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~ rated #1 in international business worldwide ~

Only through ICTF and Thunderbird - world-class online education and designations - supported by a rigorous program of study designed to prepare business professionals for the challenges of international credit risk management when trading worldwide.

RGCP™
Registered Global Credit Professional

CGCE™
Certified Global Credit Executive

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Register for the ICTF Signature Events in 2014:
     

October 19-21, 2014
ICTF's International Credit Professionals Symposium in Europe - Prague, Czech Republic
more information and full
programme >>


November 16-18, 2014
ICTF's Annual Global Trade Symposium
The Ritz-Carlton, Ft. Lauderdale, FL
more information and full program >>

"The educational content and intellectual capacity contained within ICTF is astounding and surpasses any of the groups I have attended in the past."

"ICTF conferences bring together some of the most sophisticated international credit professionals, creating an extraordinary environment to share and learn the latest international best practices."


"If your company is involved with international business, ICTF is a must join organization. ICTF is the superior international group and it stands shoulders above any other organization that may attempt to fill the International business needs.”

 NOT A MEMBER - JOIN NOW!!!
info@ictfworld.org

"Unpatriotic" Corporate Inversions? -- August 2014

The latest buzzword in the business world, "corporate inversion," refers to a phenomenon that is hardly new, but has lately triggered alarms on both ends of Pennsylvania Avenue. By definition it is one of many strategies companies employ to reduce their tax burden. One way to this end is to reincorporate abroad by having a foreign enterprise buy an American firm's current operations, or vice versa. Assets are then owned by the foreign company, and the old incorporation is dissolved.

Take, for instance, a manufacturer incorporated in the United States. For years, the bulk of its revenue came from the US sales, but recently the percentage of sales coming from abroad has grown. Income from abroad is taxed in the United States, and US tax credits do not cover all the taxes that the company has to pay abroad. As the percentage of sales generated by foreign operations grows relative to domestic operations, the company will find itself paying more US taxes because of where it is incorporated. READ MORE>>

 

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  July 2014 Edition of
ICTF's Quarterly Magazine, co-published with CCR World - request a copy



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