WTS US
Foreign Investment in US Real Estate – Select Structures
Foreign Investment in US Real Estate – Select Structures Without effective structuring, investments in US real estate by foreign investors can result in significant tax leakage. The tax impact can often “make or break” the economic viability of a particular investment. Clieck below for recent slides that provide a high level overview of certain structures. US [...]
Obama Business Tax Proposals
On February 22, the Obama administration released a framework for corporate tax reform, which calls for reducing the corporate tax rate from 35 percent to 28 percent and reducing the effective tax rate for domestic manufacturers to 25 percent.
WTS Opens Office in Boston – Leading Tax Advisor Takes the Reins
WTS is pleased to announce the opening of its office in Boston, at 180 Canal Street. The office will be lead by Rick Gardner (CPA, MST), who will be supported by a team of seasoned corporate and fund tax professionals. Rick joined WTS after a distinguished career as VP of Tax for a major multinational. [...]
Foreign Account Tax Compliance Act — Comments on Notice 2010-60
We are pleased to provide you with the following comments to the Foreign Account Tax Compliance Act (“FATCA”) provisions of the Hiring Incentives to Restore Employment Act. Our comments focus particularly on the potential application of the FATCA provisions, in light of the preliminary guidance provided in Notice 2010-60 (“Notice”),1 to foreign pension and retirement funds.
Investing Overseas: Tax Issues for Foreign Investments and Retirement
Financial and retirement planning for high net worth individuals frequently involves international tax planning. This article focuses on certain U.S. international income tax considerations that arise in the cross-border context. These considerations can arise, for example, where an investment portfolio includes non-U.S. assets (e.g., foreign situs real estate or stock in non-U.S. companies), a second [...]