International Tax Law

Do Off-Shore Asset Protection Trusts Really Work?

Offshore asset protection trusts offer businessmen an opportunity to escape from the tax wrath of the IRS. By placing their assets in a foreign jurisdiction, they don?t pay any U.S. taxes and they are able to keep their money out of the hands of their creditors. But does this method really work?

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The Expatriation Tax

Of those that have exercised their right to renounce their citizenship, most did so in order to escape the United States tax laws regarding their assets. Congress has reacted by making the expatriation tax rather severe. Learn more about it!...more

Choosing Credit or Deduction for Income Earned Overseas

If you paid or accrued foreign taxes to a foreign country on income that was generated from a foreign source and are subject to US tax on the same income, you may be able to take either a credit or an itemized deduction for those taxes. The difference between taking the amount as a deduction or as a credit is rather simple. Find out which can save you more money....more

Foreigners buying US Stocks

Foreigners interested in buying U.S. stocks in companies don?t pay any tax on the purchase, but they cannot deduct losses on that sale either. Find out more!

Deducting Business Expenses While Overseas

What are the basic rule and restrictions when it comes to deducting business expenses when traveling abroad? Find out here!

Tax Credit for Foreign Taxes on Overseas Investments

Depending on the amount of money you spent on overseas investments, you may or may not have to include Form 1116 with your tax return. Find out more!

Foreign Investments in the US

Although there are no substantial restrictions imposed by the federal government on foreign investments in the US, a few industries do impose restrictions. These industries are those that involve...more

Qualifications for Foreign Earned Income Exclusion

To be eligible to claim the foreign earned income exclusion or the foreign housing exclusion, you must have a tax home in a foreign country and meet either the residence test or the physical presence test. Find out if you qualify!

Off-Shore Accounts

Is it in your best interest to establish an offshore trust for your assets? Take a look at our list of pros concerning offshore trust issues.

Tax FAQs

International Tax Law FAQs

If I am a US citizen but have been living outside the United States, must I file a taxreturn? If I am employed outside of the United States, do I have to report income earned outside the US on my tax return? Find the answers to these questions and more!