The Recent Shift Towards Territorial Taxation of U.S. Corporations
Prior to passage of the Tax Cuts and Jobs Act (TCJA), the U.S. was the only G-7 country that taxed its corporations with headquarters in the U.S. using a worldwide tax system. Marshall J. Heap, EA
Cryptocurrency Taxation Trends: Spring Always Follows Winter
Writers who cover the cryptocurrency space are nothing if not prolific. Well into 2018, legions of them trumpeted the glow of the crypto messiah. Those same writers now have the grimmer task of writing about what is commonly called the “crypto winter.” ... Michael Minihan
Taxation of Dividends From Foreign Corporations
U.S. persons frequently own legal entities abroad to pursue a variety of economic interests. Common U.S. ownership scenarios include expatriates forming foreign entities to locally operate businesses, U.S. residents forming foreign entities to capitalize on expansion opportunities, and entrepreneurial immigrants coming to the U.S. More often than not, these foreign entities default to corporate status à la the tax law’s default classification... Anthony (“Tony”) Malik, EA