International advisory

When the 2017 Tax Cuts and Jobs Act (TCJA) became law, a new international corporate tax system went into effect, replacing a tax system that dated back to 1962.

This new tax system includes the Global Intangible Low-Taxed Income (GILTI) tax, which applies to US individuals and US businesses that have certain levels of ownership in foreign corporations.

We think of the GILTI tax as being similar to an alternative minimum tax. It is calculated each year on the operating income of controlled foreign corporations (CFCs). And it seeks to ensure that they pay at least a certain level of tax on all earnings.

In this new era of taxation, many international businesses are impacted by the GILTI tax. As a result, business structures that were tax-efficient under the old laws are no longer tax-optimal under the new laws.

Fortunately, we’ve developed ways to help clients become tax-efficient under this new system. GILTI tax planning is the way to do that. If you’re growing, we can help mitigate your tax burden and increase bottom-line success through ongoing, holistic, and bespoke tax accounting, compliance and advisory services. Our firm handles federal, state and international taxation matters for U.S. and foreign companies, multinational groups and high-net-worth individuals.

​

Operating internationally is complex with dynamic environments, and we understand the tax help you need to optimize your structure and reduce your burden—ultimately driving business growth.