Compensation payments to nonresident alien individuals (NRAs) are subject to different withholding, income reporting and liability requirements than those that apply to U.S. citizens, permanent residents and resident aliens.

Worldwide income is typically subject to U.S. federal income tax, though exceptions and special rules may apply.

Nearly all countries outside the United States impose a Value Added Tax (VAT), also called Goods and Services Tax (GST) or Consumption Tax (CT). A physical presence in a VAT jurisdiction is generally not required to be liable for VAT.

Andersen Managing Directors Deanne Morton and Jin Choi are speakers at the TEI Vancouver Chapter Event on March 4, 2025, at the Vancouver Club.

Andersen Managing Director Deanne Morton with Andersen’s Tax Controversy practice is among those with principal responsibility for preparing Comments on Proposed Amendments to Circular 230 and Regulations Governing Practice Before the Internal Revenue Service

While interest rates and the rate of inflation have trended downward over the last couple of years, both measurements remain high relative to recent cycles. With the 2025 tax season upon us, successful business tax planning requires being informed and adaptable to the dynamic economic environment.

Private company stock secondary transactions have significantly increased over the last several years due to market trends, such as delayed initial public offerings (IPOs) for private companies, increased demand for liquidity among employees and early investors.

Many tax professionals and their clients have on their minds the favorable individual and estate tax provisions enacted under the Tax Cuts and Jobs Act (TCJA) of 2017 set to expire at the end of 2025.