by Marc Schwartz Prior law focused on and impacted members of international groups and some real estate investment trust (“REITs”). We’ve long had to consider whether business interest expense is deductible, but outside the REIT environment, IRC §163(j)’s earnings stripping rules generally applied in a global structure. These rules limited a corporation’s interest deductions […]
How the Tax Reform Limits Your Interest Deductions Read More »
In Notice 2018-07 (“Notice”), the IRS has moved quickly to provide preliminary guidance under Internal Revenue Code Section (“§”) 965, as amended by “An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018,” P.L. 115-97, enacted on December 22, 2017. We’re impressed by
International Tax Reform 4.0 – Transition Tax on Foreign Earnings – New Guidance Read More »
The more we read the new tax law and know our clients and other advisors expect us to be able to explain the policy and the details, the more we want to throw our arms up in the air and go on vacation – a long enough one so by the time we get back
International Tax Update 3.0 Read More »
By Paul Tadros and Marc Schwartz — Schwartz International Let’s get something straight. Our last blog rated the latest tax bill as Two Thumbs Down and concluded that America deserves better. We do deserve better. Upon reflection, we think the law is a net positive; however, there are substantive complexities which will invariably result
International Tax Update 2.0 Read More »
By Paul Tadros and Marc Schwartz The below is meant to be an apolitical analysis of the first items that jumped out at us – ignoring commentary on the Affordable Care Act impact. Overview. Well folks, Congress has done it again. Smoke and mirrors. Talking a big game about tax reform with many areas
Thumbs Down on Proposed Tax Legislation Read More »
Simone Alting brings a wealth of experience to Schwartz International. Growing up in her native Germany, she rounded out her formal education there with a law degree before coming to the US 20 years ago. With her LLM (Tax) and CPA credential, she’s an integral part of the SI’s global tax and advisory team. Please
Simone Alting Educates us on Usufruct and its US Estate/Gift Tax Implications Read More »
The 2 November Republican proposed tax plan has several significant international tax provisions. Take a quick look at our summary — Republican Tax Bill.
Proposed International Tax Reform Summary Read More »
Marc Schwartz attended the latest Corporate Tax Alliance (CTA) global meeting in Berlin, Germany September 8 and 9. The annual meeting focused on practical global tax strategies and effective implementation. “It’s important to get face-to-face with our global colleagues to discuss ‘live’ issues. This helps ensure appropriate strategy implementation for our global client base, whether
SI Continues Its Global Tax Leadership Read More »
Marc Schwartz and Paul Tadros were honored to be invited to speak at the Georgia Society of CPA (GSCPA) annual Southeastern Accounting Show (SEAS) on August 30, 2017 at the Cobb Galleria Centre in Atlanta, GA. The pair spoke about possible international tax reform coming out of the US, including the potential pitfalls of the
SI Speaks on Global Tax and International Trade Reform Read More »
Contact us today to discuss how we can assist with your international tax and legal matters.
