Nonresidents Selling US Real Estate Beware

A person who is not a citizen of the United States and does not meet either the green card test or the substantial presence test of income tax residency is considered a nonresident for U.S. federal income tax purposes. While U.S. citizens and tax [...]

By |2020-03-19T15:52:54-04:00August 12th, 2015|

International Aspects of U.S. Social Security for Foreign Nationals

Many foreign nationals temporarily working and living in the United States have little or no understanding of the U.S. Social Security program’s benefits and related taxes. It is the intent of this article to provide a general overview of some of U.S. Social Security’s [...]

By |2020-03-19T15:53:54-04:00June 4th, 2015|

Real Estate Investment Trusts and FIRPTA Withholding

Section 1445 of the Internal Revenue Code, also known as The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA), provides that, in cases involving the sale of a U.S. real property interest by a foreign person, purchasers, certain purchasers' agents and settlement [...]

By |2020-03-19T15:57:47-04:00November 22nd, 2013|
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