transportation

For more than a half century, WeiserMazars has served the shipping industry. Because our clients operate both domestically and offshore, we are well-versed in the various international treaties and are able to advise our clients accordingly.

Our services cover a broad spectrum and include:

• Preparation of audited and non-audited (compilation and review) financial statements
• Preparation of federal, state, and local tax returns
• Form 5471 (U.S. owners of controlled foreign corporation)
• Form 5472 (transactions between foreign owners of U.S. entities)
• Form 1120F (U.S. freight tax), taking into consideration treaty and non-treaty (exchange of notes) positions
• Tax advisory and consultation services
• Structuring of companies, both foreign and domestic (limited liability companies, joint ventures, etc.)
• Audits of foreign vessel owning companies
• Domestic and foreign management /shipping agencies
• Planning for public offerings
• Consulting with regard to:
• Related party and transfer pricing issues
• Sub-part F issues
• Bond issues
• Corporate inversions
• Offshore trusts