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Content on accounting, finance, technology, and business management to guide companies and entrepreneurs.

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Outbound Tax

what is fatca

11 min read

FATCA & CRS Information Reporting: International Tax Transparency

In today’s interconnected world, governments are increasing efforts to prevent tax evasion and improve transparency in international financial...

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12 min read

IRS Form 8621: Reporting Your Passive Foreign Investment Company Investments

When investing abroad, U.S. taxpayers encounter numerous reporting obligations and tax challenges. One of the most complex forms associated with...

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Return of U.S. Persons With Respect to Certain Foreign Partnerships

11 min read

Form 8865: A complete Guide for U.S. Persons with Foreign Partnerships

Navigating the complexities of international tax compliance can be overwhelming, especially when it comes to owning or having interests in foreign...

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The  globe representing controlled foreign corporations.

12 min read

Controlled Foreign Corporation (CFC) Compliance, Form 5471

In today’s globalized economy, many U.S. persons find lucrative opportunities by investing in foreign corporations. However, with these international...

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11 min read

Foreign Trust & Gift Reporting - Form 3520: Comprehensive Guide

If you’ve received a gift from certain foreign persons, a foreign trust, or a foreign corporation, it’s crucial to understand IRS reporting...

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14 min read

Subpart F Income Tax Planning for U.S. Shareholders of Foreign Corporations

In today’s increasingly globalized business environment, U.S. investors and companies often hold ownership stakes in foreign corporations. The...

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