Foreign Nationals

Monday January 25 Posted by Expat News.

Foreign Nationals can minimize US tax by filing Form W8BEN

Individuals and entities such as foreign corporations are still subject to US tax at a flat rate of 30% on income received from US sources, even if they are not US citizens or residents. A taxpayer may have the opportunity to reduce this fixed tax rate by filing Form W8BEN...

Sunday December 15 Posted by Expat News.

Foreign Nationals and Gambling Winnings Tax

Las Vegas is one of the favorite destinations of foreign nationals visiting the USA. If the luck strikes, these foreign nationals can win thousands of dollars at casinos. Nonresident aliens or foreign nationals visit the USA for a short time so most of the time foreign nationals are confident about...

Monday June 17 Posted by Expat News.

Foreign Spouse: Choosing Tax Return Filing Status

US expats living overseas usually have a lot of questions about US tax return filing status with a foreign spouse. If a nonresident spouse is a green card holder, then it is definitely more advantageous to file married filing jointly with a foreign spouse. The overseas tax situation becomes more...

Friday June 14 Posted by Expat News.

US Investors and Foreign Dividends

Globalization has introduced many investment opportunities for US investors. Nowadays it is quite common to diversify a portfolio with a variety of foreign stocks. Some of these investments generate foreign dividends. The issue that US investors face is a withholding overseas tax. Claiming the foreign tax credit is one of...

Friday June 07 Posted by Expat News.

Foreign Spouse: Filing an income tax return Married Filing Jointly

Moving overseas is an exciting experience that is full of adventure and challenges. Many US expats living abroad meet their loved one and get married. Filing US expatriate tax returns on overseas taxes is even more challenging for American expats who file with a nonresident spouse. Foreign spouse income tax...