International Taxation global tax what is international tax accountant

International Tax Services

International tax is a complex and ever-evolving field that is a critical aspect of financial management for multinational corporations. CKH Group’s international services are designed to assist businesses in Atlanta and beyond in achieving optimal tax strategies, reducing risks, and ensuring compliance with international regulations.

As a leading CPA firm based in Atlanta, we take pride in offering International Tax Services designed to:

    • Maintain global tax compliance
    • Reduce risk or costly errors
    • Provide timely and efficient results

What Is International Taxation?

International Tax relates to the taxes mandated by law in the various countries where a business operates. This could include a variety of taxes such as income tax, value-added tax (VAT), sales tax, and others. The specifics of these taxes, including rates and mechanisms for collection, can vary widely from one jurisdiction to another. Tax treaties between countries determine which country collects tax revenue, and anti-avoidance rules are put in place to limit gaps companies use to minimize their global tax burden.

What International Tax Rules Impact Multinational Companies?

Three broad policy areas play a crucial role in shaping the taxation of international corporations. These include tax agreements between nations and the associated withholding tax rates, regulations that delineate which income falls under the tax purview of the host country’s headquarters, and measures designed to curb tax evasion by multinational corporations. There are specific U.S. rules for taxing profits in a foreign country, such as the Global Intangible Low Tax Income rules.

What Is Global Intangible Low-Taxed Income (GILTI)?

GILTI is a category of income encompassing the earnings derived by overseas entities of American enterprises through intangible properties, such as patents, trademarks, and copyrights. The U.S. tax on GILTI is intended to prevent the reduction of the U.S. tax base by discouraging multinational companies from shifting their profits on easily moved assets, such as intellectual property (IP) rights, from the U.S. to foreign jurisdictions with lower tax rates.

Frank Jackson business Tax

Why Choose CKH Group?

CKH Group’s Tax Services are designed to unlock your tax potential and secure your financial well-being.

With CKH Group, you’re not just getting a CPA firm; you’re gaining a trusted partner committed to your success. Discover the CKH Group advantage, where excellence, integrity, and expertise come together to create a powerful tax partnership for you. Contact us today to explore how our Tax Services can add value to your organization.

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International Tax Services