News & Analysis as of September 25, 2024

Income Taxes › Lawful Permanent Residents

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Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways. Some tax systems collect income taxes based on a progressive scheme, while others may utilize a proportional or regressive framework. less -

Tax Residency Status Modification: Mexican Tax Implication

Freeman Law on 12/15/2022

For Americans and other foreign residents, Mexico is a very attractive country to live and work, because of its weather, rich culture, delicious food, friendly locals, and cost of living. And in an increasingly global...more

International Tax Concepts: Tax Residency Status

Freeman Law on 10/3/2022

U.S. Tax Residency Status - As a general matter, all U.S. citizens and U.S. residents are treated as U.S. tax residents. A non-U.S. citizen is generally classified as a nonresident for U.S. tax purposes unless they satisfy...more

The Closer-Connection Exception

Freeman Law on 2/25/2022

While the “substantial presence” test often determines whether a nonimmigrant alien individual will be treated as a U.S. person for federal tax purposes, the test is subject to an important exception: the closer-connection...more

The Substantial Presence Test

Freeman Law on 2/24/2022

The “substantial presence” test often determines whether a nonimmigrant alien individual will be treated as a U.S. resident for federal tax purposes. The test is objective and mechanical. It provides that an alien...more

Employees Working Abroad

King & Spalding on 6/30/2021

What are the legal issues for employers to consider? During the pandemic, many employers have been dealing with requests from employees to work abroad. With the move to remote working, employees have asked to work from...more

Do You Know What an IRS Criminal Investigation is?

Foodman CPAs & Advisors on 2/9/2017

The US taxes its citizens and permanent residents on their worldwide income regardless of where they live or how long they’ve lived outside of the US. There is only one other country in the world that operates like the US –...more

Who Is a U.S. Person? Disparities Between U.S. Tax and Immigration Law

Patterson Belknap Webb & Tyler LLP on 3/15/2014

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

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