Corporate Taxes, Income Taxes, Technology Sector

Delaware Franchise Tax

Manatt, Phelps & Phillips, LLP on 10/23/2020

What is a franchise tax? A franchise tax is an annual tax a business entity is required to pay in a given jurisdiction as a result of being formed or organized, or for doing business, in that jurisdiction. In Delaware, the...more

Looking for a GILTI-Free Structure? Try Estonia

Bilzin Sumberg on 4/1/2019

Estonia, the small Baltic country of just 1.3 million people situated halfway between Sweden and Russia, was named “the most advanced digital society in the world” by Wired magazine. According to recent figures, Estonian...more

Tax Reform: What Does the Tax Cuts and Jobs Act Mean for the Technology Industry?

Schwabe, Williamson & Wyatt PC on 1/10/2018

The Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law by President Donald Trump on December 22, 2017. The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to...more

Revised Senate Tax Reform Bill Represents Win for Technology Sector

Fenwick & West LLP on 11/17/2017

Paving the way for a net-win for technology companies, Senate Finance Committee Chairman Orrin Hatch (R-Utah) released a modified chairman’s mark to the Tax Cuts and Jobs Act that brings treatment of equity and...more

Circular on Pilot Tax Policies for Venture Capital Firms and Individual Angel Investors

Sheppard Mullin Richter & Hampton LLP on 5/26/2017

In order to promote the sustainable and healthy development of venture capital investment, the Ministry of Finance and the State Administration of Taxation have jointly promulgated the Circular on Pilot Tax Policies for...more

Use of Estonia in U.S. International Tax Planning

Bilzin Sumberg on 8/24/2015

According to recent estimates, Estonia, which is situated halfway between Stockholm and St. Petersburg, currently has more than 350 start-up technology companies – one for every 3,700 citizens – and the government expects...more