2018 Year-end tax planning

By Kyle Lodder, CPA As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. Year-end planning for 2018 takes place against the backdrop of a new tax law—the Tax Cuts and Jobs Act—that make major changes in the tax rules for individuals and businesses. For individuals, there are new,…

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Next major international tax provision coming into effect soon (Hint: “GILTI”)

By Kyle Lodder, CPA In December 2017, Congress passed into law sweeping tax reform with the Tax Cuts and Jobs Act. There are a few provisions that impact international taxation quite significantly. One major change went into effect immediately during the 2017 tax year – the Section 965 repatriation tax. We’ve previously written on this topic. You can read more about this law here. It’s a one-time transition tax that…

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Foreign business expansion into the U.S.

by Kyle Lodder The United States continues to be a large and stable economy and an attractive destination for non-U.S. companies to expand and grow their business. Even though it’s an attractive market for businesses to penetrate, foreign business owners often experience difficulty navigating the complex tax, legal and regulatory rules. Therefore, it’s critical that one engages a qualified team of advisors as one enters the U.S. market. Proper planning…

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Foreign Investment in U.S. Real Estate

by Kyle Lodder The purchase of U.S. real estate has been a long-time attraction for non-U.S. investors, often due to purchasing beautiful property at stable market prices. Careful planning should be done before acquiring U.S. real estate in order to avoid unexpected tax consequences down the road.  Among the items that should be considered are: The expected use of the property (primary residence, vacation home, rental property, investment property, development…

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