Global Intangible Low Tax Income Global Low Tax Intangible Income (GILTI) is a new tax regime under the Tax Cuts and Jobs Act (TCJA). Under this regime, United States Shareholders of Controlled Foreign Corporations (CFC) will potentially have an income inclusion based on the net earnings and profits of the CFC, less a few exceptions,…Read More
For many of today’s companies, going global seems like a quick and trouble-free growth strategy. Technological advances and expansive supply chains make doing so easier than ever. But business owners who make this move impetuously may soon find themselves on stormy seas, taking on waves of debt and unanticipated expenses.
Chart Your Course Carefully Globalization strategies are typically based on two objectives:
1) selling to a new market overseas, and/or
2) lowering production or administrative costs with foreign supply chain partners.Read More
Tucson, AZ—January 16, 2016—R&A CPAs, one of southern Arizona’s leading public accounting and business advisory firms, has been selected as Arizona’s first representative to DFK International, a worldwide association of independent accounting, tax and business advisory firms.Read More
In today’s globalized economy, many businesses conduct business outside the United States’ borders. Managing your business’ assets and taxes domestically can be a big job; keeping track of your international financial requirements simply adds to the load. Working with an experienced CPA firm that offers international tax services will help your business maintain compliance with all tax requirements, both domestically and abroad.Read More