US Tax Consulting

Overview

With multinational businesses becoming increasingly affected by tax and legislative developments throughout the world, a company’s understanding the tax impact of its business operations is essential for success. Thus, management must be well-versed in the tax regimes of both the United States and local jurisdictions in order to remain competitive in today’s dynamic business landscape.

As companies with operations connected with the United States may be subject to taxation on their worldwide income, efficiently structuring their business could prove to be more complex than ever. The accelerating pace of US international tax reform also poses a challenge to companies who must keep abreast of these developments.

PwC’s Singapore-based US tax consulting team consists of professionals experienced in the area of US international taxation. We offer both advisory and compliance services to help companies address their US taxation concerns, whilst leveraging on our insight to provide advice that is in line with their corporate strategy and business goals. Our team can assist multinational businesses in addressing their cross-border needs, as well as in achieving a more tax-efficient global operational structure.

Potential Issues

  • You are looking to expand your business from the US into Asia, or from Asia into the US
  • You need tax advice on structuring a multinational business
  • You want to repatriate profits to or from the US
  • You need to comply with requirements under US Generally Accepted Accounting Principles (GAAP)
  • You want to achieve more tax efficiency in dealing with cross-border transactions
  • You want to enter into a Qualified Intermediary Withholding agreement with the Internal Revenue Service (IRS)
  • You are subject to IRS reporting, withholding, and information disclosure requirements
  • You are defending an IRS audit

How PwC can help you

We can support you in:

  • Value chain transformation planning
  • US tax support for mergers and acquisitions
  • US tax accounting compliance and consulting services
  • Preparation and filing of US federal and state tax returns
  • Controlled foreign corporations tax planning
  • Cross-border transaction structuring
  • Foreign account compliance services
  • US inbound and outbound structuring
  • Double tax relief/foreign tax credit planning
  • Advice on structuring the holding and managing of intellectual property and other intangible assets

Foreign Account Tax Compliance Act (FATCA)

FATCA Compliance: What every financial institution should know

The Foreign Account Tax Compliance Act (FATCA) will impact many foreign (i.e., non-US) financial institutions (FFIs).

Learn more