The tax advantages to a U.S. startup of incorporating offshore typically outweigh the additional administrative and compliance costs in the long run for many successful businesses. The tax advantage is due to the fact that many countries have lower corporate tax rates than the United States, and, unlike the United States, they generally do not […]
Charles W. Cope
Charles W. Cope is a New York based tax attorney with more than 25 years of experience advising companies in a wide array of industries, including start-ups in software, technology and pharmaceuticals. He has a wide range of experience in U.S. corporate and cross-border tax matters, particularly in tax planning for intellectual property, managing U.S. trade or business and permanent establishment issues, transfer pricing planning, corporate acquisitions and divestitures, cross-border financing and licensing, tax-efficient business expansions and restructurings, managing subpart F income, foreign tax credit planning and interpretation of income tax treaties.
Prior to forming his firm, Mr. Cope was a principal (non-CPA partner) in the Washington National Tax Office of KPMG LLP, where he was member of the International Corporate Tax group for many years. He also is a former associate international tax counsel in the U.S. Department of Treasury’s Office of Tax Policy. Prior to joining the Department of the Treasury in Washington, Mr. Cope practiced tax law in the New York office of Chadbourne & Parke where he advised a variety of public and private clients. He can be reached through his website.