In this episode of the Tax Savvy podcast, our host Craig Fouts of Align Tax Consulting speaks with international tax lawyer, Sean King about the evolving landscape of global business and taxation. Sean shares insights from his extensive experience in the field, discussing the challenges and opportunities faced by companies operating across borders. Key topics include the importance of transfer pricing, the impact of recent tax legislation, and the trend of reshoring operations back to the U.S. The conversation emphasizes the need for collaboration among trusted advisors to navigate the complexities of international tax compliance and business strategy.


Key Takeaways:

• Transfer pricing is a critical compliance issue for multinational companies.
• Recent tax legislation has created both challenges and opportunities.
• Reshoring operations can lead to significant tax implications.
• Collaboration among advisors is essential for client success.
• Companies must revisit transfer pricing documentation after supply chain changes.
• Inbound investment in the U.S. is currently high due to various initiatives.
• Understanding local tax implications is crucial when exiting foreign jurisdictions.

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