21 Sept: US Expansion Workshop for Scottish International Week 2018 (SIW18)
Our Managing Director Nora Rothrock and Tax Director Dave Daley for a US Expansion Workshop in Edinburgh, Scotland.
With its large consumer market, world-class talent network, vibrant support infrastructure and large pool of capital, the United States remains one of the most attractive markets for any start-up or scale-up that wants to ‘go global’.`
We’re part of Scottish International Week (#SIW18). Partnering with MBM Commercial in Edinburgh, this Scottish International Week breakfast event will be a conversational discussion of US expansion from a panel of people with hands-on experience.
The session will focus on practical issues tax, immigration and legal issues. Register to attend this US Expansion event here.
Scotland’s top export destination
The USA continues to be Scotland’s top international trading partner with around 16% of all our exports entering the States, worth £4.6 billion.
The USA’s size alone — four time zones across 50 states and vast cultural differences across regions — means it has to be treated as a series of regional markets, with different characteristics and business practices.
If you have any questions about #SIW18 email Scott Dalgleish.
Did you Know?
Fact SevenThanks to FATCA banks must disclose their American account holders to the IRS or local tax authority.
Fact SixThe IRS is actively looking for non compliant US persons.
Fact FiveIt takes an average of 16 hours to do IRS Form 1040.
Fact FourThere are over 500 IRS tax forms.
Fact ThreeSince 1916, illegal income has been taxable.
Fact TwoUS persons must file tax returns no matter where they live and work.
Text One7 million Americans abroad
only 500,000 compliant