementation, a transfer pricing guide for internationally active middle market companies.
Taking advantage of global opportunity often means expanding into numerous foreign jurisdictions. Learn more here.
The 30 percent rule intended to attract foreign talent to the Netherlands is changing from eight to five years.
Taxpayers and practitioners should note several new developments with respect to CRS as they ready for the FATCA/CRS reporting season.
Expats have concerns with new assignments, not the least of which are tax issues. Advance planning can minimize issues down the line.
District court upholds IRS summons issued to U.S. law firm pursuant to an information exchange request from the French tax authority.
The IRS announced it will begin the process of ending the 2014 Offshore Voluntary Disclosure program, with a closure date of Sept. 28, 2018.
Join RSM US professionals for this one-hour on-demand webcast as we discuss how tax reform affects foreign-owned companies.
India’s Central Board of Direct Taxes has recently introduced draft rules for public comment that implement master file and country-by-country ...
Successfully repatriating employees needs thorough planning to ensure ongoing satisfaction for organizations as well as their expatriates.
Taxpayers with international activities will quickly realize that tax reform has taken the complex world of international taxation and added ...
Proposed regs issued by the IRS provide guidance on treatment of foreign currency gain or loss of a CFC under business needs exclusion.
Global expansion can be the right answer for many companies looking to grow, let RSM help you determine the right global strategy.
The Dutch government has proposed reducing its corporate and withholding taxes along with other significant changes.
Netherlands expands scope of dividend withholding tax rules for 2018 even while it considers permanent repeal beginning in 2019.
India releases draft “Master File” filing requirements that would apply if certain revenue and transactional thresholds are met.
Cayman confirms FATCA portal to remain open after deadline, while IRS separately confirmed relief for mandate to collect foreign ID numbers.
Federal Court denies treaty benefits under Swiss treaty because tax avoidance was principal purpose behind creation of Swiss company.
A manufacturing company looking to expand its operations globally was challenged by complex international tax structuring needs-enter RSM.
Germany looks to software for aid in efforts to locate foreign business failing to pay VAT on certain electronic sales prior to 2015.
As part of Germany’s efforts to implement the OECD’s BEPS Action Plan, expense deductions will be limited for payments after Dec. 31, 2017.
As the BEPS action plan continues to be developed and implemented, middle market companies need to understand the implications.
Australian court sides with government and finds that Chevron’s internal group interest expense was excessive.
BEPS Action Item 13 provides new guidance for transfer pricing documentation and country-by-country reporting for US multinationals.
When entering the U.S. tax system through investment or relocation, a nonresident faces unique tax reporting and filing obligations.
New rules for foreign-owned disregarded entities give IRS obligatory information under tax treaties, information exchange agreements.
Final regs update some categories of subpart F income, treatment of foreign-held U.S. property in transactions that involve partnerships.
Learn how RSM helped a nonprofit increase transparency into accounting process across numerous global locations.
The bill is part of Germany’s efforts to implement the OECD’s BEPS Action Plan, passage expected by September 2017.
Sending employees overseas requires careful planning. Watch now for tips on successful international assignment and repatriation.
Why is a current transfer pricing study critical? Our international tax team discusses important changes. Watch now.
As companies grow globally specific activities give rise to a permanent establishment and potential tax obligations in foreign countries.
Doing business overseas may trigger unexpected tax consequences, but careful planning can help mitigate the tax bite.
Mexico issues provisions protecting US companies with shelter maquiladora contracts from permanent establishment taxation.
Foreign pension plans can be very costly for US taxpayers and play a key role in tax planning for international assignments
The Treasury and IRS recently issued temporary and proposed regulations to address corporate inversion transactions.
RSM’s Lisa Pinchin advises on BEPS following project role at OECD
Now is a relevant time to review the reporting requirements, including 2014 final regulations, for outbound asset transfers to foreign corporations.
Examination of your target company’s tax history and position should be a vital part of due diligence in any cross-border deal.
Mexico has issued new rules and guidance for Maquiladoras that soften the impact of some of the changes included in the 2014 tax reform provisions.
Operational transfer pricing streamlines efforts and reduces compliance costs in an increasingly globalized economy.
Ensuring all aspects of operations are structured to make sure underlying transactions are effectively managed for VAT purposes.
Learn more about the introduction of foreign indirect taxes and practical next steps you can take to ensure your organization is covered.
Key points to consider when determining how electronically supplied services should be accounted for with regard to VAT rules globally.
A detailed guide to compliance with countries seeking to tax digital services supplied by nonresident suppliers.
A high level overview of Africa's goods and services tax as it relates to electronically supplied services.
An overview of the Asia Pacific region's goods and services tax as it relates to electronically supplied services.
A high level overview of Australia's goods and services tax as it relates to electronically supplied services.
An overview of Europe's goods and services tax as it relates to electronically supplied services across the region.
A high level overview of the European Union's goods and services tax as it relates to electronically supplied services.
Learn how India’s goods and services tax as it relates to electronically supplied services and how companies should account for this tax.
An overview of Japan’s digital services legislation within the Consumption Tax Act (CT) and the impact on electronically supplied services.
A high level overview of the Middle East and North Africa's (MENA) goods and services tax as it relates to electronically supplied services.
An overview of New Zealand's goods and services tax and the impact on electronically or digitally supplied services.
An overview of the North American region's goods and services tax as it relates to electronically supplied services.
Learn how Russia accounts for value added tax on electronically supplied services and how companies should account for this tax.
A high level overview of South Korea's value added tax as it relates to electronically supplied services.
A high level overview of Switzerland’s value-added tax and how to account for it as it relates to electronically supplied services.
Understanding the impact GILTI will have on your organization may maximize planning opportunities and minimize risk.
RSM worked with our U.K. and Australian affiliates to save this software company millions through transfer pricing planning
RSM’s Trade Advisory Services can help companies manage complex trade and tariff obligations, including compliance and consulting.
Managing robust import and compliance programs requires a well-rounded understanding of import and export policies and changes.
RSM understands the needs of businesses and develops an approach to help manage compliant cross-border trade operations and activities.
The Brexit decision will no doubt have far-reaching impact. Get the RSM perspective on the middle market here and abroad.
An interest-charge domestic international sales corporation (IC-DISC) can be a powerful tax-savings opportunity for many companies exporting products.
An overview of Tanzania’s value-added tax and how to account for it as it relates to electronically supplied services.