Invest Offshore

Tag: U.S. Expats

  • How to avoid a scary PFIC Nightmare

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    by

    Aaron
    in

    A mutual fund that is invested in European stocks, but incorporated in the US may be taxed at a long term capital gains rate of 15%, but if the US taxpayer buys an identical fund listed outside the US, they will find their investment may be taxed at up to 50% The first de minimis…

  • Hong Kong TIEA is Good for U.S. Expats

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    by

    Aaron
    in

    This week it was announced that Hong Kong has agreed to hand over financial details of Americans working in the city, to US tax authorities under Foreign Account Tax Compliance Act, US can ask for data if certain conditions are met. The Financial Services and Treasury Bureau said the tax-information exchange agreement allowed the US…