INTERNATIONAL TAXATION

Did you know that the United States imposes taxes on its citizens for income earned anywhere in the world? If you are a dual citizen living abroad, you might owe taxes both to the United States and to the country where the income was earned.  However, if you are a US Citizen living abroad you can reduce your income by using the Foreign Earned Income Exclusion ($105,900 for 2019). This means the first $105,900 of your foreign earned income can be excluded from taxes. TAXokay as tax specialists, will help you apply for this exclusion and reduce your tax liability.

 

Foreign Investor:

Are you a Foreign Investor? Do you know that there is a “Foreign Tax Credit which excludes a certain amount of your foreign income tax from U.S. Tax? TAXokay we will sit with you and explain all the benefits as a Foreign Investor.
Foreign taxpayers (NRA) are generally subject to taxes only on their U.S. source income. There are Income Tax Treaties between some countries and The United States about how to tax foreign nationals. These tax treaties generally reduce the U.S. taxes. TAXokay will help you with the IRS tax filings and check if there is any tax treaty that may apply for you.

​

​