International Tax

Friedman’s tax professionals are at the forefront of tax reform news to inform and empower you to best position yourself...

Enacted on December 22, 2017 the Tax Cuts and Jobs Act introduced a one-time toll-charge or transition tax on accumulated...

Gain the knowledge you need to reap tax benefits and avoid pitfalls in the wake of the most significant overhaul to...

Uncertainly looms surrounding the imminent implementation of global tax realignment. While multinationals know about country-by-country (CbC) reporting, Dudley shares, "What they don’t know...

The US and EU are on different wavelengths when it comes to an agreement on digital tax rules. Dudley says,...

The New International Tax Law created a new type of tax on global intangible low-taxed income (“GILTI”) that has a...

As a follow up to our December 20 Tax Alert covering domestic tax provisions included in the Conference Report, this alert provides a comprehensive overview of the Report’s international tax provisions. Read on for highlights on the ways you and your business may be directly impacted.

By now, you’ve seen media headlines covering the House Tax Reform Bill introduced on November 2. What you may not...

As Washington takes up the mantle of tax reform, Friedman LLP proudly releases a timely study featuring insights gleaned from a...

We are pleased to announce that Ominto, Inc. has appointed Friedman LLP as its new audit firm. Ominto is a...

This exclusive Tax Alert provides expert insights on critical areas not mentioned in the President's recently released tax reform framework....

The White House released its promised tax reform agenda, known as the “September Framework.” While longer than the previous version,...

Concerned how tax proposals may impact you and your business? Learn how other business leaders would react to tax reform...

As President Trump and Congress tackle comprehensive tax reform, one of the most critical and controversial challenges is to effectively...

As Washington takes up the mantle of tax reform, Friedman LLP proudly releases a timely series of insights gleaned from...

The opportunities for small and midsized businesses to sell overseas comes with a number of pitfalls as well as benefits....

The IRS’ final regulations requiring multinational corporations to report financial data for all jurisdictions they operate in was the topic...

Why are the newly mandated country-by-country tax reporting mechanisms raising “how-to” questions for business leaders? Ryan Dudley, partner for the...

Time is running out for US citizens and US residents who have offshore bank and financial accounts and have not...

Moving overseas to cut the tax burden remains a viable option for some firms, though the presidential candidates may have...

Do the hard yards still lie ahead for the OECD base erosion and profit shifting (BEPS) project?

BEPS implementation relies on engagement from key jurisdictions, including the US; but when it comes to getting key jurisdictions on board, it may be harder than expected. Friedman LLP partner, Ryan Dudley, wrote an article on the topic that was featured in the International Tax Review.

Real estate transfer tax is a tax imposed by states, counties and municipalities for the privilege of transferring real property within a jurisdiction. The tax is sometimes referred to as real estate conveyance tax, mortgage transfer tax or documentary stamp tax, among other terms.

If you or your spouse is a non-U.S. citizen, different rules apply to your estate plan. One misstep can lead to unpleasant tax surprises, so make sure you understand the differences.

The New York State and New York City tax laws have numerous traps for unwary nonresidents. To avoid one of the biggest tax hazards, nonresidents owning or renting homes within New York must be aware of the applicable residency tests and what records they should maintain to avoid a dual residency determination. Nonresidents of New York State are only taxed on income earned in or sourced to the state. New York City only taxes city residents. However, if a nonresident is not attentive to the residency tests, the tax consequences can have New York State, and possibly New York City, seeking to impose tax on all income, including interest, dividends, and capital gains, regardless of its source.

Partner Ryan Dudley was quoted in an article on the international tax evasion crackdown in International Business Times.

A good tax-planning technique is to sell a poor-performing security to “harvest” the loss and offset it against your capital gains. But what if you have high hopes for the security and would like to keep it in your portfolio?

On November 14, Friedman Partner Ryan Dudley will host an exclusive webinar titled “Foreign Investment in U.S. Real Property: Tax...