A final rule designating what types of legal entities will be required to report information about their beneficial ownership was recently issued by the US Treasury Department’s anti-money laundering unit. This government initiative is an attempt to uncover corrupt companies that are enjoying the benefit of anonymity. It is worth mentioning that the final rule …
This event is the largest Venture Capital and Private Equity meeting in Latin America The attorney specializing in international operations and partner at Drummond Advisors, Pedro Drummond, will be one of the speakers at the ABVCAP 2022 Congress, which will take place on November 8 and 9 at the Belmond Hotel Copacabana Palace, in Rio …
Drummond Advisors participates in the ABVCAP 2022 Congress Read More »
Approved in 2020 as part of the money laundering act, the Corporate Transparency Act (CTA) has increased reporting coverage for most corporates in the US. The CTA emerges as a joint attempt by different government areas to combat money laundering and other illicit activities and align reporting requirements with international standards. The CTA fights against …
By: Fabiana Guerra, Chris Costa and Louanni Ribeiro The L visa is an employment visa whose purpose is to allow the transfer of employees (specialist professionals, managers and executives) from a foreign company (for example Brazilian) to its affiliate in the USA, including when this affiliate was established less than a year ago or is …
L Visa for a New Office – The importance of the US office’s size and location Read More »
Always active in initiatives aimed at promoting gender equity, Drummond Advisors joined the Positive Women (Mulheres Positivas) project. The international consultancy is now part of the group of 100 large companies that are part of this movement that makes a difference in the lives of Brazilian professionals across the country. Founded in 2010 by businesswoman …
Drummond Advisors attended the Americas Food and Beverage Show – event carried out in the World Trade Center space, Miami – which got together retailers and buyers of food services of the USA, Latin America and Caribbean, on September 12-13. Michel de Amorim, partner of Drummond Advisors, and Louanni Ribeiro, Senior Counselor of the Business …
Drummond Advisors attends Americas Food and Beverage Show Read More »
The IRS recently reported that it will eliminate certain late fees for taxpayers who have struggled to file their tax returns on time during the pandemic. The IRS estimates that about 1.6 million taxpayers will receive more than $1.2 billion in penalty relief. Refunds or credits will be automatically issued by the agency for most …
IRS announces that it will eliminate $1.2 Billion in Late Fees from pandemic Read More »
Recently, the Senate passed the Inflation Reduction Act, which includes funding to help the IRS close the roughly $600 billion annual difference between legally owed taxes and paid taxes —a difference that reflects the absence of tax compliance by high-income people. The idea is to raise $204 billion in funding by 2031, for a net …
Did you know that the fact of having studied in a renowned university may facilitate the obtainment of a visa in some European countries? Such is the case in Portugal, France and United Kingdom. The application process varies depending on the country and has some specific rules. See more information below: United Kingdom The British …
Graduation may facilities obtainment of visa in some European countries Read More »
If you live in the United States and have accounts or investments in other countries, you must have already heard of FATCA. This acronym, which stands for Foreign Account Tax Compliance Act, refers to the U.S. law that regulates investments and tax accounts belonging to U.S. Persons who are outside of U.S. territory. To understand …
FATCA: Implications for Brazilian Banks that decide to go to the USA Read More »
