#international-tax
Cross-border tax compliance, foreign income reporting, and US international tax obligations for individuals and corporations
Ecuador's SRI automatically recategorized roughly 70,000 RIMPE taxpayers on July 1, 2026 — about 14,000 moved from Negocio Popular to Emprendedor and 56,000 were pushed into the General Tax Regime — here's how to check your new bracket and what changes.
A 1% federal excise tax applies to cash-funded international money transfers starting January 1, 2026, but bank, debit, and credit card transfers are exempt — here's how small businesses can avoid it.
Belgium requires structured B2B e-invoices via Peppol from January 1, 2026; France follows September 1, 2026; Poland's KSeF phases in February–April 2026; Germany mandates issuing in 2027–2028. What US exporters and SaaS sellers must do — required formats (UBL, Factur-X, XRechnung), network access, and penalties up to 100% of the invoice's VAT.
The EU's Non-Union OSS scheme lets US freelancers and SaaS founders selling digital products to EU consumers file one quarterly VAT return instead of registering separately in all 27 member states.
A 2026 walkthrough of W-9 collection, IRS e-Services TIN matching, the 24 percent backup withholding trigger, CP2100 B-Notice timelines, Section 6721 penalty defense, and W-8BEN handling for small businesses paying contractors.
How indie and hybrid authors should track royalties from KDP, ACX, IngramSpark, Patreon, and Kickstarter, classify editors and narrators as 1099-NEC contractors, capture foreign withholding tax under treaty terms, and apply ASC 606 to crowdfunded pre-orders.
A 2026 walkthrough of Form 5471 after the One Big Beautiful Bill Act — QBAI is repealed, GILTI becomes NCTI, the Section 250 deduction drops to 40%, the FTC haircut tightens to 10%, and the pro rata share rule moves to daily ownership. Covers all five filer categories, Schedules J/M/P/Q, Form 8992 and 1118 coordination, Section 989 currency translation, and $10,000-per-CFC penalties.
How freelance translators, court interpreters, and small LSPs should structure their books — entity choice, CAT-weighted revenue, ASC 830 FX accounting, ABC-test worker classification, multi-state nexus, and the KPIs that actually drive per-word yield.
Section 988 of the Internal Revenue Code makes foreign-exchange gains and losses ordinary, not capital. Importers, exporters, and remote workers paid in euros or pounds get full ordinary-loss deductions with no $3,000 cap, a same-day election to convert forward-contract gains to capital, and a $200 per-transaction de minimis exception for personal travel currency.
Form 3520-A is the annual information return for a foreign trust with a U.S. owner, due March 15. If the foreign trustee does not file, Section 6677 imposes an initial 5% penalty on trust assets plus $10,000 per 30-day continuation period — payable by the U.S. owner. Covers who files, the substitute filing path, the reasonable-cause defense, and how to clean up multi-year non-compliance.
Section 7874 imposes a 10-year inversion-gain floor when former U.S. shareholders own 60-80% of a new foreign parent and reclassifies the parent as a domestic corporation at 80%. The only escape is the substantial business activities safe harbor, which requires clearing a 25% bright-line threshold on employees, tangible assets, and gross income in the foreign country.
How willful non-filers, crypto whales, and offshore account holders use IRS Form 14457 to trade criminal exposure for a defined six-year civil resolution under the Voluntary Disclosure Practice — including the December 2025 proposed framework, disqualifying traps, and when to choose Streamlined or DIIRSP instead.
