International Tax

International Tax

Jan Doughty CPA is a qualified American Accountant able to offer US tax solutions to foreign owners of rental property and small  busineses situated in the USA.  The US applies income tax to foreign owners under two separate regimes: one for resident foreigners and the other for nonresident foreigners.  In general, nonresidents are taxed only on their income from US sources, but residents are taxed (as are US citizens) on their worldwide income; which is income arising anyplace in the world.  If you are considering investing in a US Holiday Home as a nonresident, you could find yourself liable for the following US taxes:


IRS CIRCULAR 230 DISCLOSURE
If any U.S. tax advice is contained in the body of this communication, it was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code. This statement is required by, and is intended to comply with, United States Treasury Regulations.