US Legal, Tax, Accounting and Business Services for UK Companies
Should you do business in the US through a subsidiary? When deciding the best way to enter or expand your presence in the US market, one option is to do business through a US subsidiary or other affiliated entity. Operating in the US through a separate US entity can be – but is not always …
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Basics of State Corporation Taxation in the US The US has a federal system of government. Unlike the UK’s unitary system, in the US each level of government (federal, state, and local) exercises certain powers that are either exclusive to that level or shared with other levels. One shared power is the power to tax …
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Understanding US Corporate Income Taxation The best way for UK clients to gain quick understanding of the US corporate income tax system is to review how the US corporate income tax differs from the UK corporation tax. Although the two systems are in many respects similar, there are some distinctions. Here are the main ones: …
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Provisions of the US-UK Tax Treaty of Interest to Companies Doing Business in the US Both the US and the UK tax their residents on their worldwide income, including income sourced to other countries. In addition, both countries tax non-residents on income sourced within their borders. Consequently, when companies resident in one country do business …
Understanding US Sales Taxes UK clients often assume that US sales taxes operate essentially like VAT. While both are consumption taxes, the similarity ends there. So, how do US sales taxes differ? Who collects and pays the tax. VAT is a tax imposed on the value added at each stage of the production and distribution …
Choosing a State of Incorporation The act of registering a corporation in the US is known as “incorporating” the business. Whereas in the UK Companies House serves as a central registry for companies, the US has no such central registry. Instead, corporations are established under the laws of individual states. So, how do you decide …
Top Six Questions UK Companies Ask About Hiring Employees in the US In the course of advising and assisting UK companies entering the US market, our clients ask a lot of questions about hiring employees in the US. Here are the top six questions we get. What costs should I expect to incur, in …
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