Category: International Tax

International Tax

New Procedures Provide U.S. Tax Relief to Some Expatriates by Arthur Dichter, JD, LLM


Posted on November 25, 2019 by Arthur Dichter

The IRS recently rolled out Relief Procedures for Certain Former Citizens (expat relief procedures), which is intended to help some former U.S. citizens who renounced or intend to renounce their U.S. citizenship come into compliance with their outstanding U.S. tax and filing obligations without incurring additional liabilities.   Background on Expatriation Exit Tax There are […]

Maximizing Donations to Foreign-Based Charities under Tax Reform UPDATED by Lewis Kevelson, CPA


Posted on October 08, 2019 by Lewis Kevelson

Donations that U.S. taxpayers make directly to foreign charities usually will not qualify for income tax deductions unless those charities are registered with the IRS as tax-exempt entities or there is relief available under a bilateral income tax treaty. In the rare instances when these conditions are met, the charitable deduction is available only to […]

Wayfair Decision Imposes New State Tax Burden on Foreign Businesses Selling into the U.S. UPDATED by Karen A. Lake, CPA


Posted on September 24, 2019 by Karen Lake

The U.S. Supreme Court’s 2018 decision in South Dakota v. Wayfair has had far-reaching impact on the state and local sales tax (SALT) obligations and previous competitive advantages of online and foreign businesses that sell products into the U.S. The court’s ruling eliminated the prevailing physical presence test, which required sellers to collect sales tax […]

IRS Urges Taxpayers to Renew Expiring ITINs by Guillermo Campos, CPA


Posted on July 17, 2019 by Guillermo Campos

Millions of U.S. taxpayers who are not eligible for Social Security numbers will need to take action before the end of 2019 to renew the now expired Individual Taxpayer Identification Numbers (ITINs) the IRS issued to them for reporting and paying their U.S. tax obligations. The IRS will begin sending notices this summer to affected […]

Are U.S. Visa Holders Subject to U.S. Income and Estate Taxes? by Eden Abitan, CPA, CGMA


Posted on June 11, 2019

For many foreign persons, the U.S. tax system can be a complicated web of conflicting rules and exceptions, making compliance difficult, at best. One of the more complex challenges concerns the U.S.’s different treatment of foreign persons for income tax and estate and gift tax purposes. In general, the U.S. presumes foreign persons to be […]