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Recent U.S. Department of Commerce data has stated that more than 70% of the world’s purchasing power is located outside the United States. Given this, the trend toward more globalization is likely to continue for U.S. companies.
More and more businesses and individuals are operating across borders due to the increases in foreign outsourcing, favorable international tax treaties and economies of scale in overseas manufacturing. This growth has resulted in the expansion of investors, personnel, factories, supply chains and operations located around the globe.
One of the main reasons for growth in multinational activities is the ability to locate operations in whatever nation offers the greatest advantages. In spite of the advantages, multinational businesses and individuals operating across boarders have to deal with many issues that typical domestic U.S. entities don't have to deal with, including regulations and rules that vary widely from nation to nation.
Our firm’s greatest demand for multinational services comes from working with foreign-based multinational business clients with subsidiaries in the U.S. or overseas subsidiaries of U.S.-based multinational companies. Our clientele includes businesses and individuals facing the following situations:
For multinational businesses and individuals, our firm offers support for clients facing one or more of the following needs:
For assistance with your multinational tax and financial reporting needs please contact us today to speak with one of our consultants.
Tel: (571) 495-2BAS | (571) 495-2227