Author: admin

Profile picture of admin

Posts by admin

US Gift and Estate Tax for Nonresident Alien

Posted on

Definition of Nonresident Alien (NRA) Different from nonresident alien for the income tax purpose, under gift tax regulations, a “resident” is a person who has his domicile in the United States. A person acquires a domicile in a place by living there, for even a brief period of time, with no definite present intention of […]

Read More… from US Gift and Estate Tax for Nonresident Alien

Abandoning US Citizenship or Green Card? Here is Something You Should Know

Posted on

If you are a U.S. citizen or a permanent U.S. resident, you are taxed on your worldwide income. It does not matter where you live, where the income is earned, or where else you might pay tax. Many US citizens and Green Card holders are finding themselves in a situation where they are working abroad […]

Read More… from Abandoning US Citizenship or Green Card? Here is Something You Should Know