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International Tax and Financial Reporting

For multinational businesses operating in both the U.S. and foreign countries, managing your organization's financial reporting and tax filings across international borders can be daunting task. 


With over a decade of experience in foreign entity reporting and oversight of foreign accounting resources the staff at BAS Accounting Services provides the expertise that your organization requires to ensure that your financial statements and tax filings meet with the accounting standards stipulated by U.S. accounting regulators and U.S. tax authorities


Applying BAS Accounting Services’ international tax and financial reporting services as a core component of your internal accounting processes and procedures enables your management and staff to more easily and confidently manage each of the following international tax and reporting requirements:


International financial reporting


  • Translation of financial statements from International Financial Reporting Standards (IFRS) to US GAAP 
  • Restatement of foreign currency financial statements in the reporting currency
  • Consolidation of parent company and subsidiaries’ financial statements 
  • Capitalization of investment in subsidiaries
  • Calculation of non-controlling interests
  • Elimination of intercompany transactions
  • Adjustments of balance sheet accounts to fair value 
  • Assessments of international financial reporting processes, procedures and controls


International Taxation


  • U.S. federal, state and local income tax filings for multinational businesses
  • U.S. information tax returns for multinational businesses
  • Foreign tax credits
  • Foreign earned income exclusions
  • Foreign bank accounts
  • Cross-border transactions and withholdings
  • International transfer pricing studies 
  • Income tax treaties


We're here to help you

Contact one of our consultants today regarding your international and foreign reporting needs.


Tel: (571) 499-0415

 

Professional Memberships

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