Contact UsMy corporation is expanding into Asia and Europe. What type of holding company and entity structure will result in the lowest possible Worldwide Effective Tax Rate for GAAP and tax purposes?
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Abraham Itani, CPA
without knowing much of the necessary details, currently corporate tax rate is the highest and personal income tax rate is lowest. However, that is liable to change with the push to increase individual with high income bracket and to lower US corporate rates.
Having said that, I would advice you to start with a branch and test the feasibility of such an expansion, if it is successful, then proceed with a corporation equivalent status.
If you like to discuss this further, please let me know.
Regards,
Abraham Itani, CPA
www.itanitax.com
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597 weeks ago
Having said that, I would advice you to start with a branch and test the feasibility of such an expansion, if it is successful, then proceed with a corporation equivalent status.
If you like to discuss this further, please let me know.
Regards,
Abraham Itani, CPA
www.itanitax.com