Taxation on sale of shares in a US company for a UK citizen resident in Dubai, UAE.

You should be able to receive a full refund of the withheld taxes. However, you will have to file a US non-resident individual tax return, Form...

Tax on a second home - partial rental

There are actually a number of loss disallowance rules which may come into play. First, with respect to your parents' unit, you will not be...

Tax consequences of surrendering Green Card; Retirement funds, transfering capital etc out of the country.

You should be aware there are very specific administrative requirements having to do with the surrender of a green card and the certification of...

Bought a bagel store, am i liable for the back taxes?

Under NY state law, you, the purchaser, can be held liable for sales taxes due regardless of whether you purchased the company itself or the assets...

Do I have to pay tax on my overseas property ?

Yes, if you have any sort of rental income from the properties, you may owe US tax on it. You may also owe US taxes when you sell the...

Taxation for non-resident partners in a LLC

If you're a U.S. nonresident alien (in general, a nonresident alien is a person who is neither a U.S. citizen nor greencard holder and who does not...

New York state sent out quite a lot of these types of notices through a new penalty and interest abatement program ("P.A.I.D."). The notices,...

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Tading Stocks in USA

If you're thinking about trading stocks in the U.S., and just stocks-- no bonds or more exotic financial instruments-- that trading will produce...

Despite the fact that your foreign relative won't be charging interest, a portion of the payment that you'll be making to him will, in fact, be...

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Tax structure for single foreign member LLC

From a tax perspective, your primary concern is going to be whether you will choose pass-through or entity-level (i.e., corporate) taxation for the...