Articles By: Matthew Brodnan

Ways to Tax Foreign Income Earned by Foreign Subsidiaries

International tax

Multinationals earn income through foreign subs all over the world. The parent company is basically creating a separate legal entity in another country and earning that income in the foreign country. Countries are faced with the difficult task of taxing this income that is in a separate legal entity and earned in another country. Countries… Read more →

The Basics of Crummey Trusts

Crummey Trust

A Crummey trust is a vehicle that allows parents to take advantage of tax planning through the use of the annual exclusion gift while also not handing over large amounts of money to their minor children. The annual exclusion gift currently allows a person to make gifts of $13,000 each year to as many people… Read more →