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International Business Consulting
Wherever life leads, we'll
guide you!
Over the years, Dean, Dorton & Ford has assisted
numerous businesses and their owners in starting and
expanding their business operations. We know that success
requires a team effort. Accountants, lawyers, bankers,
insurance agents, technology consultants, and company
personnel must work together to develop and implement
a structure and systems that are appropriate to the
needs of the business. Coordination of efforts is even
more necessary when a business expands internationally,
where legal, accounting, tax, and business conventions
can differ dramatically.
We are committed to helping our clients achieve their
goals, wherever those goals may lead them, and have
assisted numerous clients in making the move across
borders.
Our International Team is composed of both US and
non-US natives with a wide range of tax and
international experience.
Why DDF for International
Tax?
We are committed to helping our clients achieve their
goals, wherever those goals may lead them. In order
to help clients make the move across borders, we provide
the following services.
Multinational Business Structuring
The choice of how to structure your multinational business
operations involves considering numerous factors. Nonbusiness
factors, such as complexity or simplicity of operation,
administrative costs, exit strategies, and tax minimization
are important contributors to the success of any business
strategy. Whether you're a US company entering markets
outside the US or a non-US business entering the US,
DDF can assist you in developing the right business
structure to meet your needs.
Employment Planning and
Compliance
We can explore international assignment issues for
your employees, including how they are compensated,
who employs them, the assignment structure, and the
application of tax treaties. We assist with the timely
and accurate completion of US tax returns and tax equalizations
for employees in different countries. We can help you
avoid burdensome penalties for noncompliance with withholding
rules; administer payrolls; prepare year-end documents;
address benefit reporting issues; and review payroll,
benefit, and expense systems to reduce exposure and
enhance opportunities.
US Tax Withholding Compliance
As a general rule, payors of the US source income are
required to withhold federal income tax from that income
if they do not obtain certain documentation. Where the
payee is a non-US resident, payors of US source income
must obtain this documentation prior to making payments
to the nonresident, even if the payor believes that
the payee will not be subject to US tax on the payment
because the income is exempted under the provisions
of a treaty. In addition, partnerships engaged in business
in the US must withhold on their foreign partners’
share of US source income, even if no distributions
are made. These withholding requirements are often overlooked
in conducting multination transactions, and the penalties
for failure to withhold can be onerous. DDF can analyze
your withholding and documentation requirements to keep
your business in compliance.
Transfer Pricing
The US and some foreign taxing authorities have adopted
penalties for noncompliance with contemporaneous transfer
pricing documentation rules. The IRS has increased examinations
of small and mid-sized companies (under $1 billion in
sales), believing there is weak taxpayer compliance
and high tax penalty revenue opportunities. DDF can
help protect you from these penalties.
Special Incentives for Exporters
and Domestic Production
The US provides a host of incentives designed to foster
US economic activity. All exporters may continue to
benefit from the extraterritorial income exclusion through
2006. Closely held exporters may benefit from the use
of an interest-charged DISC. Many US producers may avail
themselves of the new qualified production deduction.
DDF can help you maximize your benefit from these US
provisions to reduce your overall tax rate.
Multistate Planning and Compliance
One of the biggest complexities facing businesses entering
the US market is maneuvering the multitude of state
and local taxes. DDF can help ease your entry into the
US while minimizing taxes and administrative costs.
US Estate and Gift Planning
The US imposes taxes on the transfer of wealth in the
form of estate, gift, and generation-skipping transfer
taxes. These taxes can be particularly onerous for noncitizens
who own US property. DDF can develop business and other
structures to minimize the impact of these taxes for
nonresident owners of US property. For individuals who
are considering moving to the US, we can conduct pre-immigration
planning to keep your pre-immigration assets out of
the US transfer tax net.
DDF Outsourcing Services
- Internal audit services and functions
- Section 404 compliance assistance
- Accounting and controllership services
- Multistate tax planning and consulting
- Expatriate tax services — compliance and consulting
- International tax services — compliance and
consulting
- Executive income and estate planning
- Human Resources — assistance in locating and
hiring qualified financial personnel
- Strategic planning and management meeting facilitation
- General consulting services
- Technology services — IT audit assistance
and implementation
- Monitoring asset-based lending programs for financial
institutions
- Preparing financial budgets and projections
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