International Tax Services
Visit our International Tax Blog for an in-depth look at a variety of international tax topics.
Whether you are an individual or a business, it is critical that you understand the complex U.S. tax and disclosure rules that pertain to foreign investments and transactions.
Sciarabba Walker has assisted both individuals and businesses with tax reporting issues related to the ownership of foreign assets, receipt of income from abroad, and foreign financial transactions. Our International Tax Group is knowledgeable and up to date with the latest rules and regulations in this area. Some of the areas of expertise include:
Businesses and Business owners
- Consulting for international business expansion
- U.S. employees working abroad
- Foreign employees and independent contractors
- Foreign owners and investors
- ECTI withholding for foreign partners or LLC members
- FDAP withholdings for payments to foreign persons
- FBAR filing requirements
- Treaty benefits
- Controlled foreign corporations
- Transfer pricing issues
- Foreign tax credits
- Disclosures related to ownership in a foreign corporation
- Disclosures related to transactions with affiliated foreign corporations
Individuals
- Professors on sabbatical leave overseas
- Foreign individuals working in the U.S.
- U.S. residents with foreign investments
- Ownership of real property in a foreign county
- Receipt of foreign inheritance
- FBAR filing requirements
- Treaty benefits
- Sale of U.S. real estate by nonresident alien
- PFIC tax and reporting issues
- Income tax reporting of worldwide income
- Estate planning for noncitizen spouses
- Nonresident alien estates
- Expatriation
- U.S. citizens living in a foreign country
We are a proud member of PrimeGlobal, one of the five largest associations of independent accounting firms in the world. Through our PrimeGlobal membership, we can refer you to reputable accounting firms throughout the globe should you need tax advice or have filing requirements in a foreign county.
PrimeGlobal even offers a series of comprehensive guides to doing business in numerous countries around the world, free of charge to the public! You can view these guides over on the PrimeGlobal site.
If you have any issues or concerns in the above areas, please contact the International Tax Group at Sciarabba Walker for expert guidance.
Recent International Tax Blogs
Estate Planning in the International Arena
If you have ever sat down with your attorney or CPA to discuss estate issues, you know that estate planning involves a lot of decision making on your part. Estate planning professionals seem to have a never-ending list of options to choose from: revocable trusts,...
Delinquent International Information Return Submission Procedure: Caught by Surprise
Taxpayers are sometimes unaware they have a foreign filing requirement. In this blog post, we will look at an example in which the client was the beneficiary of a retirement account that was considered a foreign financial asset, even though he had never worked outside...
Streamlined Procedures – Domestic Offshore: Nostalgic for Home
Sometimes taxpayers are unaware that they have foreign reporting requirements. When discovered, they may need to catch up. In this blog, we will look at the hypothetical story of Antoine, a French citizen, living in the United States for more than 20 years. Antoine...