International tax planning – advice for businesses

When running a business abroad you want to save the most of your earned profits and reap any possible tax benefits that are available to you. Generally an international tax expert will provide you with options, explanations, and help you fill forms when it comes to international taxes.

What are two basic international tax planning strategies?

The two key strategies when it comes to international tax planning strategies – repatriation strategy and reinvestment strategy.

Repatriation strategy

This may be the process of returning something of symbolic value to your country of origin instead of paying taxes or in order to achieve a lower taxes. For example this may be a stock, land or other valuable goods that equal the amount of your taxes.

Reinvestment strategy

Reinvestment strategy refers to using your tax earnings and investing them back into your business for example to purchase more commercial property or machines etc. You can also decide to invest in the stocks.

What are some goals to keep in mind when it comes to international taxes?

Some things to keep in mind when coming to filing international taxes include:

• Getting a low tax rate in order to have more money after taxes to reinvest in your business
• Avoid any losses that could be trapped in a foreign market
• Flexibility to utilise money within a given structure when it is needed
• Getting no or low taxes on passive forms of income payment such as dividends, interest & royalties
• Avoiding double taxation for profits earned abroad
• Avoid anti-deferrals

Where can I get advice from a professional international tax adviser?

Our international tax experts provide services for clients from areas such as London, Brighton, Bournemouth, Crawley, Worthing, Eastbourne, Hastings, Tunbridge Wells, Horsham, Winchester, Bexhill, Aldershot, Littlehampton, Chichester , East Grinstead, Reigate, Redhill, Lewes, Leatherhead along with the rest of the UK.