As a part of WilmerHale’s Legal Series for Startups at WeWork Labs in NY, this session was presented for startup companies that have clients or expect to have clients that span the globe. Knowing and anticipating the tax implications of engaging in cross-border transactions can significantly minimize the risk of expensive legal headaches down the road.

WilmerHale Tax Partner Richard Andersen and Marks Paneth & Shron LLP Senior Tax Consultant Jeanne Goulet provide an overview of the major tax issues that every startup should consider when operating on a global scale. Topics discussed included managing foreign tax credit to preserve profits for founders and investors, learning what type of customer transactions can result in withholdings and how to use global tax competition to benefit your business, and much more.