Feb 7, 2017 | International Tax
The globalization of business has created many opportunities for companies to grow and expand internationally. Doing business in other countries is no longer reserved for giant, multinational public companies; it is now a reality for many small- to medium-sized...
Feb 3, 2017 | Firm Updates, International Tax
Please click here to read Linda’s Bruckner’s article “Tax Implications of Purchasing Real Estate from a Foreign Person—What You Need to Know.” This article originally appeared in the February 2017 TaxStringer and is reprinted with permission...
Feb 1, 2017 | International Tax
Recently we have been examining some of the issues that can arise with the ownership of foreign real estate. Here is the last situation we will discuss in this series: A married couple, both U.S. Green Card holders, owned rental property in their country of...
Jan 23, 2017 | International Tax
Recently we’ve been discussing some of the issues that can arise with the ownership of foreign real estate. Here is another situation we encountered: Clients owned a vacation home in Canada which they and their children had enjoyed for many years. As part of their...
Jan 17, 2017 | International Tax
Last week we discussed some of the issues that can arise with the ownership of foreign real estate. Here is one situation we encountered: A decedent died owning land in the Dominican Republic. The executor was unable to locate the appropriate documentation to prove...
Jan 9, 2017 | International Tax
As we continue to endure the long winter, many of us start dreaming of trips to a summer cottage or cabin out of state for some quiet relaxation—or we start to gear up for renting out a summer property to vacationers. Although there are estate and income tax...
