Basswood Counsel is a boutique law firm providing hands-on, strategic corporate, mergers and acquisitions, tax, and transactional counsel—designed to navigate complexity with ease. Founded to prioritize meaningful client relationships over formalities, we collaborate with bold leaders across industries, tailoring our advice to support your unique goals and growth.
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When establishing U.S. operations, should an international company use an LLC, corporation, or branch?
In this episode of Under the Basswood Tree podcast, Basswood Counsel partner Chris Klug and Meritxell Mont of Capital Auditors and Consultants discuss why U.S. entity selection involves both legal and tax considerations, particularly for companies expanding across borders.
News and Insights
Doing Business in Spain and the European Union: A Guide for U.S. Companies
Spain can provide U.S. companies with access to both a significant local market and the broader European Union. But successful
IRS Automatic Penalty Relief
The IRS is introducing a new automatic process that will provide penalty relief to eligible taxpayers without requiring a separate
FBAR vs. FATCA: Understanding the Key Similarities and Differences
FBAR and U.S. FATCA are often discussed together, but they are separate reporting regimes with distinct filing requirements, thresholds, and
Understanding U.S. Taxation of Multistate and Foreign Corporations
As businesses increasingly operate across borders and state lines, understanding where tax obligations arise has become more complex than ever.