International Tax & Business

Hone Maxwell LLP’s International Tax & Business practice spans the world, with especially strong presences in Asia, including Singapore and Hong Kong, and Latin America, including Mexico and Colombia. HMLLP’s international tax and business attorneys provide knowledgeable and experienced tax planning, business structuring, outside counsel, tax compliance and tax controversy services to U.S. companies and individuals, as well as foreign individuals and entities entering the U.S. market. The firm’s international attorneys counsel clients on all tax and business aspects of cross-border transactions and family planning, ensuring the most tax-efficient structures for international business.

HMLLP attorneys understand other countries’ tax and business rules and regulations, and the people and cultures that influence their business communities. The international tax attorney team, which is almost entirely bilingual, prioritizes spending time abroad because they recognize the value this brings to clients when we advise on foreign investment, tax consequences, international transactions and tax disputes.

HMLLP’s International Tax & Business practice provides counsel on:

  • U.S. International Compliance: Helping clients meet complex U.S. reporting requirements for foreign income, assets, entities and accounts. Includes FBAR, FATCA and NCTI/GILTI compliance.
  • U.S. Business Consulting: Assisting clients in overseeing all U.S. legal and business needs, including formations, M&A, contracts and outside counsel services regarding additional service providers.
  • Amnesty Programs: Helping correct international tax reporting issues through IRS amnesty options, including streamlined filing procedures, delinquent FBAR submissions and reasonable cause arguments.
  • International Tax & Asset Planning: Strategic planning for clients with cross-border assets and American family members or beneficiaries, helping minimize tax liability, ensure compliance and protect wealth. Services include pre-immigration planning, trust setup and international estate structuring tailored to meet personal goals while navigating U.S. and foreign regulations.
  • Taxation of Foreigners: Advising foreign individuals and businesses on U.S. tax obligations, including entity selection, proper structuring, treaty benefits and reporting requirements, to avoid penalties and optimize their U.S. tax position.
  • Foreign Oversight: While our attorneys only advise on U.S. law, we help find the appropriate local representatives and liaisons through our global network of professionals.
  • Qualified Small Business Stock (QSBS) Planning: Helping founders and investors maximize Internal Revenue Code section 1202 tax benefits through proactive planning before financing rounds, ownership changes and business exits.
  • Global Private Counsel: Coordinating worldwide advisors and providing on-the-ground representation for global families and businesses navigating complex international business, tax and legal obligations.

Whether you are a foreign investor entering the U.S. market for the first time or a U.S. taxpayer with overseas assets, HMLLP delivers tailored international tax solutions that align with your business goals and personal circumstances. Our cross-border legal and tax guidance covers international business formation, inbound and outbound investment structuring and multinational compliance strategies. We understand the legal and financial challenges that come with global operations and provide proactive planning to reduce tax exposure and avoid compliance pitfalls.

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International Tax & Business FAQs

What does an international tax lawyer do?

An international tax lawyer helps individuals, families, investors, and businesses navigate cross-border tax issues, including foreign asset reporting, international tax compliance, offshore disclosures, international business taxation, and global tax planning.

Who needs an international tax attorney?

You may need an international tax attorney if you own foreign bank accounts, foreign businesses, offshore investments, international real estate, foreign trusts, or earn income in multiple countries. International tax counsel is also important when dealing with IRS compliance issues involving foreign assets.

Do U.S. citizens have to report foreign income and foreign assets?

Generally, yes. U.S. citizens and many U.S. residents are required to report worldwide income and may have additional reporting obligations for foreign bank accounts, foreign financial assets, foreign corporations, and other offshore holdings.

Can an international tax lawyer help with FBAR and FATCA compliance?

Yes. International tax attorneys regularly assist clients with FBAR filings, FATCA reporting, foreign asset disclosures, offshore compliance matters, and correcting prior reporting failures.

How can an international tax attorney help me avoid double taxation?

International tax planning may involve foreign tax credits, tax treaty analysis, entity structuring, and other strategies designed to reduce the risk of paying tax on the same income in multiple countries.

Can an international tax lawyer help with foreign business ownership?

Yes. U.S. owners of foreign corporations, partnerships, and international business interests often face complex tax rules and reporting requirements, including NCTI (formerly GILTI), Subpart F, Form 5471, and other international compliance obligations.

What types of international tax matters does Hone Maxwell LLP handle?

Hone Maxwell LLP advises clients on international tax compliance, FBAR and FATCA reporting, offshore disclosures, foreign business ownership, international estate planning, expatriation, cross-border tax planning, international tax controversies, and global wealth structuring.