A quick reminder about sending investment portfolios offshore.
The U.S. taxes residents on worldwide income. From the Treasury Regulations:
In general, all citizens of the United States, wherever resident, and all resident alien individuals are liable to the income taxes imposed by the Code whether the income is received from sources within or without the United States.
Want To Gain Expert Knowledge And Skills Converting An Existing S Corp To An LLC? Complimentary Webinar
Secrets To Learn Working With A Retained Tax Recruiter Vs. Contingency
Legal Post: Texas Sales And Use Tax For Equipment Rentals
Canada Just Passed Law Increasing Exclusion Rate For Capital Gains To 66.6%
Biden Proposes Highest Capital Gains Tax in Over 100 YEARS
Recent Comments