“U.S. tax laws are remarkably expansive and often apply to foreign transactions that would appear to have no U.S. connection.”
How we can help:
We provide U.S. tax advice on a wide variety of cross-border transactions.
Our advice is often sought when clients are in the process of creating, acquiring, or reorganizing U.S. and foreign entities, or when individuals are moving into or out of the U.S.
We have extensive experience in restructuring U.S. and foreign legal entities. It is often possible to restructure in a manner that qualifies the transactions as non-taxable under the U.S. tax code.
Businesses and individuals can minimize their worldwide effective tax rate using a variety of techniques. Some of these techniques include maximizing foreign tax credits, excluding certain foreign income, and deferring U.S. taxation to a future year.
Cross-border tax rules are like a minefield with many traps for the unwary. Tax savings are maximized by contacting us well in advance of any contemplated transactions.
Call 860-767-4975 or e-mail today to schedule a meeting or phone consultation with Attorney Mitchel.