Archive 09
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UK VAT rate returns to 17.5% on January 1, 2010.
December 15, 2009
Please contact your HSP account manager if you have any questions. more >> |
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HSP Seminars: Navigating International Expansion, Doing Business in China and Japan, IFRS, and VAT issues
December 1, 2009
Postings for upcoming and past seminars are listed below. Please click the links below each description for more information on each event. |
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AOL Small Business article cites international growth as factor in faring well in a post-recession world
November 12, 2009
 Looking into the Post-Recession Crystal Ball: Here's the Good News by Geoff Williams for AOL Small Business The job market may reek, and personal bankruptcies have been climbing, but most economists feel that the recession is over in the technical sense, and that we're starting a slow climb outward and upward. So it feels like a good time to start looking at life after the Great Recession. If you're wondering which businesses are going to fare well in the recovery period and whether you should r... more >> |
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High Street Partners Achieves Record Results and welcomes Bowne & Co. executive Gerard Phelan to Board of Directors
November 5, 2009
Annapolis, MD—High Street Partners (HSP) recently reported record net revenues for the third calendar quarter ending September 30, 2009. Third quarter net revenue increased by 17% compared with the previous quarter, a rise of 22% from the same nine month period in 2008. These results reflected growth across many different aspects of the business, including a greater demand for services from clients in each of its different market sectors—venture capital-backed high tech firms, larger public companies, major research universities and multinational not-for-profit institutions. Demand for services in China, the European Union, Africa and Latin America led the charge. “HSP’s solid results reflect our own growth, that of our clients, and the potential driven by the re... more >> |
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Leaders Portfolio interview with Larry Harding
November 2, 2009
 Leaders Portfolio is a CEO leadership interview show broadcasting in the Washington, DC area. Host Rebecca Blacksmith recently interviewed Larry Harding of HSP. We invite you to please click here to access the conversation. more >> |
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CFO article on transfer pricing and APAs: How to Get on the Same Page as the Taxman
October 20, 2009
 How to Get on the Same Page as the Taxman More companies are looking to make deals with tax authorities on transfer-pricing terms to avoid unexpected penalties, tax advisers report. Sarah Johnson, CFO.com | US Charlie Brown's sister should have been a tax authority. When badgering her brother into writing her Christmas list, Sally made a memorable declaration that would resonate with any taxman: "All I want is what I have coming to me. All I want is my fair share." Indeed, tax authorities are increasingly insisting that they get... more >> |
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HSP announces strategic relationship with ICS Consultores in move that allows enhanced support capabilities in Latin America
October 19, 2009
High Street Partners today announced a strategic alliance with ICS Consultores. This expanded relationship allows HSP to offer its clients enhanced support capabilities in the fast-growing Latin American market. |
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Recent media coverage: the Boston Herald
October 11, 2009
Please click the link below to access recent press featuring High Street Partners. The Boston Herald - October 11, 2009
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CFO Magazine coverage: Transfer Pricing, A World of Pain
September 1, 2009
Yet another unwelcome side effect of the global recession: hungrier international tax authorities. Experts say that officials in previously tax-friendly countries, including China and India, are looking to fill their coffers by extracting more from U.S.-based multinationals. Among their favorite areas to probe: transfer pricing, or the pricing of sales between subsidiaries and subsequent allo... more >> |
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Sweeping changes in Australian employment law begin to phase in
September 1, 2009
Australia Update: |
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Inc. 500 list of fastest growing private companies in America ranks HSP at #78
August 12, 2009
Please click here to visit the Inc. website for more information, including rankings and company profiles. more >> |
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D&B's AllBusiness interview with HSP's Larry Harding
August 12, 2009
 Doing Business Abroad? Consider Hiring a Professional to Help by Sam Thacker According to a recent announcement from the Conference Board, more than 50 percent of U.S. companies surveyed are either currently doing business abroad, or have a strategy in place for diversifying their business interests to foreign locations. Companies doing business across U.S. state lines have found a dizzying amount of new rules, taxing regulations, and differences between states, so one can only imagine the complexities of setting up operations across the world. What is the best answer to efficiently set up overseas operations? According to High Street Partners... more >> |
