米国の宝くじですが、米国では日本と違い当選者が出なかった場合は当選金が次の抽選に繰り越されるため、当選金の金額が桁違いとなることが多く、2023年7月10日現在、CA州のMEGA MILLIONSと呼ばれる宝くじは１等賞金が$480million (672億円、$1=140円)、Powerballと呼ばれる宝くじは１等賞金が$650million (910億円、$1=140円)となっています。
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ドル高円安等の影響に関わらず、日本から米国企業への買収に関しての税務デューデリジェンスのお問い合わせは引き続き受けています。対象会社の税務リスクを把握することは重要です。今回はデューデリジェンスの一翼を担っている税務デューデリジェンスについてご説明します。対象会社が法人なのかパススルーの会社なのかにより、デューデリジェンスの内容が大きく異なります。また、株式や持分の買収なのか、それとも資産買収なのかによっても大きく異なってきます。以下は対象会社が法人で株式買収の場合の主な調査内容を例として挙げ、さらに買収方法や買収後の検討課題も例に挙げます。
(more…)昨今、経済安全保障問題について活発に報道されるようになり、「輸出規制」という言葉が身近に聞かれるようになりました。輸出規則というと、日系企業にとっては、日本から海外に製品を輸出する際に、日本（自国）の輸出規則の対象となり、あくまでも自国だけの規制と思わている方も多いのではないかと思います。しかし、米国の輸出規則には、「再輸出規則」と呼ばれる制度があり、たとえ日本で製造した製品でも、米国産の製品・部品、ソフトウェア、技術が一定以上含まれている場合や、米国産の技術を使用して製造した製品である場合は、他国へ輸出する際に米国政府の許可が必要になることがあります。このような場合、無許可で製品を輸出してしまい、米国の輸出規則に違反してしまうと、禁固刑や米国製品、技術についての取引が禁止になるといった厳しい罰則があります。日本で製造活動を行っている企業でも、米国産の製品、技術、ソフトウェアを取扱っており、中国、ロシアを含む、米国が規制している国々と取引を行っている場合は、米国の輸出規制に注意する必要があります。
(more…)In June 2022, the National Tax Administration Agency (NTA) announced amendments to the Transfer Pricing Administration Guidelines. The amendments are thought to reflect the January 2022 update to the OECD Transfer Pricing Guidelines on financial transactions, and they revise Japan’s legislation on the treatment of financial transactions and cost contribution agreements (CCA). It should be noted that this may affect Japanese companies operating outside of Japan, including those operating in the United States.
(more…)Transfer pricing is a taxation to set appropriate prices for cross-border transactions with foreign related parties based on the “arm’s-length principle” and to require appropriate tax payment in each country. For example, a transaction in which a U.S. subsidiary purchases a product developed and manufactured by a Japanese parent company and sells it in the U.S. market occurs between related parties. Because of this, the price for this transaction can be arbitrarily determined. In this case, if the sales price from the Japanese parent company to the U.S. subsidiary is too low, the income attributable to this transaction will be transferred from the Japanese parent company to the U.S. subsidiary, resulting in an understatement of taxable income reported in Japan and, conversely, an overstatement of taxable income reported in the United States. Since the income reported in Japan will be understated, if this problem is pointed out during a tax audit, the Japanese Tax Authority will reassess the income based on the correct price and impose additional tax payments, resulting in a double taxation.
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November 20, 2020
Although vote counting continues and legal challenges to the election endure, many news media organizations are projecting that former Vice President Joe Biden will become the 46th President of the United States on January 20, 2021.
The House of Representatives will remain under Democratic control, but control of the Senate is somewhat less certain since the balance of power will be determined in January 2021 following a run-off election for two open Senate seats in Georgia. The run-off is necessary because neither of the candidates in either of the races obtained more than 50% of the total vote count as required by the state’s election law. A win by the two Democratic candidates would shift the balance of power in the Senate from one of GOP control to one where neither party has a majority. In that case, if all Senators vote along party lines (including independent senators who typically vote with Democrats), any deadlock on legislation would be broken by Vice President-elect Harris casting the deciding vote. This tiebreaking potential would also determine the Senate leadership, the ratio of committee memberships between the parties, and the leadership of each committee.
(more…)Companies from around the world sell their products and services into the U.S. market, either directly or through a US subsidiary. These businesses are continually looking for better ways to understand the tax and overall business climate. Many companies investing in the US need to better understand Federal as well as state income taxes. Each state is able to apply its own different tax rules and regulation to businesses that have a taxable presence within their jurisdiction.
This article will highlight the differences between federal and state taxes in the United States.
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The United States is still one of the largest recipients of foreign direct investment and remains an attractive location for foreign businesses. A large amount of this investment comes from places like Japan, Canada, Australia, and the European Union.
One of the main reasons attracting investment is that it is home to the world’s largest economy. Excellent infrastructure; legal protection for corporations; a productive and skilled workforce; and lucrative consumer markets across several sectors make it an attractive place to do business.
Having said that, the US is also known for its highly complex tax system. With extensive tax regulations, all businesses that operate in the US will be subject to its tax laws. As a Japanese outbound business or an entity growing your presence in the US, you will need to navigate your way through sometimes vague and confusing tax requirements on a national, state, and local level.
To help you avoid some common pitfalls when it comes to US corporate taxation, we’ve outlined some of the major considerations that all businesses operating in the US should make, whether you’re simply operating a representative office or establishing a fully owned subsidiary of the parent company.
(more…)We would like to take a moment to inform you regarding the recent corporate tax developments as a result of COVID-19.
有効期限が近付いている米国納税者番号（ITIN）の更新について
2019年8月14日、内国歳入庁 (IRS)は米国納税者番号 (ITIN)の有効期限が近付いている納税者に対してITINを早急に更新するよう通知を発行しました。
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