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Member Articles


Value Added Tax – Implemented in The Bahamas – January 2015

Contact: Delaney Partners (Bahamas) The Government of The Bahamas has implemented Value Added Tax ("VAT") effective 01 January 2015. It is mandated by law that VAT be charged upon all invoices issued in The Bahamas in ...

Are Passive Foreign Investments Too Good to Be True?

Contact: Ray Polantz, Cohen & Company (Ohio, USA) "Invest in tax-free offshore funds!" Sounds great, right? Each year, many U.S. investors fall for these familiar sales pitches. Other investors are simply looking to ...

Avoiding Double Tax on Overseas Profits

Contact: Ray Polantz; Cohen & Company (Ohio, USA)   Doing business internationally is practically a necessity to survive in today's competitive business environment. Many companies find that setting up a separate ...

“Common Carrier” and “Sale for Resale” Tax Exemptions Denied to Lessor of Aircraft

Contact: Gardiner Davis; Spencer Fane Britt & Browne LLP (Missouri, USA)   The Missouri Administrative Hearing Commission has held that a lessor of an aircraft does not qualify for the “common carrier ...

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