International
International Tax
Legal advice on the tax consequences of cross-border income, assets and structures.
Overview
What this involves
Anyone with income, assets or family connections in more than one country may be taxed in each of them, and may have reporting obligations that are easy to miss. Missed filings can be expensive even when no tax is owed.
KMC Justice works with clients and their accountants on cross-border tax questions that have a legal side.
How We Assist
How KMC Justice Can Assist
We advise on the tax treatment of structures and transactions before they happen, and help clients who have fallen behind on foreign account or entity reports to come into compliance. We coordinate with accountants and advisors in other countries.
Scope
Matters We Handle
- Tax aspects of cross-border business structures
- Reporting of foreign accounts and entities
- Tax treatment of inbound and outbound investment
- Tax questions for people who move to or from the United States
- Voluntary disclosure of unreported foreign assets
- Treaty questions and coordination with foreign advisors
FAQs
Frequently asked questions
I have a bank account abroad. Do I need to report it?
US persons often must, depending on balances and account type. Penalties for missing a report can be significant, so ask before the deadline.
What if I did not file reports in earlier years?
Options for coming into compliance exist, and the right one depends on the facts. Speak to us before contacting any authority.
Do you prepare foreign tax returns?
No. We advise on the legal side and coordinate with accountants in the relevant countries.
This page provides general information, not legal advice. Every situation is different. Contact us to discuss yours.
Request a Consultation
Discuss your international tax matter with us.
Tell us briefly about your situation. We will review your inquiry and respond as appropriate.