Phillips Gold has in-depth expertise in planning to minimize worldwide taxation for its foreign national clients with U.S. activities as well as our U.S. citizen clients with foreign activities. Our client base includes high profile international individuals and businesses with international connections who require cross-border income tax advice. In addition to tax planning, our international clients engage us to comply with the various tax and non-tax information reporting required by the U.S. with respect to their foreign investments and transactions. These services include U.S. tax return preparation which often involves utilization of treaty benefits, totalization agreements. and central withholding agreements, among others.
Our firm has been qualified as an acceptance agent with the IRS and assists clients in obtaining "Individual Taxpayer Identification Numbers". We have also consulted with clients regarding their decision to expatriate from the U.S. and renounce citizenship by providing the advice, information, and document preparation necessary for their expatriation.