Thursday, January 21, 2016

German taxpayer was subject to regular U.S. income tax and covered expatriate tax.


Experienced Tax Accountant The Tax Court has held that a taxpayer with connections to Germany, including a German passport, who had a U.S. green card for many years, was not a German resident, and was therefore subject to U.S. taxation as a nonresident. It also found that he was subject to the Code Sec. 877A tax on covered expatriates.

If you have any questions on this topic or would like to discuss some planning strategies with me, please call. I look forward to hearing from you. Click this link to view our YouTube video http://youtu.be/KfO0_kmz7qc
Amare Berhie, Senior Tax Accountant
(651) 300-4777, (612)424-1540, (651) 621-5777

No comments:

Post a Comment