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Is Those US States Where Marijuana Is Now Legal To Sell, What Tax Problem Is Attached To This?
User Photo Dr. Daniel Erasmus
Tax Professional Level: Tax Enthusiast

All costs associated with the sale/marketing of marijuana will NOT be tax deductible, as selling marijuana remains a federal offense. Anything done that is a federal offense disqualifies taxpayers from deducting...   Read More
As An Entrepreneur Of An Internet Company In Australia, I Now Want To Move To The United States To Marry My American Fiance Of Two Years....
User Photo Fred Rollo
Tax Professional Level: Tax Enthusiast

You will have capital gains issues in Australia under either scenario. Under the sale scenario, your tax liability will crystallise immediately. Under the company move scenario, you may be able to defer the tax...   Read More
We Are A Small Business That Often Hires Consultants Out Of India. Can You Tell Me If We Have Any Taxes Due In India For Hiring Consultants...
User Photo Dr. Daniel Erasmus
Tax Professional Level: Tax Enthusiast

The answer starts with determining whether you have a permanent establishment in India. The DTA between India and the US contains such a provision. Look at clause 5 at http://www.irs.gov/pub/irs-trty/india.pdf...   Read More
Facts: The Taxpayer Has Always Been S.African Resident. The RSA/USA DTA States In The Tie-breaker Clause That He Is A RSA Tax Resident....
User Photo Dr. Daniel Erasmus
Tax Professional Level: Tax Enthusiast

The appropriate provisions and sections are: section 6013(g)(2) of the IRC: (2) Individuals with respect to whom this subsection is in effect This subsection shall be in effect with respect to any individual...   Read More
What Do International Business Owners( American Expatriates) Need To Know About IRS And Yearly Average Currency Rates. What Impacts Yearly...
User Photo Kader Jawali Ameen
Tax Professional Level: Tax Enthusiast

Further to the information on currency rates, please find below link to access the IRS year end currency ex rates. http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Treasury-Reporting-Rates-of-...   Read More
Self-Employed Foreign Pension Plan (Australian Superannuation Fund) Reportable On FBAR?
User Photo Dr. Daniel Erasmus
Tax Professional Level: Tax Enthusiast

The ANSWER is not an easy YES YOU MUST FILE - This is what DEPARTMENT OF THE TREASURY Financial Crimes Enforcement Network 31 CFR Part 1010 RIN 1506–AB08 Amendment to the Bank Secrecy Act...   Read More

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