October 29, 2020

Employee or independent contractor: Whats the difference?

  When I speak with location independent entrepreneurs and expats, the issue of employee vs contractor frequently comes up. There is no uniform test to distinguish employees from independent contractors. Government agencies such as the IRS, the U.S. Department of Labor (DOL), and the National Labor Relations Board (NLRB) each look at their own set […]

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Tax Planning on U.S. inbound investment

Acquisitions (from the buyer’s perspective) Tax treatment of different acquisitions What are the differences in tax treatment between an acquisition of stock in a company and the acquisition of business assets and liabilities? Taxable acquisitions Stock acquisitions –All assets and liabilities of the target as they exist immediately prior to the closing are assumed in

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Potential Economic Impact of the Pandemic – Lessons from 2009 H1N1 / Swine Flu Pandemic

Within the past one hundred years, four pandemics have resulted from the emergence of a novel influenza strain for which humans possessed little or no immunity: – the H1N1 Spanish flu (1918), – the H2N2 Asian flu (1957), – the H3N2 Hong Kong flu (1968), and – the H1N1 swine flu (2009). Most of this

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Potential Economic Impact of the Pandemic – Periodic Social Distancing?

This section largely references Mark Blyth research.  He is a William R. Rhodes ’57 Professor of International Economics at Brown University. He is a co-author, with Eric Lonergan, of 2020 Angrynomics. I also reference Gideon Lichfield from MIT. Two competing epidemiological models currently guide and divide expert opinion on how best to respond to the novel coronavirus. – The

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Entrepreneurship is dead. Long live Entrepreneurship in the Post Pandemic World

Take Aways 1, There is no doubt that in the last couple decades, labelling oneself an “entrepreneur” has become “a thing”. Cheap debt and easy funding has indeed made it possible for “entrepreneurs” to create “pre revenue” businesses.  Controversially, we have seen businesses with no clear plans for making a profit enjoy billion-dollar valuations. 3.The

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Taxation of Digital Products

  For background, please read – US – https://htj.tax/2019/10/navigating-post-wayfair-world.html EU – https://htj.tax/2019/10/distance-selling-in-eu.html Digital Nomads in Asia – https://htj.tax/2018/04/tax-responsibilities-of-digital-nomads.html US Digital Nomads – https://htj.tax/2018/03/non-us-digital-nomads-working-for.html Taxing remote businesses For a government to levy corporate tax on a foreign firm, tax rules require a “nexus” or link between the taxpayer and the taxing jurisdiction, typically in the form of physical presence such

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