Articles

FOREIGN ACCOUNT TAX COMPLIANCE ACT – FATCA

The Foreign Account Tax Compliance Act (FATCA), enacted in 2010, is an important development in U.S efforts to combat tax ...
Read More

MECHANISMS FOR RELIEF OF DOUBLE TAXATION

Double taxation is defined as the levying of tax by two or more jurisdictions on the same declared income, asset, ...
Read More

US TAXATION OF NONRESIDENTS

The United States has one of the most complex tax law regimes in the world. A regime which nonresidents should ...
Read More

GLOBAL INTANGIBLE LOW-TAXED INCOME INCLUSION (“GILTI”)

The Tax Cuts and Jobs Act of 2017 ("TCJA") brought forth a sea of changes in tax law and one ...
Read More

PASSIVE FOREIGN INVESTMENT COMPANIES (“PFICS”)

United States citizens and tax residents are discouraged from investing in Passive Foreign Investment Companies (PFICs) with primarily passive income ...
Read More

LAST MINUTE TAX EXTENDERS

Many of the tax provisions below were set to expire at the end of 2017 but have now been extended ...
Read More