Tag Archives: U.S. federal income tax

Tax Planning for U.S. Companies with Latin American Operations

Pass-through structures Many South Florida-based companies conduct business operations throughout Latin America. Typically, these operations are conducted though wholly-owned foreign subsidiaries. With the corporate tax rates in these jurisdictions approaching the highest U.S. federal income tax rates (for example, the corporate income tax rate is 35% in Argentina, 34% in Brazil, and 30% in Mexico), many … Continue Reading

Expatriation Lite: Leaving the U.S. Tax System While Retaining Your Citizenship

As many Miami residents who earn income abroad may be aware, the United States is one of only two countries in the world that taxes its citizens and residents (collectively, “U.S. taxpayers”) on their worldwide income.  Therefore, a U.S. taxpayer that earns only foreign source income will be subject to U.S. federal income tax on … Continue Reading
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