International Tax Services

We offer comprehensive solutions for today's complex international taxation

We offer comprehensive international tax services that will help you navigate the challenges that come with international investments and global business operations. If you are a Foreign Tax Person with income in the US or a US Tax Person with income outside of the US, you need to be aware of the complex and ever-changing international tax landscape. We are a US CPA firm specializing in international taxation. The rules and regulations surrounding international tax can be difficult to understand, but with our help, you can take advantage of global opportunities while minimizing your global taxes.

We get international taxes, done right

"While some people might find it distasteful to pay taxes, I don't. I find it patriotic."

- Mark Cuban           

International
Tax Planning

We help you plan your international investments and global business expansions in a way that minimizes your worldwide tax liability and maximizes your return on investment. Our International Tax Advisors have years of international tax experience helping global investors and international businesses achieve maximum international tax efficiency.

 

International
Tax Preparation

We are a leading international tax preparation CPA firm. Over 12,000 clients trust us with their income tax return preparation. We can help you prepare your US tax return as well as your foreign information returns so you can comply with all applicable local and international tax laws.

 

International
Tax Representation

If your tax return is selected to undergo a governmental tax audit, we can represent you during the audit, appeals, and collection proceedings. We will assist you with the compilation of the requested documents, attend all meetings on your behalf and develop an international tax strategy to defend your position during the audit.

 

Why H&CO International Tax services?

H&CO is the most trusted CPA firm by global investors and international companies offering comprehensive superior international tax services. We are a US CPA firm specializing in international taxation with over 30 years of international tax experience. Over 12,000 recurring clients trust us with their international tax compliance.

Who are our International Tax Services for?

Our international tax services are for global families, international investors, and global businesses that want to take advantage of global opportunities. Currently, we are serving:

• Foreign persons with US investing activities.
• Foreign businesses with US operations.
• US persons with foreign investment activities.
• US businesses with foreign operations.

International-tax-web-01

For international clients who want peace of mind, H&CO provides superior international tax services by experienced, knowledgeable, and bilingual advisors.

Trusted Advisors

Our trusted international tax advisors listen carefully to our clients, find proactive global tax solutions, and always put the client's needs ahead of their own.

 

Bilingual Advisors

Our bilingual international tax advisors from more than 15 countries speak your language and they are ready to work with you.

 

Peace of Mind

We help manage your international tax compliance needs, giving you peace of mind that you are meeting your global tax compliance requirements.

We’re the complete International Tax service solution

Our international tax services                                                                            

1. International Tax Planning
2. International Tax Compliance
3. International Tax Structuring
4. Inbound Tax Planning and Compliance
5. Outbound Tax Planning and Compliance
6. International Tax Treaty Services
7. Expat Tax Planning and Compliance
8. Transfer Pricing Planning and Compliance
9. International IRS Audit Representation

International-tax-web-02

International Tax solutions for savvy investors

International Tax Planning

We help you plan your international investments and global business expansions in a way that minimizes your worldwide tax liability and maximizes your return on investment. Our International Tax Advisors have years of international tax experience helping global investors and international businesses achieve maximum international tax efficiency. International tax planning helps you reduce the impact of international taxation by minimizing the impact of taxation on cross-border investments and business operations. The main objective of this planning is to maximize the return on your investment by minimizing your international tax burden. Having the right global tax strategy or strategies in place can help you maintain your competitive advantage.

International-tax-web-03

International Tax Compliance:

We are the leading international tax preparation CPA firm in the US. Over 12,000 clients trust us with their income tax return preparation. H&CO has been helping global investors and multinationals comply with their international activities for over thirty years. Complying with international tax laws and regulations that are constantly changing is a challenge. We can help file your federal and state income tax returns, as well as your international information returns.

International-tax-web-04

International Tax Entity Structuring

If you are expanding your business globally, we can help you choose the most tax-efficient structure for your operations. We will take into account your business goals, financial situation, and jurisdictional risk to recommend the best solution for your needs. International tax laws are constantly changing and choosing the wrong tax structure can put your company at a disadvantage. We are constantly analyzing and learning new international tax laws to provide our clients with the best international tax solutions.

International-tax-web-05

Inbound Tax Planning and Compliance

Inbound transactions involve a foreign tax person (individual or business) investing or doing business in the United States. Inbound transactions can lead to a variety of tax implications requiring careful international tax planning to minimize global tax implications. Inbound transactions include transactions where the United States imposes a tax on foreign persons on entities because of nexus with the US. If you are a foreign tax person (individual or company) with activities in the US, we can help you minimize your tax liability and ensure compliance with all relevant international tax laws and regulations.

two mans working in the computer-02-1

Outbound Tax Planning and Compliance

Outbound transactions involve US taxpayers investing or doing business in foreign countries. Transactions by US Tax Persons (Individuals and Companies) in other countries have international tax consequences requiring careful international tax planning to minimize global tax implication. Outbound transactions include transactions where a foreign country imposes a tax on US persons or companies because of nexus with the foreign country. If you are a US person or company with income abroad, we can help you minimize your worldwide tax liability and ensure compliance with all relevant foreign tax laws and regulations.

International-tax-web-06

International Tax Treaty Services

We can help you take advantage of the tax treaties between the US and other countries to minimize your overall tax liability. The United States has income tax treaties with a number of countries. Under these treaties, a tax person (individual or company) may be eligible to be taxed at a reduced rate or exempt from taxes on certain items of income received from sources within the country. We understand how tax treaties can affect your international activities. We can help you monitor tax treaty developments that affect you and help you understand the complexities of these treaties. By understanding the impact of tax treaties, you can mitigate double taxation on worldwide income and minimize your global tax effective rate.

