A myriad of complex rules apply to foreign income derived by United States persons – such as income derived by Foreign Grantor Trusts, Grantor Trusts, Controlled Foreign Corporations and Passive Foreign Investment Companies. In addition the requirements of the Foreign Account Tax Compliance Act (FATCA) has made tax reporting and compliance a critical issue for U.S. persons – where significant administrative penalties can be levied by the Internal Revenue Service for non-compliance or late lodgement.
The complexities of international tax compliance can create significant challenges for those who have not been well advised or who are simply not aware of their obligations.
Our personal tax advisory services are designed to meet your tax advisory needs – both in the US and overseas.Find out more
We are an international accounting firm that provides commercially relevant international tax advice.Find out more
We prepare the full range of U.S. personal tax and information returns.Find out more
The U.S. taxes its permanent residents, citizens, and substantial resident aliens (collectively residents) on a worldwide basis.Find out more
We care. Asena’s guiding philosophy is to understand and have empathy with our clients while providing specialist professional tax advice and services. If you need integrated cross border tax advice and compliance our renowned team is able to help you.
Our personal level of service ensures that whatever your requirements you are treated in a manner that recognises you for who you are. We have specialist resources that have the technical and industry knowledge to provide both professional advice and practical solutions.
Through a combination of academic qualifications and practical experience our professionals are able to provide you with guidance and solutions to a wide range of tax, business and accounting issues. Our view is that by us ‘integrating’ your home country tax issues with your arrival country tax issues you will be in a better position than working with different service providers.
In our whitepaper, The Expansion of “United States” Taxpayers: How...Read more
In our blog post titled “Owning” Shares that aren’t Yours:...Read more