Accounting for and managing the domestic disclosure obligations of a foreign wholly owned subsidiary or related entity, can be a complex and costly exercise if it is not managed correctly.
Tax authorities around the world are determined to levy more significant fines and penalties against corporate taxpayers who are not compliant with their domestic filing and disclosure obligations.
CST Tax Advisors is regularly engaged to act for privately owned multi-jurisdictional corporate groups and has significant in country expertise in accounting for, and reporting of, foreign activity of domestically controlled corporations.
In our previous article on the topic of sales tax...Read more
Written by: Peter Harper and Janpriya Rooprai
Illustrations by: Janpriya Rooprai