The “965 Hammer” (aka the “Transition” or “Repatriation” Tax) for USCs Residing Overseas

Small businesses around the world commonly operate through companies established in their country of operation.¬† According to the U.S. Tax Foundation, with admittedly outdated information from the year 2014, there were¬†1.7 million traditional C corporations, compared to 7.4 million partnerships and S corporations; even more sole proprietorships operating in the U.S. I could not find … Continue reading The “965 Hammer” (aka the “Transition” or “Repatriation” Tax) for USCs Residing Overseas