About A&M
Repatriation & Foreign Tax Credit Planning
Minimizing a company’s overall effective tax rate and managing worldwide cash flow are primary objectives of every company’s financial organization. Double taxation that can potentially arise from multinational operations makes this objective even more challenging. The United States and other taxing jurisdictions have created elaborate tax systems to help mitigate the potential for double taxation while attempting to preserve their local tax base. Additionally, the United States recently enacted a new tax law contained in the American Jobs Creation Act of 2004 that allows a one-time-only opportunity for a company to take advantage of a special tax regime that applies to certain remittances received from its overseas operations.
Our international tax professionals can assist your company in:
- Understanding and applying the U.S. and foreign tax laws that affect your company’s operations.
- Properly assessing your company’s current foreign tax credit position.
- Developing various repatriation options that consider the opportunities provided in new IRC §965 and evaluate and quantify the associated tax implications.
- Working with the company’s treasury function to create a practical and efficient worldwide cash management strategy.
LEADERSHIP. PROBLEM SOLVING. CREATION.
Each Taxand representative is an independent legal entity and is not liable for the acts
or omissions of other Taxand firms that are also members of the Taxand global network.