The One Big Beautiful Bill Act (OBBBA) changes the foreign tax export incentives available for U.S. taxpayers; however, these incentives remain a strong opportunity to optimize your tax strategies. Taxpayers…
The New Remittance Tax: A Hidden Game-Changer in the One Big Beautiful Bill Act
As international tax reform takes center stage once again, the One Big Beautiful Bill Act (OBBBA) introduces a sweeping provision that could significantly impact cross-border financial flows: a new excise…
Major International Tax Shifts Ahead for Foreign Individuals and Dual Residents
As the U.S. gears up for another round of sweeping tax reform, the One Big Beautiful Bill Act (OBBBA) is turning heads—especially among foreign individuals, dual residents and globally mobile…
FDDEI: The New FDII
International provisions introduced under the Tax Cuts and Jobs Act (TCJA) in 2017 were made permanent with some changes under the newly passed One Big Beautiful Bill Act (OBBBA). Under…
GILTI Becomes NCTI
The recently signed One Big Beautiful Bill Act (OBBBA) modified the Global Intangible Low Tax Income (GILTI) to Net CFC Tested Income (NCTI). GILTI, enacted in 2017 under the Tax…
