August 10, 2020
Ecovis Global published an article by International Tax Services Co-Leader Mark Chaves, about the use of U.S. protective income tax returns to secure deductions against U.S. gross income.
Ecovis Global
By Mark Chaves, Co-Leader, International Tax
Excerpt:
Marcum’s advisers recommend that every foreign corporation with some presence in the US, even if limited, should consider filing a protective income tax return to secure its ability to claim deductions against US gross income.
