All countries have unique tax laws and rules. If an individual has income or capital gains from one country and resides in another country, that individual may be responsible for paying taxes in both countries pursuant to the respective tax laws. In order to alleviate...
Business
Business Organization in New York: For-Profit versus Not-For-Profit Corporations
Business Organization in New York: For-Profit versus Not-For-Profit Corporations The incorporation or organization of an entity as either a for-profit or not-for-profit corporation carries significant benefits over an unincorporated body, including personal asset...
Dispelling the Myths of Litigation in the United States of America
Dispelling the Myths of Litigation in the United States of America Liebeck v. McDonald’s Restaurants, also known as the “McDonald’s coffee case” and “the hot coffee lawsuit,” was a 1994 product liability lawsuit that became a flashpoint in the debate in the United...
Corporate Law: A Fresh Look at German and American Company Law
Corporate Law: A Fresh Look at US and German Company Law What US and German Companies should understand about Business Law Corporate law is also called company law or corporations law. An Overview of the Laws and Regulations that Define Corporate Structures...
Renouncing U.S. Citizenship: Taxation And Other Implications
A record number of U.S. Citizens are renouncing their passports and cutting their official ties to the United States according to recent data released by the Treasury Department. With an all-time high and an increase of more than 20% from the previous year, over 4,200...
International Law: Choosing the Right Law Firm
International Law: The Who, What, Where, and Why This article is about what constitutes international law, what characterizes an international law firm, sectors of international law, career options in international law, and showcases a few specific international law...
The impact of United States Product Liability Law on German parts and equipment
Germany exports many different types of parts and equipment to the United States totaling over $24 billion dollars per year, according to www.worldsrichestcountries.com. When such products contain defects, the manufacturer, distributor and even the retailer could...
Aviation Products Liability and Drones
Aircraft and spacecraft is a multi-billion dollar industry in Germany. With the increased use of drones across the globe this industry is expanding very quickly to include drone production and new laws to comply with regarding their use. The German Aviation Act has...
Products Liability in the US – Vehicles
Germany exports many different types of cars and other vehicles to the United States every year. German manufacturers in general take special care to know both the industry standards and the governmental standards in order to comply with them. Unfortunately,...
U.S. subsidiary or branch?
German companies in the U.S. German companies which want to expand into the U.S. have the choice of operating their distribution center as a branch or as a U.S. subsidiary of the German parent company. U.S. subsidiary: The federal corporate income tax a U.S....