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HSP opens Atlanta office
August 11, 2009
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Tax ruling involving Amazon illustrates problem common to US businesses operating in Japan
August 10, 2009
Permanent establishment and Transfer Pricing issues highlight need for clarity between "cost-plus" and "buy-sell" entities A recent tax ruling involving high profile Amazon illustrates a problem common to US businesses operating in Japan. The Permanent Establishment (PE) and Transfer Pricing issues raised highlight the need for all US businesses to analyze their own "cost-plus" or "buy-sell" entity models. High Street Partners has prepared the following document and recommendations for clients operating in Japan. Background In July 2009, the Tokyo Regional Taxation Bureau concluded that Amazon.com had underpaid local income taxes on sales to customers in Japan, and assessed t... more >> |
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Tax Authorities Around the Globe Step Up Activity: media coverage in AmEx's OpenForum
August 10, 2009
 Tax Authorities Around the Globe Step Up Activity by Anita Campbell With the global economic recession, tax authorities everywhere are looking to increase the tax coffers. If you run a business with operations located in countries outside the U.S, be aware that your business may be put under the microscope. In down economies when it’s not politically expedient to raise taxes, the tax authorities are instead stepping up enforcement, according to Larry Harding, CEO of High Street Partners, a firm which advises businesses on establishing operations in countries outside the United States and complying with local requirements. While a tax problem is not the worst problem... more >> |
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Media coverage in CFO.com: Back-office Outsourcing, a Buyers' Market
July 23, 2009
Back-office Outsourcing: a Buyers' Market Companies have delayed outsourcing projects, leaving service providers waiting for the go-ahead. by Sarah Johnson, CFO.com | US Companies considering outsourcing are now in the driver's seat when it comes to negotiating contracts. On top of a big slowdown in the business-process outsourcing business, the offshore market is still recovering from the financial scandal at Satyam Computer earlier this year. "Satyam made everybody more aggressive," notes David Rutchik, a partner at outsourcing advisory firm Pace Harmon. "We're encouraging clients to revisit their existing d... more >> |
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China Tax News: state administration issues tax circular to beef up collection
July 2, 2009
The China State Administration of Taxation (SAT) has recently set guidelines to strengthen the collection and administration of taxes. If you operate in China, please take a moment to read through the following HSP position paper, and contact your account manager with any questions. Background The SAT, which is the ministry-level department in charge of all tax matters in the PRC, recently issued a tax circular “Notice on the Guidelines to Strengthen the Collection and Administration of Various Types of Taxes and Increasing Tax Revenue” (Guoshuifa [2009] No. 85). This Circular requests that all local tax bureaus strengthen the collection and administration of the four main types of taxes, namely “Business Taxes&rdqu... more >> |
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Industry Week publishes article from HSP: Accessing Talents and Capabilities Away from Home
June 24, 2009
Accessing Talents and Capabilities Away From Home |
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Foreign Bank and Financial Account (FBAR) news: IRS form due June 30, with possible extension to Sept. 23
June 22, 2009
FBAR, the IRS Report of Foreign Bank and Financial Accounts formally known as form TD F 90-22.1, is required for all US persons with a financial interest in or signature authority over any financial account in a foreign country with an aggregate value in excess of $10,000 at any time in the previous calendar year. In June of 2009, the IRS offered advice and a possible extension for filing for affected persons unsure about their filing requirements and obligations. |
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Entrepreneur Magazine names HSP in list of 100 Brilliant Companies
May 27, 2009
Please click here to visit the Entrepreneur.com site to view the article by Marc Peruzzi and Pieter van Noordennen. more >> |
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HSP presents at 2009 International Issues Conference in Chicago and at Swiss Consulate event in Boston
May 26, 2009
On May 12, Larry Harding presented twice at the 2009 International Issues Conference hosted by the Center for Corporate Financial Leadership. The Chicago event centered on the regulatory and cultural issues encountered by corporate finance professionals working on the international stage. HSP was invited to manage two sessions of the conference: one on global staffing and the international hiring process, the other on transfer pricing. On May 27, HSP will present at an event focused on the opportunities for partnering, alliance and direct investment in Switzerland. Hosted by the Swiss Consulate, the event takes place at Swissnex in Cambridge. Please see this more >> |
