To
receive our free monthly network newsletter enter your
email address below:
ADVERTISING
ADVERTISE
ON THIS SITE!
Our sites have more than 100,000 visitors every month. Like
our international site, this new US site will quickly grow
to be one of the most-visited
American tax sites.
If you want to advertise with us, be an exclusive launch partner
for new US sections, or show our highly-rated news content
on your own site, just e-mail paul@ustax
network.com.
We'll get right back to you! If you give us a number to call
you, we'll do just that. For
more information, click
here.
>
Information provided on this site is for general guidance only and
is often simplified. Actual IRS procedures are complex, and taxpayers
should obtain professional assistance or use IRS sources for complete
information.
Information
provided on this site is for general guidance
only and is often simplified. Actual IRS procedures
are complex, and taxpayers should obtain professional
assistance or use IRS sources for complete information.
Non-Resident
Aliens
A
non-resident alien must file Form 1040NR or Form
1040NR-EZ if engaged in a trade or business in
the US, or has any other US source income on which
the tax was not fully paid by the amount withheld.
While an individual is a non-resident alien, he
or she should file Form W-8BEN (it replaces older
Forms W-8 and 1001) with each of his or her mutual
funds or brokers every 3 or 4 years, so that they
will automatically withhold tax from the investment
income.
An
non-resident employee receiving wages subject
to US income tax withholding should file Form
1040NR by the 15th day of the 4th month after
the tax year ends. Otherwise, Form 1040NR is due
by the 15th day of the 6th month after the tax
year ends. Form 1040NR must be sent to the Internal
Revenue Service Center.
If
a non-resident alien has significant taxable income
from which no US income tax is withheld, she may
have to pay estimated tax, needs
to file Form 1040ES (NR), US Estimated Tax for
Non-resident Alien Individuals, and
must make the first payment of estimated tax by
the due date for filing the previous year's Form
1040NR.
Before
leaving the United States, a non-resident alien
may have to file Form 1040-C, US Departing Alien
Income Tax Return, or Form 2063, US Departing
Alien Income Tax Statement.
In
order to take a foreign tax credit, Form 1116
should be filed with Form 1040. Form 1116 is used
to figure the amount of foreign tax paid or accrued
that can be claimed as a foreign tax credit. The
foreign income tax on which a credit can be claimed
is the amount of legal and actual tax liability
paid or accrued during the year.
This feed is published daily with selected new or updated
content from across the Lowtax Network. For a list of Lowtax Network
sites, many of which feature daily news, see
below.
Providing essential tax news and information
for globally mobile artists, contractors, entrepreneurs, professionals,
small businesses, sportspersons and entertainers.
Lowtax Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
One of the web's
largest and most authoritative business and investment information
sources. Alongside topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly
updated intelligence reports cover every important aspect
of 'offshore' and international tax-planning in depth, including
banking secrecy, the EU's savings tax directive, offshore
funds, e-commerce, offshore gaming and transfer pricing. Reports
are available for immediate downloading or as subscription
services with news pages.
IMPORTANT NOTICE:
THE LOWTAX NETWORK has taken reasonable care in sourcing and presenting
the information contained on this site, but accepts no responsibility
for any financial or other loss or damage that may result from its use.
In particular, users of the site are advised to take appropriate professional
advice before committing themselves to involvement in offshore jurisdictions,
offshore trusts or offshore investments. All materials on this site copyright
The Lowtax Network 1999 - 2009. Contact
us for further information.
USA-INTERNATIONAL-OFFSHORE-EXPATRIATE-TAX.COM 
