• What is a permanent establishment?

    US multinational corporations doing business in foreign countries (and foreign based multinational corporations doing business inside the US or foreign countries other than their own) are typically subject to the domestic tax laws of the countries where they engaged in business activities.
  • Reassessing the tax benefits of IC-DISCs

    Baker Tilly international tax specialist, Mayra Pena and Richard Shapland, reassess the tax benefits of IC-DISCs due to tax rate differential changes under tax reform in the AICPA Tax Adviser.
  • Tax Reform Progress Report | September 2018

    The September Tax Reform Progress Report discusses the three bills that comprise Tax Reform 2.0, new proposed regulations for determining a CFC’s GILTI income, elimination of a state and local tax workaround and where we are with TCJA-related regulations and guidance.