Category: General Members News

The Tax Cuts and Jobs Act (TCJA) Repatriation Tax and GILTI Tax were created to tax corporate profits kept for a long time out of the reach of the U.S. Treasury and to help level the international tax playing field for U.S. multinational corporations. They were never meant for the undeclared profits of small and medium-size businesses owned by Americans abroad. The taxes have had a serious financial impact on American small business owners abroad.

Most powerful geostationary satellite to operate at 19.2 degrees East will deliver content from SES’s prime TV neighbourhood to 119 million households across Europe.

The LACC and the LTIO New York recently hosted “A Farewell & Thank You” gathering honoring Consul General and Executive Director of LTIO New York, Paul Steinmetz, who will be finishing his post later this summer.