Professional Legal Translation and Taxing International Partnerships
Legal translation and legal interpreting services come in handy in all international tax matters. Last spring the Treasury Department and IRS published a notice regarding the classification of Subpart F Income Partnership income. According to the notice, certain domestic partnerships will soon be classified as foreign partnerships for purposes of identifying which of the partners are US shareholders within a controlled foreign corporation (CFC). The reason for this is that CFC's are required to include gross income in their filings.
Continue reading "Professional Legal Translation and Taxing International Partnerships" »

