COMMON MISTAKES: ENTITIES CONDUCTING BUSINESS OR HOLDING ASSETS IN THE UNITED STATES
Companies with US assets (principally real estate) are often unaware of the importance of coordinating and closely monitoring their US compliance matters. Frequently three or four different professional service providers are involved, and the lack of complete information, coordination and communication results in: Financial statements inconsistent with the company …
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Prepare for possible tax reform in Brazil:
Prepare for possible tax reform in Brazil: financial statements for private investment companies Over the next few months, the Brazilian resident shareholder in an offshore company should weigh: what the potential tax burden means, adding up: the ongoing costs for maintaining the company, annual accounting preparation, and the potential tax …