The question of who is a U.S. person has always been relevant for tax purposes because it determines who is subject to (a) U.S. income, gift and estate tax, (b) filing Foreign Bank Account Reports (FBARs), and (c) the ‘‘exit...more
Although the American Taxpayer Relief Act of 2012 (“Fiscal Cliff Legislation”) passed last week does not contain any sweeping changes targeted at U.S. taxpayers living abroad, a number of provisions are relevant to such U.S....more
1/11/2013
/ Alternative Minimum Tax ,
American Taxpayer Relief Act ,
Capital Gains ,
Dividends ,
FATCA ,
Fiscal Cliff ,
Foreign Earned Income ,
Foreign Nationals ,
Foreign Tax ,
Income Taxes ,
Itemized Deductions ,
Payroll Taxes ,
Personal Exemptions ,
Tax Exemptions ,
Tax Rates