International

Paul Manafort, the former campaign chairman to President Donald Trump, was indicted by a federal grand jury on October 27, 2017. Counts three through six of the indictment are for his failure to file reports of foreign bank and financial accounts for calendar years 2011-2014....

The U.S. attracts foreign investment and entrepreneurs by providing various incentives in the tax code for starting and expanding American businesses. It can also contain traps, however, for the poorly advised. The following is a brief overview of the U.S. tax laws as they apply...

On September 13, 2017, The Trump administration accepted the recommendation from the Committee on foreign investment in the United State[1] (CFIUS) and blocked the purchase of a U.S. semiconductor company (“Lattice”) by a Chinese investment firm (“Canyon Bridge”), citing national security concerns for reasons including: •...

The International Entrepreneur Rule (the “IER”) was created by an executive order by the Obama administration just three days before the former president left office and is set to go into effect on July 17, 2017. If IER become effective, it would allow eligible foreign...

Jack Ma, CEO of the Alibaba Group, recently met with President Trump to discuss the Chinese company's expansion plans in the United States.  Mr. Ma indicated the focus of the meeting was on supporting small U.S. businesses to sell their goods to China and Asia...

The accounting definition of “variable interest entity” (VIE) means an entity in which an investor holds a controlling interest that is not based on owning the majority of voting rights.  To non-accountants, the VIE structure is a business structure that is widely used by Chinese...

Some might say that the last thing federal prosecutors need in their large toolbox of potential charges is more leverage in prosecuting federal cases. But following a recent Supreme Court ruling on the scope and applicability of the Racketeer Influenced and Corrupt Organizations Act (RICO)...

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