Tax

Bill Thomas Named High Street Partners’ New Chief Operating Officer; Responsible for the Delivery of a World-Class Customer Experience and Driving International Growth

September 9, 2013 – (Annapolis, MD) – High Street Partners’ Founder & President Larry Harding today announced Bill Thomas would be joining the company’s executive leadership team as Executive Vice President and Chief Operating Officer. Thomas, who has been a consultant and member of the Advisory Board since 2012, will be based in London. In this new role, he will be accountable for the organization’s commitment to the delivery of a world-class customer service experience, as well as the ongoing expansion of HSP around the globe. He joins the business at a time when an accelerating global economy, increased governmental focus on compliance and tax regulations, and the ongoing stresses that managing a global footprint place on finance and HR, have positioned HSP as the premier international business software and services provider for companies expanding and operating overseas.

“In Bill’s new, expanded role at HSP, he will help us deliver world-class Managed Services and Advisory Services in an efficient, scalable, and consistent manner,” says Harding. “He has extensive experience managing global sourcing, procurement, financial services and sales functions, and brings a wealth of international business and operational expertise to HSP. Bill will help us build on our trusted partnerships with customers, who have likewise experienced growth through international expansion.”

HSP provides software, services, and subject matter expertise to help companies manage their business operations overseas. The HSP Overseas Direct® family of managed services, including Setup, Finance & Accounting Outsourcing, Global Compliance, and HR Operations Management services, provide resources to accomplish complex tasks required to support an operation overseas, but which are often too challenging or too costly to be taken on by full-time personnel. Customized Advisory Services provide high-end, actionable advice, on an as-needed basis, and focused on the areas of HR Services, Global Mobility Solutions, Tax, Accounting & Governance Services, and Legal Related Services. Alongside the HSP OverseasConnect® platform and its related cloud-based applications, HSP’s full suite of software and services extend the capabilities of headquarters personnel, giving finance and HR executives, and their teams, needed support, a powerful cloud-based management tool, and more bandwidth to focus on achieving their strategic objectives.

Three Taxes to Consider When Expanding Overseas

Determining your international tax burden can be overwhelming and time consuming. Corporate taxes may apply in each individual country your company operates in, meaning a different set of obligations for each entity. Even though rules and rates may differ country to country, there are a handful of taxes that you can expect wherever you expand. Consider these three taxes when you business expands internationally.

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