Latin America

AbitOs speaks the language of Latin American tax for businesses, individuals, and investors. For almost three decades, our international tax accountants and professionals have counseled individuals and business entities from across the Americas, from Mexico south through Central America, into South America, including Argentina, Brazil, Peru, and Venezuela.

Pan-hemispheric international taxes bring a unique challenge to entrepreneurs and corporate executives. From our offices in Miami, Boca Raton, Aventura, and Dubai, we serve clients across Latin America and Brazil and whose interests extend beyond the U.S. and Canada to include the Bahamas, the United Kingdom, Germany, Switzerland, Australia, UAE, Singapore, China, Hong Kong, among other countries.

Inbound entities from across Latin America, including businesses, investors and high net worth individuals, face highly complex issues ranging from valuation of investments, properties or taxable proceeds, to representation in matters of private litigation or audit/review by taxing authorities.

Such entities don’t need just an accountant. They seek a trusted advisor and partner skilled in international tax and willing to listen to the client’s unique situation. These robust cross-border tax strategies include asset structuring services that minimize tax liabilities while still complying with local and national reporting requirements.

AbitOs provides international tax consulting and planning services related to cross-border income and transactions involving Latin American residents holding dual citizenship or residency in the U.S., as well as nonresident aliens, and high net worth individuals, as well as foreign corporations, foreign partnerships, and foreign trusts.

Among the services provided include:

• US tax return preparation and other US tax compliance requirements such as US international reporting forms are also routine cross-border and international tax services provided. US tax amnesty submissions, such as the IRS Voluntary Disclosure Program, Streamlined Domestic and Foreign Offshore Procedures, Delinquent International Information Return and FBAR Procedures, and the new IRS Relief Procedures for Certain Former Citizens are a significant portion of our work.
• FIRPTA compliance, US estate tax planning, preparation of US estate tax returns, and assistance in renouncing US citizenship, or abandoning a green card.
• Formulation of US business structures and structuring US real estate investments, together with providing any relevant guidance on US State Sales Tax and US State Income Tax for Canadian corporations and other non-US corporations contemplating US activities.
• Pre-move planning for nonresident aliens anticipating a move to the US, and pre-move planning for individuals emigrating from their home country, including domestic Departure Tax matters.
• Reporting of worldwide income, foreign tax credit maximization, foreign (non-US) assets disclosure including reports of foreign corporations, trusts, partnerships, and financial accounts.