This is the fifth in a series of articles on the US taxation of shipping income, and begins the explanation of USSGTI obligations. Next week, we will discuss exemptions from the tax available pursuant to Section 883. Future articles will cover the “look through” rule and what must be done to comply with the filing requirements…
DetailsThis is the fourth in a series of articles on the US taxation of shipping income, and explains treaty exemptions from the tax, what they are, how companies qualify and what must be done to comply with the filing requirements associated with the treaty exemption. With very few exceptions (Greece is one of the exceptions),…
DetailsThis is the third in a series of articles on the US taxation of shipping income, and explains treaty exemptions from the tax, what they are, how companies qualify and what must be done to comply with the filing requirements associated with the treaty exemption. As the first two articles in this series explained, the…
DetailsThis is the first in a series of articles on the U.S. taxation of shipping income. The series will present a brief refresher course on the U.S. tax, what it is and what it covers, how the exemptions work, and the compliance and filing requirements. This first article offers a general introduction to the history of…
DetailsThis article describes a combination of resources available to small and medium sized US-based businesses exporting to foreign markets, through a range of US tax incentives and governmental financial and insurance products. Many small to medium size businesses do not utilize these governmental resources at all, or at least not to the extent they otherwise…
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