by Jerry | Aug 30, 2017 | Business Advice, Legal, Tax
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 – the best choice. How do you...
by Jerry | Aug 27, 2017 | Tax
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...
by Jerry | Aug 26, 2017 | Tax
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...
by Jerry | Aug 22, 2017 | Tax
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 in...
by Jerry | Aug 21, 2017 | Tax
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...
