The Tax Data Management Newsletter is intended for tax directors and managers whose interests are improving the international tax compliance and planning processes.
About the Author
JD Choi is recognized as an international tax expert. His experience and understanding of industry trends and client needs lend valuable insight to the international tax community. JD currently serves as the President and Chief Executive Officer of Tax Technologies, Inc. (TTI). Prior to co-founding TTI, JD worked as an international tax consultant for a number of Big Four accounting firms. JD graduated from the University of Texas and New York Law School. He is a member of the Texas State CPA, AICPA, ABA, and New York and New Jersey Bar associations.
How to Get Form 5471 Prepared for $360 per Entity
In this article you will see how you can reduce labor costs related to Form 5471 compliance to $360 per entity by means of optimal task allocation between an in-house resource and offshore resource.
Continue Reading -»How will your company deal with the new international tax provisions?
On May 4, 2009, the Obama Administration announced new international tax proposals that include 1) reform of deferral rules by virtual elimination of check-the-box (CTB) entities; 2) deferral of expense deductions relating to foreign investment; 3) creation of super-pools for earnings and profits (E&P) and tax for computing deemed paid credits; 4) disallowance of foreign tax credit for income not subject to U.S. taxation; and 5) disallowance of separation between E&P and taxes.
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