in english

At the end of the 1930’s the Swiss Community, visualizing the world-wide political crisis that was about to take place, created the mechanism necessary to establish a secure environment in which to attract members of the private banking sector. Its … Read More

There one main reason to hold United States bank deposits and U.S. real estate investments in foreign corporations: estate planning. Once use of a foreign company to hold deposits or real estate is determined; the British Virgin Islands appears to offer … Read More

On December 17, 1996, the IRS and the Treasury Department issued Regulation 7701, which replaced the old « four factors », for classifying entities considered as companies for federal tax purposes. This new regulation is known as the « check the box «  (CTB). Under … Read More

The choice of business entity for a foreign national establishing a joint venture in the U.S. is essentially between a corporation, a partnership or a limited liability company. A corporation is created when the proper state authorities issue a charter. … Read More