INTRODUCTIONThe general rules is that corporate form normally insulates shareholders, officers, and directors from liability for corporate obligations.1 However, when these individuals abuse the corporate privilege, courts will disregard the corporate fiction and hold them individually liable.2 Piercing the corporate veil is not itself a cause of action, but rather is only a remedy, a […]
Whilst at the #IRAMSTERDAM19 conference in Amsterdam Brad of Braumiller Consulting & Adrienne of Braumiller Law sat with IR Digital to discuss global trade. Adrienne & Brad give an update on Section 301 and the US – China tariff war, the status of NAFTA now known as USMCA and information on the U.S heading for […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Jeff Prostok of ForsheyProstok, LLP. Jeff has joined IR as our exclusive Commercial Litigation Member in US-Texas Jeff Prostok is a founding partner of Forshey Prostok. Mr. Prostok concentrates his practice in the areas of business reorganizations, debtor and creditor rights, […]
INTRODUCTIONMany taxpayers were surprised to learn of the complicated changes to their international operations when they filed their US tax returns this year. Despite the complexity there were some good surprises for those that were aware of the changes and able to plan and structure their foreign businesses and investments properly. In light of the […]
After filing hundreds of exclusion requests over the past year, we discovered that our approval rate stands at 75%.* The industry average stands at 33%. What we have also discovered within the trade community is that the Commerce Department representatives reviewing the requests are declining many as a result of the HTS classifications being incorrect. Does that […]
QUESTION ONE – In your experience, what are the key considerations that international clients should have the front of mind when assessing a target company for acquisition in your jurisdiction? Understanding the Federal and State tax implications of the acquisition is essential to determining the proper US acquisition structure which, if managed appropriately, can result […]
We are delighted to welcome back Jessica Brown Wilson to our podcast series discussing ‘How to Treat Employees Like Humans – Even When You’re Firing Them’ with our podcast host Jennifer Riggins. Jessica and Jennifer discuss how to respect employees when you are terminating them, how to ensure they leave with dignity, how can you […]
Customs Compliance Industry Exchange November 20 – 21, 2019 Washington Plaza Hotel 10 Thomas Circle NW , Washington, DC 20005 Discuss strategies with your customs counterparts on Tariffs, Duty Mitigation, Free Trade Agreements, Enforcement Trends, USMCA/NAFTA, and Customs Innovations. The world is changing rapidly and everyone working in import and customs must stay ahead of […]
It seems like a long time ago, but it really wasn’t, that President Trump withdrew the United States from the TPP (Trans-Pacific Partnership) on his 3rd day in office. Looking back, it was actually the gateway for the implementation of the Section 301 tariff war with China. For a group of countries though, the TPP was […]
On Friday, October 11th, 2019, President Trump announced a three- phase trade deal with China. The agreement is an outline of a partial trade accord that President Donald Trump said he and Xi Jinping could sign as soon as next month at an upcoming November summit in Chile. To say the least, there is a […]
On October 2, 2019, the Office of the U.S. Trade Representative announced that the United States has won the largest arbitration award in World Trade Organization (WTO) history in its dispute with the European Union over illegal subsidies to Airbus. This award grew out of an allegation that the European aircraft manufacturer had received illegal […]
Investment in US real estate by foreign investors requires careful planning to avoid tax and legal surprises upon the sale or operation of the property. A good tax and legal plan can not only avoid these surprises but also protect the investment and improve the return on investment. This paper explains the U.S. tax laws […]