Archive | International Investors

Global High Net Worth Investors: Tax Evasion & Money Laundering (US/UK)

May 03, 2017  |   Posted by :   |   International Investors,International Tax Planning,Tax Evasion   |   0 Comments

In an unprecedented event, the United Kingdom is passing laws to seize real estate in London and the entire United Kingdom (over 2000 properties may be affected). Currently, billions of dollars of real estate have been purchased through offshore companies with undisclosed beneficial owners hiding illegal funds including tax evasion, bribes and massive thefts by […]

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Global High Net Worth Investors: US Investments, Immigration & Tax Planning

May 01, 2017  |   Posted by :   |   International Investors   |   0 Comments

For Global High Net Worth Investors who elect to immigrate to the United States, the pre-immigration planning is essential to minimize their tax implications. Under the current alternatives, an investor may gain a green card by an investment ($500k-$1m) and application for an EB5 Visa (which if in a regional center is a $500k investment, […]

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Investment Tax Planning for US and International Investors

December 21, 2016  |   Posted by :   |   International Investors,International Tax Planning   |   0 Comments

US and International Investors who invest in the US or immigrate to the US face the same issues: 1. Worldwide US income, estate and gift tax reporting and taxes due. 2. Disclosure of foreign bank accounts (over $10k by annual FBAR filings) and disclosure of foreign financial assets over $50k (FATCA Form 8938, attached Form […]

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International Investors and US Income Taxes

November 03, 2016  |   Posted by :   |   International Investors   |   0 Comments

International Investors who immigrate to the United States will either be taxed as a resident alien (subject to US income tax on their world-wide income) or a non-resident Alien (subject to US income tax on US source income, only). United States taxes “U.S. Persons” on their worldwide income according to IRC §61(A). Under IRC §7701(a)(30) […]

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Recent Awards and Publications

August 03, 2016  |   Posted by :   |   International Investors,International Tax Planning,Tax Evasion   |   0 Comments

I am pleased to announce that in July 2016 London/UK based KMH Media Group included my firm as one of the winners in the 2016 Global 100 Awards (100 of the world’s leading law firms). We were selected as the International Tax Planning Law Firm of the Year (California/USA). Votes were cast by over 150,000 […]

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International Investors & California: Roundtripping (E-2 Visas)

June 09, 2016  |   Posted by :   |   EB-5 Visa,International Investors   |   0 Comments

For international investors who want to thrive in the California lifestyle, they face three different issues: immigration status, business investment and tax planning. For these clients, I recommend they consider “Roundtripping”, (i.e., they invest in a CA business, they obtain their green card for the investment and then they export the products back to their […]

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Clinton Portis, ex-NFL Running Back, Files for Bankruptcy

December 29, 2015  |   Posted by :   |   International Investors   |   0 Comments

From Former Washington Redskins and Denver Broncos running back Clinton Portis, who made about $43 million during his nine-season NFL career, has filed for bankruptcy. A federal bankruptcy filing this week showed Portis owes nearly $5 million to creditors, including $500,000 to his own mother, according to court records obtained by USA TODAY Sports. […]

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Introducing Pomar Junction Winery

October 08, 2015  |   Posted by :   |   International Investors,Wine Exports   |   0 Comments

I am pleased to announce that the double gold award winning winery, Pomar Junction (San Luis Obispo – Templeton,) will be hosting our wine tasting for our 10/22/15 event at the Peninsula Hotel, Beverly Hills. Please see article about Pomar Junction published in the Directory of Fine Wineries. I encourage you to try their delicious […]

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Australia Turns Over Account Details to IRS

October 06, 2015  |   Posted by :   |   International Investors,Tax Evasion,Unreported Income   |   0 Comments

The Australian Business Review on 9/27/15 reported that the Australian Tax Office gave the IRS details of more than 30,000 bank accounts containing more than $5B in funds. This transfer of tax information on US taxpayers with Australian bank accounts is the first transfer of of information under FATCA( Foreign Account Tax Compliance Act, passed […]

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Royal Bank of Canada – PIASCIK Collaboration

June 18, 2015  |   Posted by :   |   International Investors,International Tax Planning   |   0 Comments

The Wolfe Law Group is pleased to announce a collaboration with Royal Bank Of Canada, High-Net Worth Division, lead by Tracy Pulvers and his team of advisors (RBC has the best credit rating of any bank in North America with $100B market capitalization) and PIASCIK, an international tax firm (accounting/tax, planning/tax compliance) with clients in […]

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