Season 2 Episode 3: Going Global: Tax & Compliance Considerations for U.S. Businesses Overseas

Thinking about expanding your business beyond U.S. borders? In this episode, we explore the key tax and compliance challenges that U.S.-based companies face when operating internationally. From foreign tax obligations and reporting requirements to navigating international trade laws and local regulations, our experts break down what businesses need to know to stay compliant and competitive abroad. Whether you're just starting to explore global markets or already operating overseas, this episode is packed with practical insights to help you avoid costly mistakes.

In this episode, we discuss:

• 00:00 Introduction
• 02:05 Differences Between Opening Up Shop Abroad and in the U.S.
• 04:27 Assembling Your Local Team
• 05:41 Currency Risk Management
• 08:38 Foreign Entities and Local Tax Landscapes
• 11:54 Alleviating Double Taxation
• 14:16 Leveraging Losses
• 16:29 Ownership Thresholds and Phantom Income
• 18:38 Anti-Deferral & "Shenanigans": The Goal of Subpart F
• 19:47 The OB3 Era: Navigating the Shift
• 23:51 Permanent Establishment: The "Nexus" of International Tax
• 26:58 Treaty Protection: Eligibility and "Shenanigans" (LOB)
• 30:24 U.S. Considerations and Reporting Requirements
• 32:54 Calculating Foreign Tax Credit
• 34:48 The "Team" Approach: Business Strategy Over Tax Tactics