Find Out More about International Tax Issues
Of course, compared to US tax-payers, expatriates need to pay attention to other aspects and additional details. Our article series on income tax in the USA also takes such differences into account. Not only do we explain the most common method of defining your fiscal residency, we also provide tax information specially tailored to so-called “non-resident aliens”, who are treated differently with regard to taxation in the US. However, all expats – regardless of their tax residence status – should read up on related issues, like bilateral tax treaties or the “departure permit”. Thus, you will not get into trouble with the IRS (Internal Revenue Service), aka the US tax authorities. Moreover, international tax agreements may offer various benefits to foreign nationals living in the US, such as favorable tax rates and ways of avoiding double taxation.