Moving abroad is an exciting venture, but it comes with important financial considerations, especially when it comes to taxes. Careful tax planning can help you navigate the complexities and optimize your financial situation before making an international move. Here are some factors to consider before taking that leap.
Businesses who are subject to Virginia income tax may need to file a one-time Unitary Business Report by July 1, 2021. If your company is required to file this report but fails to file by July 1, your business will be subject to a $10,000 fine. This new filing requirement affects businesses that are part of a “unitary business.”
Subscribe to our blog, and we'll send articles straight to your inbox when they're published.