Reviewing A Foreign Legal Structure

Why You Should Hire a Tax Professional to Review Your Foreign Legal Structure

U.S. parented corporations that have foreign operations conducted through a foreign legal structure have significant U.S. tax filing and reporting obligations. The U.S. international tax rules and regulations that apply to U.S. parented structures are voluminous and complicated. Whether the parent corporation is a start-up company establishing offshore operations for the first time or a mature business with pre-existing offshore operations that is considering certain international tax planning, the parent corporation's foreign legal structure may be able to be optimized for tax efficiency. In addition to the abundance of sticks in the tax code, it also contains many tax benefits that uncounseled taxpayers may not be fully utilizing. A thorough review and analysis of a parent corporation's organizational structure may uncover unutilized tax benefits that coupled with international tax