Kirk presents to a number of top 100 USA Direct Selling / MLM Companies

Posted on: April 16th, 2016

Kirk was invited to present in Utah, California and Florida to a number of top 100 USA direct selling / MLM firms and International Tax Advisers, where he addressed some of the common problems faced by clients in setting up direct selling firms within Australia.

Some of the topics covered included:

  1. Registration of branch offices for non Permanent Establishment (PE) enterprises
  2. Clear separation between USA parent company and Australian local subsidiary
  3. Failure to qualify for audit exemptions and financial reporting requirements
  4. Transfer Pricing documentation for inter-entity and related party transactions
  5. Payment of commissions where independent salespeople do not have an Australian Business Number (ABN)
  6. Benefits of using Australian holding companies as a tool to enter Listed Country markets, particularly the holding of non-USA subsidiary companies
  7. The need for direct selling compliance training programs