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CFO.com publishes remarks from HSP president in article on overseas tax structures
May 21, 2009
CFO magazine's Alix Stuart covers international tax issues in timely article featuring quotes from HSP President Larry Harding. Please click here to access "Last Tax Break Standing" on the cfo.com website. Stuart's article was reported as the most widely read posting that day. more >> |
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VentureBeat publishes guest column by HSP: What VCs need most: A shift in policy
April 30, 2009
 VentureBeat guest column by Larry Harding The Obama administration has already done a lot to re-ignite small business growth, raising guarantees on SBA loans to 90 percent, eliminating costly fees for borrowers and lenders, and introducing a series of beneficial tax cuts and incentives. But when it comes to venture-backed small businesses, current policy once again falls short, and some proposed regulations may have damaging ramifications. These regulations are well-intentioned, but some (purported to reduce risk or promote “fairness”) could easily ... more >> |
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International Tax tips on AmEx's OpenForum: article by Anita Campbell of Small Business Trends
April 27, 2009
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CFO.com coverage: Don't Get Caught in an Overseas Tax Trap
April 17, 2009
Smaller businesses keen on selling into the international markets should take a closer look at their own subsidiaries and the value-added tax in the countries in which they operate, a consultant says. by Marie Leone CFO.com Now that the annual tax season has closed for most smaller businesses, it's probably a good idea to consider how to extract some benefit out of the 2009 tax year. One component of tax management that companies with under $1 billion in revenue often overlook is international tax. Yes mismanging international tax issues... more >> |
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Boston Business Journal announces Pacesetters awards
April 17, 2009
 The Boston Business Journal today ranked High Street Partners Inc. No. 4 on its third annual Pacesetters list of the area’s fastest-growing private companies. Pacesetter rankings are determined by the publication’s research into revenue growth for the region’s leading businesses between 2005 and 2008. For more information, please visit the Boston Business Journal by clicking here. more >> |
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HSP opens Hong Kong office
March 25, 2009
We're delighted to announce the launch of High Street Partners Asia Ltd., our new office in Hong Kong. This move positions us to better serve our clients and work more closely with area providers in the HSP network. We welcome Delphine Arker and Wincy Wong to the Hong Kong team. more >> |
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Public holiday in China celebrated Monday, April 6.
March 22, 2009
Please be advised that businesses in China will be closed on Monday, April 6 in observance of Qing Ming (Tomb Sweeping Day). This festival, a public holiday, takes place April 4-6. more >> |
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IndUS Business Journal highlights HSP client BridgeCo as Swiss company achieves success in India
March 16, 2009
For BridgeCo, India is music to the ears |
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SVB Financial Group, parent company of Silicon Valley Bank, invests in HSP. Minority investment is firm's first external funding
February 23, 2009
HIGH STREET PARTNERS ANNOUNCES INVESTMENT FROM SVB FINANCIAL GROUP |
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Boston Business Journal names HSP a Pacesetter in annual ranking of fastest growing private companies
February 20, 2009
The Boston Business Journal has named HSP a "Pacesetter" for 2008. The BBJ annually recognizes the area’s fastest-growing private companies, ranked by revenue growth. On Friday, April 17, the 60 companies so named will be recognized for their achievements in making this year’s list. The morning event will be held at the Boston Park Plaza hotel and will feature a panel of 2009 Pacesetters executives who will share their strategies for successfully managing and growing their enterprises. Approximately, 600 people from the private, public and non-profit sectors are expected to attend. more >> |
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US News & World Report reports on silver linings of recession
February 19, 2009
5 Silver Linings (That's right!) of the Recession |
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Expanding Overseas: What you need to know. Key points to consider before heading abroad
February 5, 2009
As part of a new partnership with Silicon Valley Bank, HSP authored this article for the February edition of SVB's "On Point" newsletter. more >> |
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SmartMoney.com tags HSP's Larry Harding a "standout"
January 20, 2009
 Stand Out: This Firm Will Help You Cross Bordersby Diana Ransom Small-business owners, what are you doing to stand out from the crowd? Each week, we focus on an entrepreneur who has lessons to share that we think will resonate with other small-business owners. Larry Harding, founder and president of international business advisory firm High Street Partners, answers our questions: What are you doing to stand out from the crowd? Businesses that want to grow internationally cal... more >> |
