by Lance Morris | Jun 26, 2022 | Uncategorized
In this article, we’ll take a new approach to the issues we discuss, and address our 10 most frequently asked questions with regards to US tax compliance, and the question of renouncing US citizenship. All of these questions have been asked by US citizens: Q – Do I...
by Daria Vovk | Jun 13, 2022 | Uncategorized
Our clients frequently ask us what sets US Global Tax out from its overseas competitors. Fortunately, this is an easy one to answer…By being based locally, it means we have staff experienced and qualified in not only US taxation, but also the local NZ or...
by Shalen Singh | Jun 6, 2022 | Uncategorized
Virtual Currency is becoming a major tax issue nowadays. Are you dealing with Virtual Currencies in your daily lives? Have you invested in Virtual Currencies recently? What is virtual currency? A virtual currency is a digital representation of value that functions as...
by Daria Vovk | May 29, 2022 | Uncategorized
For many US citizens who live in NZ or Australia, filing Form 8833 is part of their annual tax return. Form 8833 is used to tell the IRS when you intend to take advantage of some of the tax benefits or determinations made in the tax treaty, and can sometimes be hugely...
by Shalen Singh | May 19, 2022 | Uncategorized
SMSF is seen as a Foreign Grantor Trust by the IRS. A Foreign Grantor Trust is defined as a US person owning a Trust outside the US. For instance, Susan and Tim are a married couple living in Australia. Susan is a US person and holds an interest in SMSF. The IRS...
by Lance Morris | May 15, 2022 | Uncategorized
Nowadays, it is well known by most US citizens living overseas that there is an annual requirement to file tax returns to the IRS, if they have any worldwide income. But much lesser known are the implications or requirements for having a US based retirement scheme....