Branch profits tax

This additional income tax is imposed by the IRS on foreign companies that earn profits from their U.S. business operations. Foreign companies pay the BPT as well as the normal income tax on their U.S. profits. You calculate it as a percentage of after-tax profits.

A foreign corporation that is engaged, or determined to be engaged, in active conduct of a U.S. trade or business is subject to the Branch Profit Tax.

Branch Profits Tax -- Basic Rules:

Tax Topics Blog

Marijuana Accounting and Legal Compliance

Mon, 3 Jul 2017 19:08:00 -0500

The Cannabusiness Plan

Fri, 30 Jun 2017 18:55:00 -0500
Marijuana Accounting and Legal Compliance
Mon, 3 Jul 2017 19:08:00 -0500
The Cannabusiness Plan
Fri, 30 Jun 2017 18:55:00 -0500

Request a Consultation

   
Our Team   |   Disclaimer   |   RSS   |   Privacy
© Copyright 2007, 2016 Moskowitz LLP all rights reserved.
   
 
 
Linkedin icon   Twitter iconHTML5 Validation
Intelligent Design by: Shawn Hyde