I Serving Clients
Foreign Companies Doing Business In
The United States.
Any presence in the United States such
as subsidiaries, assets or sending individuals, etc. can trigger sufficient nexus with one or more
of the 50 states and in some local jurisdictions. This allows them to require a company to
register, collect, and remit Sales Tax. Foreign companies may also be subject to federal taxes as
well as those of any of the thousands of state and local taxing authorities.
Foreign companies sometimes falsely
believe that treaties respected by the Internal Revenue Service regarding federal tax breaks will
be regarded by the individual states. States typically do not respect such treaties.
States and local jurisdictions often
set their own laws on what is taxable. With rare exception, states impose Sales Tax and
compensating Use Tax instead of Value Added Taxes ("VAT"). This is further complicated by
the many exemptions and varying tax rates throughout these many jurisdictions.
Foreign companies can try and navigate
these laws themselves or utilize specialists to assist and represent them. Sales Tax Colorado's
focus is on Sales & Use Taxes; however, we may be able to refer you to others with resources to
handle the big picture in relocation and site selection issues. The impact of various taxes and
economic incentives for hiring should be considered when making such important business
At Sales Tax Colorado, we serve
businesses that want to keep their competitive edge by successfully navigating the ambiguous,
constantly changing, and highly intricate maze of Sales & Use Tax regulations.
us today for a no-obligation
consultation about your Sales & Use Tax issues.