Tax & Accounting Blog

Treaty Exemptions for Business Profits – Part 5: A Fixed Place of Business

Treaty Exemptions for Business Profits – Part 5: A Fixed Place of Business

In order for an enterprise to have a fixed place of business, the place of business must be a building or physical location. The premises need not be owned or leased by the enterprise nor used exclusively by the enterprise. It is enough that the space is at the constant disposal of the enterprise. For … Read More

Data Management Podcast Series: Filing a Month Early? How About Two?

Data Management Podcast Series: Filing a Month Early? How About Two?

Chuck Kamen, Tax Manager from Lehigh Hanson kicks off our best practice data management podcast series with a look at how a very large cement and aggregates company is improving its data collection process and on track to file two months early with fewer resources. Listen here. In this series, some of the world’s most … Read More

TEI Wraps Up 62nd Midyear Conference in DC

TEI Wraps Up 62nd Midyear Conference in DC

4 Days, 500 tax professionals and 35 breakout sessions presented by dozens of industry leaders – together they’re a recipe for success at this week’s 62nd Midyear Conference in Washington, DC. Check out my video recap from the event. The conference kicked off with an engaging general session … Read More

Treaty Exemptions for Business Profits – Part 4: Permanent Establishment

Treaty Exemptions for Business Profits – Part 4: Permanent Establishment

The definition of a permanent establishment may be found in the Permanent Establishment Article (typically article 5) of the applicable treaty. An enterprise has a permanent establishment if it has “a fixed place of business through which the enterprise carries on its business in whole or in part.” It may be a place of management, … Read More

Are you ready for IFRS?

Are you ready for IFRS?

Most of us know, it’s only a matter of time. The move towards a single set of high quality, understandable and enforceable global accounting standards – IFRS – is already underway amongst most of the world’s economies and  before we know it, IFRS will be more or less mandatory for U.S. corporations as well. Some IFRS / U.S. … Read More