BKD LLP, a national CPA and advisory firm, with 33 offices in 15 states, helps people and businesses realize their goals. Their dedicated professionals offer solutions for clients in all 50 states and internationally. BKD and its subsidiaries offer clients a variety of services in accounting, audit and assurance, tax, International tax, risk management, technology, corporate finance, forensic and valuation services and wealth management.
Private company international reorganization—for this U.S.-based multi-location global precision parts manufacturer, BKD’s federal and international manufacturing tax professionals restructured the Company’s U.S. and China operations—along with implementing an S corporation election that immediately produced $8 million in current tax savings—along with creating a significantly more efficient tax structure for future cross-border expansion and earnings repatriation. In conjunction with such planning, BKD’s transfer pricing specialists guided the Company’s leaders in implementing a practical global transfer pricing policy to comply with the evermore stringent contemporaneous documentation requirements—and related revenue authorities’ enforcement activities.