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  According to the U.S. Tax Foundation, with admittedly outdated information from the year 2014, there were 1.7 million traditional C corporations, compared to 7.4 million partnerships and S corporations; even more sole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