May 2018

Pros and Cons of a BVI Entity

https://youtu.be/ofpkp6ou7W4 Up until the US invasion in 1989, Panama was the premier off-shore jurisdiction but the BVI came to prominence after that event.  The British Virgin Islands (BVI) is often called the grandfather of all IBCs.  IBC stands for “international business company,” originally from the International Business Companies Act of 1984 in the British Virgin […]

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Ensure Your U.S. Accounting Team knows International Tax

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA).   If your US tax team is unfamiliar with International Tax Issues, you may be putting yourself and your business at risk. Validating tax information, especially for global partners, can reduce the likelihood of paying out to

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UK Forces Overseas Territories to Set Up Public Beneficial Ownership Registers

In a landmark decision, the UK government announced that all UK overseas territories will have to create a public beneficial ownership register by December 31, 2020, disclosing who owns companies registered in their jurisdiction. A coalition of Labour Party and several conservative MPs pushed through this regulation, which ultimately had to be accepted by Theresa

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