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:

Getting Into Compliance with Your Foreign Account Reporting, Part II
Thu, 23 Mar 2017 16:57:00 -0500
March 2017: Client Alert
Wed, 22 Mar 2017 14:46:00 -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