International & Cross Border

Some of the most complex tax issues arise from global wealth. No two situations are alike. Whether you are a U.S. citizen or resident going abroad, a family immigrating to the U.S., or an entity making investments overseas, Andersen offers the expertise necessary to assist you with the complexities of your international tax, estate planning, financial planning, and accounting needs.

We assist clients with international and cross-border matters in the areas of:

• Foreign Investments, Property, and Businesses: If you are making investments in financial assets, real estate, or business overseas, Andersen can assist you in maximizing foreign tax credits and reducing the impact of U.S. taxes on the foreign income. Our clients also benefit from the fact that we can assist by structuring the ownership from a wealth transfer planning perspective.

• Inbound Investment Planning: For Non-Resident Aliens and Non-U.S. Families investing in U.S.-based assets (e.g., U.S. real estate or venture capital) or investing in the U.S. through non-U.S. entities, Andersen provides comprehensive solutions to the international tax and wealth issues this can create. Our advisors have the experience and technical knowledge in this space where regulations are complex and numerous, and no two situations are alike.

• International Estate Planning: It is important to consult with professional advisors who are knowledgeable in U.S. foreign reporting requirements and well-versed with IRS disclosure procedures.

• Pre-Immigration & Expatriation Planning: Dealing with IRS international penalties and administration is similar to navigating a minefield.  Taxpayers face significant financial and criminal penalties at every turn for taxpayers.

• Tax Residency Issues: Individuals and families who immigrate to the U.S. require significant and comprehensive planning. Andersen takes a holistic approach, understanding the client’s global financial position, family situation, and overall financial objectives. Our clients choose us because we don’t just look at their tax returns, we look at their entire financial position.

• Offshore Voluntary Disclosure: The IRS Voluntary Disclosure Program (VDP) is offered by the IRS’ Criminal Investigation unit for taxpayers whose non-disclosure might have been willful, or for taxpayers who do not otherwise qualify for streamlined procedures. With this option, the taxpayer must make a complete submission of all forms and related tax, interest, and late penalties derived from unreported offshore income and assets.