The US Tax Cuts and Jobs Act, passed on 17 December 2017, has dramatically changed the analysis and available strategies for structuring cross-border operations. Meaning, to realise tax optimisation, business owners must be aware of those changes. For example, in addition to a decreased corporate rate from 35% to 21%, and the full expensing of plant and equipment acquisitions, there is a now a reduced effective rate of 13.125% for domestic companies’ income from selling products or services to foreign customers directly or through related parties.
While people move to and from the U. S. for various personal reasons, a major reason for relocation is employment. Therefore, it is important to understand employment taxes when relocating to or from the U.
Partner Andrea Fantozzi, a Director at the Italian Group in the International Department of Prager Metis CPAs, was published in America 24. Click here to read the full article titled: Il Fisco Americano terminera’ il programma di Voluntary Disclosure.
Andrea Fantozzi , a Partner and Director at the Italian Desk in the International Department of Prager Metis CPAs, is presenting at the Export U. S. A seminar May 31st, 2018.
Andrea Fantozzi and SLT – Strategy Legal Tax present “ Gli Stati Uniti e le opportunita’ di un mercato in crescita. Consigli Utili e Soluzioni Pratiche” July 10,2018
Read the latest article by Partners Fernando R. Lopez and Raymond J. Zomerfeld, published in Worth Magazine.
For years, limited liability companies (LLCs) in America with a single foreign owner were not subject to U. S. tax reporting requirements. However, final regulations recently issued by the Internal Revenue Service (IRS) and the Treasury Department have effectively closed that loophole, significantly raising the tax filing complexity and record-keeping burden on these entities.
While the European Union (EU) just began active enforcement of a sweeping new data privacy regime, that news generated far less visibility in the United States, largely because many people assume that their business or personal interests are not affected by the change. But reliance on that assumption could result in expensive consequences. The General Data Protection Regulation (GDPR) was approved by the EU Parliament in April after four years of substantive debate and refinements.
Andrea Fantozzi and Fernando Lopez Present at the Italy America Chamber of Commerce May 23rd, 2018. Title: U. S.
Andrea Fantozzi to Present at the Confindustria: UNITED STATES – The Benefits of Tax Reform in the US and the New Policies of American Immigration
Andrea Fantozzi, a Partner and Director at the Italian Desk in the International Department of Prager Metis CPAs, a member of Prager Metis International Group will be speaking at the 1Confindustria. He will introduce to business owners/ CFO and Controllers the opportunities for foreign entities investing in the US especially based on the latest tax reform. Dates: