How to navigate tax compliance across different countries?

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November 18, 2022

by a searcher in Johannesburg, South Africa

Any tips to navigate tax compliance of acquired businesses in different countries under the same holding company? Not sure if anyone here is an accountant with experience in keeping cross-border companies compliant, even though they operate under different tax laws.

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Reply by a professional
from Seton Hall University in Morristown, NJ 07960, USA
My initial note is to do exactly what you are already doing: plan ahead. Second note, use a separate entity in each tax jurisdiction where available and keep good records in these separate entities. Third, recognize that jurisdictions like the US can tax on worldwide income then issue tax credits for taxes paid in other tax jurisdictions. Fourth, revert back to my first note: plan ahead. Feel free to DM if you want to discuss. Best regards, Rich V.
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Reply by a professional
in New York, NY, USA
Diego, email me at redacted Thanks.
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