With much of the world caught off-guard by the recent events in Eastern Europe, the far-reaching impact has influenced a number of people across the globe. People with international investments, for example, have expressed concern about the reverberations of war and...
International Tax and Business Entities
Understand the tax treaty between Germany and the U.S.
When German citizens have business interests in the United States, they may need to pay taxes in both countries. However, they may be able to take advantage of the income tax treaty. According to the Internal Revenue Service, a tax treaty is an arrangement that the...
Double taxation for US expats in Germany
Thousands of US citizens reside in Germany, so it's vital to understand how German residency affects US taxes. Many American citizens are attracted to the business-friendly culture of Germany, and some reside in Germany while serving at a US military duty station....
Understanding international taxation
International taxation is one of the most complex and challenging aspects of doing business across national borders for New York companies. There are plenty of big advantages to going international, but dealing with the taxes is more than just a matter of accounting;...
Florida Corporate Entities
Florida offers many types of business entities that can limit the liability of its principals. The three main types of business entities are partnerships, corporations and limited liability companies. A General Partnership is an unincorporated business owned by two or...
Doing Business in Germany
A German GmbH can be set up by one or more individuals or entities, usually without restrictions. It is an excellent vehicle to gain access to a thriving market, giving the US investor a local presence in Germany and the European Union. Urban Thier & Federer...
Double Taxation Agreements USA – Germany – United Kingdom – Attorney
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...
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....
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...
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...