A W-8 form for all foreign aliens/entities is needed for all payments. The IRS requires a mailed original ink signed and dated form to be obtained. A faxed copy or emailed copy is not acceptable. There are four types of W-8 forms. The foreign alien/entity will need to determine the type of form that applies to […]
Category: Expatriates
Expatriation Tax under IRC Section 877
U.S. citizens and permanent residents are subject to US income tax on their worldwide income regardless of where they reside in the world. In order to free oneself from the U.S. income tax, U.S. citizens or permanent residents must expatriate from the U.S. to become nonresident aliens. U.S. expatriates may be subject to the expatriation […]