Karen: Hello, this is the PKF Texas, Entrepreneurs Playbook. I’m Karen Love, Director of Practice Growth, and I’m here today with Frank Landreneau, one of Houston’s go-to international tax advisors. Frank, welcome back to the Playbook.
Frank: Well, thank you, Karen. It’s great to be here.
Karen: Well, I tell you what, we have some more to talk about about international today because there’s got to be a lot of businesses in Houston who need international advice.
Karen: So, how can they tell if their advisor has the necessary experience? Can you share with us what they would look for?
Frank: Absolutely. What a business would like to have is someone who does this on a day-to-day basis where it becomes as natural as breathing; not somebody who has done this a couple of times and may have an inkling of an idea of what to do, but really it’s a core area of their practice.
Karen: Fantastic, and so would you share some of the key areas that they would need to look at that would need some frequency?
Frank: Well, one thing would be there’s a whole set of complex reporting requirements that needs to be addressed as well as just general business information about what are the tax implications of, let’s say, starting an overseas operation or funding the overseas operation.
Karen: Thank you for sharing that with us today.
Frank: You’re very welcome.
Karen: Now, for more information about our international capabilities, please visit PKFtexas.com/internationaldesk. This has been a thought leader production brought to you by the PKF Texas Entrepreneurs Playbook. So, we’d like you to tune in next week for another chapter.