Moving Management and Control of a Foreign Corporation to Achieve Favorable U.S. Tax Results

The Florida Department of Commerce has released its initial set of proposed Rules for implementing part of SB 264 (Chapter No. 2023-33, Laws of Florida). The proposed Rules only apply to Section 692.203, Florida Statutes, relating to the purchase of real property on or around military installations ...

On August 17, 2023, Judge Allen Winsor of the U.S. District Court of the Northern District of Florida denied the Plaintiffs’ motion for temporary injunction in Shen v. Simpson, Case No. 4:23-cv-208-AW-MAF, the pending challenge to SB 264 (Chapter No. 2023-33, Laws of Florida). The controversia...

This article provides an overview of the Corporate Transparency Act (the Act), its impact on common international private client structures and what private clients from Latin America should be advised to do in preparation for the implementation of the Act.