International Tax Services

Competitive advantage through global tax solutions

Once is more than enough when it comes to being hit by tax liability. Accurate tax advice and thoughtful planning is essential for companies that want to avoid paying tax twice on cross-border transactions.

The professionals in ParenteBeard’s International Tax practice can help you maintain your competitive advantage with global tax solutions. We’ll assist you with international tax planning and compliance, and help you minimize the tax costs of expatriate operations.

Your international tax support network extends around the globe with ParenteBeard’s membership in Baker Tilly International, a worldwide alliance of independent accounting firms with offices in more than 100 countries.

International Tax Planning

• Formulate tax-efficient capital structures for:
• Foreign companies invested or investing in the U.S.
• U.S. companies invested or investing outside the U.S.
• Identify business-motivated cross-border financing strategies, which:
• Maximize U.S. and foreign incentives available to companies engaged in international business transactions
• Balance U.S. and foreign tax considerations in the context of a company’s broader business and financial objectives
• Help U.S. companies navigate through the U.S. tax anti-deferral provisions for:
• Controlled foreign corporations (“CFCs”)
• Passive foreign investment companies (“PFICs”)
• Optimize the interest deduction for U.S. subsidiaries owned by non-U.S. companies
• Complete proactive transfer price analyses
• Determine whether cross-border activities create a permanent establishment or taxable presence
• Develop repatriation strategies that:
• Benefit from foreign tax credit planning and the minimization of allocated and apportioned expenses and/or
• Minimize withholding taxes

International Tax Compliance

• Dual consolidated loss planning and reporting
• Overall foreign loss analysis and planning
• Preparing U.S. tax forms including W-8BEN, 926, 1042, 1042-S, 1040-NR, 1116, 1118, 1120-F, 5471, 5472, 8802, 8832, 8833, 8840, 8858 and 8865

Expatriate Tax Planning and Compliance