International financial reporting standards…tax treaties…market trends…While these are only a few common challenges facing most companies doing business abroad, there are a myriad of other complex issues specific to each country, industry and transaction type.
While the largest companies are served by equally large professional services firms, today’s mid-tier businesses often find it challenging to get the right mix of services, professional advice and responsiveness. Assistance with cross-border financial reporting, tax planning and compliance, as well as consulting represent service needs that even small businesses seek to meet their business objectives.
To help today's global mid-tier companies address these issues and more, both UHY Advisors and UHY LLP, along with independent UHY International member firms operating in more than 75 countries, work together to meet the evolving demands for capabilities virtually anywhere in the world.
To inquire about our international capabilities and service offerings, please contact us.
The Tax Foundation released a study called the International Tax Competitiveness Index, in which our great nation ranked 32nd out of 34 countries in the Organization for Economic Cooperation and Development in relation to tax competitiveness. The study compared tax systems using over 40 variables in five categories: corporate taxes, consumption taxes, property taxes, individual taxes and international tax rules. The study claims that the US individual income tax system is poorly structured, confusing and has high rates.
Businesses in the US are paying out 8.8 percent of their employees’ annual salaries in social security and other so-called employment “taxes”, according to a new study by UHY, the international accounting and consultancy network.
We welcome Hassouneh Auditing Firm in the Palestinian territories to the global accountancy network UHY, extending our coverage within the EMEA region.
UHY, the international accounting and consultancy network, has elected Bernard Fay as the new chairman of UHY, following 17 years as a UHY Board Director. With Bernard’s election, the UHY network will be led for the first time by a Director from outside its founding countries, the USA and UK, reflecting the increasingly international mix of the work undertaken by member firms. Bernard Fay has been on the UHY Board for nearly two decades and plans to lead expansion of the network’s footprint, focusing on UHY’s unique strengths: its people and their collaborative spirit.
We welcome Canahuate Calderon & Asociados, a new additional member firm in the Dominican Republic, to the global accountancy network UHY, extending our coverage within the Caribbean.