For individuals with international tax obligations, identifying and capitalizing on every foreign tax credit opportunity can be hugely complex. Key opportunities must be captured on the return without inadvertent oversights that can lead to significant risk.
Two private charitable endowments frequently used by high-net-worth taxpayers are Donor Advised Funds (DAFs) and private charitable foundations. Due to their popularity in recent years and potential for abuse, both have become areas of review for Congress.
In the aftermath of the COVID-19 pandemic when many art galleries were closed and art fairs and shows were canceled indefinitely, the latter are seeing a comeback across the United States and particularly in major art markets such as California, Florida and New York. The art pop-up provides both the burgeoning artist and seasoned art dealer a space to engage with art enthusiasts looking to expand their collection and first-time buyers who are stepping excitedly into the art world. Shows like the Superfine Art Fair in Los Angeles, Miami, New York City and San Francisco bring together over 130 emerging artists from across continents and targeted and prequalified buyers over a four-day period. Art Basel, held annually in Miami, provides a space for renowned and emerging art galleries to exhibit modern and contemporary pieces.
Andersen Global establishes legal capabilities and strengthens overall coverage in Australia through a Collaboration Agreement with leading law firm Cornwalls.
Andersen Global initiates further expansion into the Scandinavian region through a Collaboration Agreement with Iceland-based law firm, Lagastod.
Nearly all countries outside the United States impose a Value Added Tax (VAT), also called Goods and Services Tax (GST) or Consumption Tax (CT).
Andersen Global strengthens its Canadian presence through a Collaboration Agreement with Toronto-based tax firm Trowbridge Professional Corporation, further enhancing its seamless service capabilities in Canada.
Andersen Global strengthens its global presence in East Asia through a non-exclusive Collaboration Agreement with the full-service law firm Lee & Ko, extending the global organization's reach into South Korea.
Andersen Global expands its presence into France through a Collaboration Agreement with Squair, enhancing coverage in the European region to meet client needs in a seamless manner.
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