Business US Expat Tax Information

What Expats Need to Know About the Tax Reform and the IRS’ Proposed Regulations

Last week, the IRS issued proposed regulations on Section 965, “Treatment of Deferred Foreign Income Upon Transition to Participation Exemption System of Taxation” to the Office of the Federal Registry. Since the passage of the tax reform, tax practitioners and taxpayer advocates have been requesting additional guidance on the Section 965 rules. Below, our expert […]

American Expatriate Tax: PFICs and Form 8621
Business US Expat Tax Information

American Expatriate Tax Fundamentals: Passive Foreign Investment Companies and Form 8621

Expats who are shareholders in foreign companies: take note! You may have extra filing requirements that garner heavy penalties if ignored. Find out if you must file Form 8621 along with your other American expatriate tax documents and other tips on how to avoid penalties below. Passive Foreign Investment Companies (PFICs) in a Nutshell Form […]

Expat Entrepreneurs and Self-Employment Taxes
Business US Expat Tax Information

What Expat Entrepreneurs Need to Know About Self-Employment Taxes

Expat entrepreneurs who are thinking of starting a business overseas should expect another layer of complication to their expat taxes. Fortunately, that’s no reason to abandon your career dreams! Read our tips first to ensure you understand all the implications for your self-employment taxes. Filing Requirements for Self-Employment Taxes The thresholds for triggering a filing […]

Business US Expat Tax Information

US Income Tax Reporting Requirements for Foreign Businesses

US citizens and Green Card holders are required to report and pay taxes on their worldwide income each year. This is the case even if you have established an entity in a foreign country. Different entities, whether foreign or domestic, have their own US tax reporting requirements. This article, although not all-inclusive, will discuss the […]

Tax for Expats for Business Owners
Business US Expat Tax Information

How Your Tax for Expats Will Be Impacted When Owning a Business Abroad

One of the great things about owning your own business while living abroad is the flexibility it can provide. Nowadays, it’s fairly simple to operate a business from anywhere in the world, many thanks to technology. Something you’ll want to consider before moving or building a business abroad is the tax implications of such an […]