What is California's unitary method of taxation across state and national borders and how does it affect multi-state and multi-national corporations? The "unitary method" of taxation was developed to replace the "source method" strategy of taxation which would tax income based upon the geographic location where income was actually realized....
Integrated Tax Legal and Business Advisory Services More Important Than Ever
Integrated tax legal and business advisory services are more important than ever as we prepare for changes in the corporate tax code and the impact of international restructuring. Allen Barron's unique blend of comprehensive tax services, legal, business consulting and advisory and accounting expertise allows our clients to engage challenges...
California Waters Edge Election Provides Needed Protections
The California waters edge election provides needed protections for national and international companies with business in the State of California. This important tax strategy is currently threatened by new legislation known as Senate Bill 567. The bill entitled the "Millionaire Tax Accountability Act" was recently proposed to close several "popular...
What is the California Waters Edge Election
What is the California Waters Edge election and how will the proposed changes affect business decisions going forward? Generally speaking California intends to tax any company conducting business in California on all of their company's revenues regardless of where "income" is generated or realized. Presently, the California Waters Edge election...
The California Waters Edge Election
What is the California Waters Edge Election and how does that affect taxation for certain taxpayers with offshore business income and assets? The California water's edge election was established in 1986 and was designed to restrict California's "application of the worldwide combined reporting method of determining income from California sources." Instead...
Tax Implications of Offshore Corporate Ownership
Business today is often global in nature, and San Diego businesses must often be ready to integrate into the global community. How do you structure your companies to do this? What are the tax implications of offshore corporate ownership and investments? The primary questions relate to moving the booking of...
International Challenges Facing San Diego Businesses
Allen Barron is uniquely positioned to support and advise international San Diego business owners and corporations. There are substantial international challenges facing San Diego businesses as well as those who wish to bring their business opportunities to the United States. San Diego is home to a large number of H1-B...