It is the beginning of a new year which leads to reflection and goal setting. As auditing professionals, it is important to question performance and how to keep improving in the vocation, which makes us wonder: is our firm inspired, or are we simply in the market to meet accounting, tax and legal regulations?
For U.S. companies undergoing international expansion, there are a number of important issues to consider prior to commencing operations in a foreign jurisdiction. A principal consideration is the type of foreign entity through which the U.S. company will be conducting its activities in foreign markets, as this could materially affect overall taxation.
