Category: Expat Business Taxes
How Foreign Currency Impacts Your Expat Tax Payments
May 17, 2022
Expat tax can be complicated to compute. Read this article for an overview of the IRS exchange rate vis-à-vis foreign exchange rates and how it affects your tax payments.
A Primer on How to Invest as an Expat in a Foreign Country
Jan 05, 2022
Investing can be complicated, especially for U.S. expats. Learn more about the ways on how you can effectively manage foreign investments in this article.
8 Important Tax Preparation Tips You Need to Know as an Expat Entrepreneur
Jan 03, 2022
Preparing business tax returns is different for a foreign entrepreneur. To effectively run your business abroad, here are some tips to help you out.
Know The Most Informative Basic Rules Of Subpart F Income for Expats
Nov 15, 2021
Subpart F – Why Was It Enacted Subpart F was enacted in 1962 to prevent US. persons from using foreign corporations to defer U.S. tax on certain offshore income, including income from related-party…
Everything Expats Need to Know About PFIC’s
Jul 27, 2021
Are you an American expat living or working abroad? You'd want to know about what PFIC is and everything it entails before you purchase shares in a foreign-based corporation.
5 Ways to Avoid Double Taxation for Expat Entrepreneurs
Jul 19, 2021
Handling your finances may be a bit tricky when you’re a foreign entrepreneur with no tax assistance. Read on to find out more on how to file taxes abroad.
Form 8621 Filing (PFIC) – Practical Information For Expats
Feb 22, 2021
Form 8621 Purpose A U.S. person that is a direct or indirect shareholder of a passive foreign investment company (PFIC) or qualified electing fund (QEF) files Form 8621: Who Must File The PFIC…
Tax Cuts And Jobs Act Of 2017 – Practical Info ExpatsNeed To Know
Jan 20, 2018
The Tax Cuts and Jobs Act of 2017 was signed into law on December 22, 2017. Understanding the changes will be essential for all taxpayers, especially those abroad. On December 22, 2017, President…
CFC Expat Tax – Important Facts You Need To Know
Jun 28, 2016
CFC Tax And The Anti-Deferral Regime When taxpayers hear the term CFC Tax, it’s a reference to Subpart F. CFC tax or Subpart F is applicable to Controlled Foreign Corporations (CFCs) and their…
QEF (Qualifying Electing Fund) Election For PFIC
Jun 25, 2016
Many banks, investment funds and information material tout a QEF election as the easy way out of escaping the default PFIC treatment. But, it is anything but that. This is based on the…