Category Archives: U.S. SMEs with Foreign Operations

  1. Guilty of GILTI? A New Tax for Some Expats

    • by Jimmy Sexton
    • June 15th, 2018

    Guilty of GILTI? A New Tax for Some Expats

    Are you guilty of GILTI? You better hope not! GILTI stands for “Global Intangible Low Taxed Income” and was enacted as part of the U.S. 2017 Tax Reform. Under GILTI, U.S. expats who own and operate businesses through foreign corporations could be forced to pay U.S. tax on their foreign corporation’sprofits, regardless of whether or not they receive a dividend!

    Read Jimmy Sexton, LL.M., latest article in Inspiring Women summer issue magazine!

    Read the Article here. 

  2. March 15 Tax Deadline is Here

    • by Jimmy Sexton
    • March 15th, 2018

    March 15 Tax Deadline is Here

    The March 15 tax deadline is here! It’s time to file your partnership (Form 1065), S-Corporation (Form 1120S), and Foreign Trust with U.S. Tax Owner (Form 3520-A) tax returns!

    We can assist you in filing an extension and preparing your tax returns. Contact us here.

  3. Do-it-yourself International Tax Planning Gone Wrong

    • by Jimmy Sexton
    • July 20th, 2017


    Ever hear the saying “You get what you pay for”? That is precisely what most do-it-yourselfers (DIY, for short) get when they formulate their own international tax plans. Recently I was reintroduced to an international structure, that over the years, I have seen international tax wannabes dream up in one variation or another.

    This elegant and flawless structure (I hope my sarcasm is coming across), generally, has a backstory that goes something like this. A U.S. taxpayer, living in the U.S., has a product that he sells or wants to sell to third-party buyers in the U.S. and elsewhere, but usually it’s mostly in the U.S. The product is generally manufactured by a third-party in China, Vietnam, or some other low-cost manufacturing jurisdiction.


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