Archived
Is there any tax owed if my wife transfers $150,000 of her savings from a Swiss bank to a US account? She has a Green Card.
Luca's answer
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Answered on June 13, 2013
If she is a resident she may not be subject to tax but subject to reporting requirements as Mr. Neilsen correctly stated. Among the various I would...
Archived
Can I be forced to pay for my mothers nursing home care in Germany?
Luca's answer
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Answered on June 10, 2013
You need to contact a German attorney practicing German law. Best.
Archived
Does a foreign owner of a US company have to pay US taxes on worldwide income?
Luca's answer
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Answered on June 09, 2013
More information is needed. In general, a US company is taxed in the US for the income earned worldwide. The fact that the owner is a NRA may be...
Archived
Is it legal in the US for a US citizen to act as a "transaction agent" for a foreign company?
Luca's answer
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Answered on June 07, 2013
If this is not a scam, this counterpart is trying to get your sensitive financial information, or in the worse case scenario to find an accomplice...
Archived
Transfer fund from oversea to USA
Luca's answer
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Answered on June 07, 2013
Was this a disclosed asset? You say 'my country' and then you say 'I am a US citizen'. When you buy this asset? Did you pay any tax in your country...
Archived
SHOCKED about Citizenship based taxation. What should we do? We have lived abroad for 3.5 years and are preparing to return to
Luca's answer
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Answered on June 07, 2013
The US worldwide income taxation principle dates back in 1913. The US is not the only country having adopted this system. Please consider also that...
Archived
Is there an internationally recognized procedure or custom for establishing identity when no *current* official photo ID exists?
Luca's answer
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Answered on June 04, 2013
Your question is not clear. An "International recognized procedure" must be based on a treaty or convention or customary law. The UN Convention on...
Archived
Action to be taken on an ohio based firm. please suggest good lawyers who deal with international business
Luca's answer
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Answered on June 04, 2013
Dealing with contracts on an international setting is something we do on a regular basis. Feel free to contact our firm. Best
Archived
Is it possible for a corporation to appoint a CEO but that CEO has no actual decision making authority, just a figure head?
Luca's answer
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Answered on June 01, 2013
There are cases in which a branch is servient to the decision of a parent or even to another company of the group. This has more to do with the...
Archived
How do international contracts and laws apply?
Luca's answer
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Answered on May 30, 2013
International contracts can be regulated by various layers of rules: treaties, national laws or models. It is paramount to avoid self-help. The...
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