International-tax-web-07

Expat Tax Planning and Compliance

If you are a US person working abroad, we can help you minimize your tax liability and ensure compliance with all relevant US tax laws and regulations. If your income worldwide exceeds the filing threshold, you must file your tax return every year. For US citizens or resident aliens, the rules for filing income, estate, and gift tax returns are generally the same whether you are living in the United States or working abroad. You are subject to tax on your worldwide income from all sources and must report all income and pay taxes to the Internal Revenue Code every year. Americans living abroad qualify for special tax benefits, such as the foreign earned income exclusion and foreign tax credits, but they can only get them by filing a U.S. return.

International-tax-web-08

Exit Tax Services

The decision to give up your US citizenship or green card is a critical decision with lifetime consequences and should not be made without the help of a qualified tax professional. When US citizens and residents choose to give up their US citizenship or residence, they are required by law to pay an exit tax. It is a final bill for your unpaid taxes on appreciated assets such as taxes on unrealized gains on capital assets. Exit or expatriation tax provisions apply to US citizens who have relinquished their citizenship and long-term residents who have ended their residency (expatriated). Form 8854 is used by individuals who have expatriated.

International-tax-web-10

Transfer Pricing Planning and Compliance

Transfer pricing planning and compliance is a complex process, but it can be a great way to manage your global tax liability. Our team of tax professionals can help you establish transfer price policies that are compliant with global tax laws and regulations for your global operations and investments. Transfer pricing compliance is one of the most important tax issues facing multinational organizations, and you should work with international tax professionals to manage the transfer pricing of cross-border transactions. If you are engaged in cross-border trade, we can help you establish transfer price policies that are compliant with global tax laws and regulations. H&CO is your trusted partner to help you with the tax issues related to transfer pricing.

International-tax-web-09

International IRS Tax Audit Representation

If you are being audited by the IRS for your international tax return, we can represent you during the audit, appeals, and collection proceedings. We will assist you with the compilation of the requested documents, attend all meetings on your behalf and develop an international tax strategy to defend your position during the audit. An international tax audit is an examination by the IRS of taxpayers' overseas assets, transactions, and earnings. Recently, the IRS has increased audits of foreign bank accounts, assets and foreign income. Not reporting foreign income, international transactions or foreign assets or bank accounts to the IRS can get you in trouble with the government.

International-tax-web-11

No matter where you are in the world,
we have you covered

 

H&CO International CPAs are ready to assist you with all your international needs. With offices in Miami, Coral Gables, Aventura, and Ft. Lauderdale, we are ready for a successful engagement on this side of the world!

QUESTIONS & ANSWERS

INTERNATIONAL TAX SERVICES

 

What is the difference between US corporations and foreign corporations?

The primary difference between the US taxation of domestic corporations and foreign corporations is that domestic corporations are subject to US tax on their worldwide income, while foreign corporations are only subject to US tax on their US-source income. This means that foreign corporations may be able to reduce their overall tax liability by structuring their affairs so that they have more foreign-source income than US-source income. It is important to point out that US corporations file form 1120, US Corporation Income Tax Return while foreign corporations file Form 1120-F, U.S. Income Tax Return of a Foreign Corporation.

What is Form 1120-F?

Form 1120-F is the form used by foreign corporations to file their US income tax returns. Foreign corporations use Form 1120-F to report their US income, gains, losses, deductions, credits, and to figure out their U.S. income tax liability. Yes, a foreign corporation that is engaged in a US trade or business at any time during the year must file a US tax return. Foreign corporations are required to pay taxes on US source income and effectively connected income on their US trade. By filing their US income tax return, foreign corporations ensure their compliance with US tax laws, avoiding any tax penalties on international trade.

What is the difference between a resident individual and a nonresident individual for tax purposes?

A resident alien for tax purposes is an individual who is a citizen of the United States or who is a legal permanent resident of the United States. A nonresident alien for tax purposes is an individual who is not a legal permanent resident of the United States and who meets neither the green card test nor the substance present test.  Resident individuals are taxed on their worldwide income while nonresident individuals are only taxed on their income from sources within the United States. Resident individuals file Form 1040 US income tax return, while nonresident individuals file Form 1040-NR.

What is Form 1040-NR?

Form 1040-NR is the nonresident alien income tax return used by foreign individuals who earn income in the United States or who engage in business in the U.S. but who do not meet the criteria to be considered a resident alien for tax purposes. Form 1040-NR is the nonresident alien income tax return required to file with the Internal Revenue Service. The IRS estimates that taxpayers spend an average of eight hours filling out this form. While instructions for this form are relatively simple, there are more than 30 pages of instructions that apply specifically to international individuals and there are various international tax laws that apply specifically to foreign individuals. For this reason, many foreign individuals seek professional guidance, so they can minimize their income tax liability while being in compliance with international tax laws.

 

See International Tax Forms >

Free Consultation

In need of a personalized consultation about
international taxes?

We have vast experience in implementing structures based on investments to satisfy your necessities.

Related posts

Our blog is an extension of our consultancies
Tax

2022 Year-End Tax Planning for Businesses

U.S. businesses are facing pressure to drive revenue, manage costs and increase shareholder value, all while surrounded by economic and...
Tax

2022 Year-End Tax Planning for Individuals

With rising interest rates, inflation, and continuing market volatility, tax planning is as essential as ever for taxpayers looking to...
Tax

Senate approves inflation reduction act with changes to tax provisions

Twelve days after Sens. Joe Manchin (D-WV) and Charles Schumer (D-NY) announced that they had reached an agreement on healthcare, climate,...