From the category archives:

International

Group debates expanding use of international reporting standards

by Melissa Brogan on March 22, 2013

When Barnes Dennig Director Tom Groskopf and the rest of the IFRS for SME Implementation Group met last month in London, the debate was split over whether to expand the scope of International Financial Reporting Standards for Small- and Medium-Sized Entities (IFRS for SMEs). It underscored a significant challenge in the ongoing efforts to establish [...]

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Where are your global opportunities?

by Melissa Brogan on November 21, 2012

Much of the world’s economy moves along a similar arc, but the political, geographic and demographic differences among countries means that each offers different economic opportunities. During his recent presentation at our 2012 Manufacturers Annual Seminar, economist Alan Beaulieu offered insights into a number of international markets. Click here for a summary of his comments [...]

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Juram joins firm as Principal

by Melissa Brogan on October 1, 2012

Barnes Dennig is proud to announce that Ellen Juram, with 16 years of international tax compliance and consulting experience, has joined the firm as a Principal in the tax department. Juram will work with the firm’s numerous international clients, helping them identify and implement tax-saving ideas. She has considerable experience leading tax consulting and compliance [...]

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Tax-rate hikes will impact IC-DISCs

by John Michel on August 15, 2012

The Interest Charge – Domestic International Sales Corporation (IC-DISC) has been a valuable tool for small- to medium-sized companies that export a high volume of goods or services. Upon creating an IC-DISC, a company essentially funnels a percentage of its profits on export sales to individual shareholders at a lower tax rate: Instead of the [...]

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Ohio offers grant for international marketing

by Scott Cress on March 15, 2012

Rapid technological advancements are making international business accessible for companies of all sizes, but the opportunity for new sales comes at a cost – not the least of which is introducing your product to a new, foreign audience. The Ohio Department of Development and the U.S. Small Business Administration can help. They offer a grant [...]

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FATCA creates new international reporting requirements

by Melissa Brogan on December 15, 2011

In an effort to catch U.S. taxpayers who are hiding assets in unreported offshore accounts, the federal government passed the Foreign Account Tax Compliance Act (FATCA) in 2010, and it created new reporting requirements that you should be aware of as 2011 draws to a close. FATCA requires that taxpayers with more than $100,000 worth [...]

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