Tag Archives: international investors

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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U.S. Tax Planning for Passive Investments

December 26, 2012  |   Posted by :   |   International Tax Planning   |   Comments Off on U.S. Tax Planning for Passive Investments

By Gary S. Wolfe, Esq. The Wolfe Law Group, Los Angeles, CA David E. Richardson Mid-Ocean Consulting, Nassau, Bahamas In her 10/18/06 Wall St. Journal article, Insuring Against Hedge-Fund Taxes, Rachel Emma Silverman stated: “A small but growing number of wealthy investors have discovered a legal way to invest in hedge funds without paying income […]

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International Asset Protection

December 12, 2012  |   Posted by :   |   Asset Protection   |   0 Comments

Great Generals always set their defenses first, placing themselves beyond the possibility of defeat, and waited for the opportunity to defeat their enemy. Sun Tzu – The Art of War, Chapter 4, ‘Tactics’ International investors are subject to annual U.S. income tax compliance filings, if they have a Green Card, or are in the U.S. […]

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International Investors – U.S. Estate and Gift Tax Planning (2012)

November 05, 2012  |   Posted by :   |   International Investors   |   0 Comments

(I) U.S. Estate and Gift Tax Rates U.S. citizens and U.S. domiciles are subject to U.S. Estate and Gift tax on their world-wide assets.  Non-U.S. domiciles are subject to U.S. Estate and Gift Tax on U.S. assets. In 2012, U.S. Estate & Gift Tax Rates are as follows: 1) Estate Tax Exemption is $5,120,000 ($10,240,000 […]

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IRS Form 8938 – Statement of Specified Foreign Financial Assets

October 17, 2012  |   Posted by :   |   FATCA/FBAR,International Investors   |   0 Comments

“FATCA” Tax Reporting Under the Foreign Account Tax Compliance Act (“FATCA”) for tax years beginning after March, 18, 2010, specified persons (i.e. U.S. Citizens, resident aliens), who have an ownership interest in specified foreign financial assets (i.e. foreign financial accounts, foreign stock, any interest in a foreign entity) must file Form 8938 (attached to their […]

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International Investors

October 01, 2012  |   Posted by :   |   International Investors   |   0 Comments

Up to 5 million international investors invest in the U.S. annually (on a non-immigrant basis).International “jet-set” investors may legally invest annually in the U.S. without paying U.S. income, estate, or gift tax on either their U.S.income (assets) or world-wide income (assets). If the international “jet-set” investors are physically present in the U.S. for less than […]

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U.S. Tax Reporting for International Investors: Non-U.S. Citizens

May 03, 2012  |   Posted by :   |   International Investors   |   0 Comments

In 2009, 36,221,554 international visitors came to the United States.  Non-U.S. citizens, who visit the United States, may be treated as U.S. taxpayers under either: 1) The “Green Card” Test (i.e., they have a green card); 2) The “Substantial Presence Test” (they are in the U.S. for 122 days per year over a consecutive 3-year […]

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