March 23, 2020
ECOVIS Global published an article by Tax Manager Ragini Subramanian, about taxation of partnerships between U.S. and foreign companies, when the foreign partner wants to sell shares.
ECOVIS Global
By Ragini Subramanian, Manager, Tax & Business Services
Excerpt:
The partnership is also exposed due to increased compliance requirements and should consider amending its operating agreements to provide for adequate exchange of information, to allow for proper withholding and preparation of certifications in the event of the transfer of a partnership interest.
