What is a derivative lawsuit and when is this an effective strategy to resolve shareholder disputes? Are you concerned about the direction of a corporation in which you own a minority position? Are the majority shareholders, executives and Directors leading the business in the wrong direction or making decisions which...
Does Your Domestic Entity Have Foreign Assets
Does your domestic entity have foreign assets which must be reported on the IRS Form 8938? The Foreign Account Tax Compliance Act or FATCA requires many US corporations, LLCs, trusts and partnerships which hold foreign investments or financial assets to disclose them on the form 8938. If a US trust...
California Unitary Method or Waters Edge Election
How does a multistate or multinational corporation approach the question of the California unitary method or waters edge election for tax calculation purposes? The integrated tax, accounting, legal and business service at Allen Barron allow you to receive a more comprehensive answer from a broader perspective, yet detailed as we...
San Diego Corporate Governance and Compliance to Protect the Corporate Veil
You must maintain active and persistent San Diego corporate governance and compliance to protect the corporate veil of your company from creditors. There are many tasks which must be fulfilled throughout the year to comply with California's corporate governance and compliance issues. Many companies have an established governance and compliance...
An Experienced Business Adviser and Consultant
Why does every Olympic athlete still need a coach? Every professional sport in America has a coach or group of coaches who help the athletes to increase their skill and knowledge while improving their performance. The same is true for San Diego business owners. Like a professional athlete every business...
Medtronic Beats IRS in Complex Tax Matter Involving Transfer Pricing
Medtronic PLC, a medical device manufacturer who used to have operations in Puerto Rico, has defeated the IRS in US Tax Court, resolving a $1.4 billion dispute. The key issue in the case centered on transfer pricing - transactions between different divisions or companies owned by the same corporation or...