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Lane
Lane, CFP, MBA, CRPS
Category: Single Problem
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Experience:  I have been providing tax and finance to individuals businesses and students since 1986
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True or false? Businesses that are organized in the United

Customer Question

True or false? Businesses that are organized in the United States are subject to its laws, but not the laws of other countries in which they do business.
Submitted: 1 year ago.
Category: Single Problem
Expert:  Lane replied 1 year ago.

Hi,

...

This is false.

...

Businesses that DO BUSINESS in a foreign country are subject to the laws OF (and in most cases must register as foreign corporations IN) that country ... just as foreign businesses are subject to US laws when they have a business presence in the US.

...

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