Do Foreign Persons Have U.S. Estate Tax Responsibilities? by Melvin Perez, CFP
It is no secret that the U.S. tax code is complicated. For foreign persons, compliance with U.S. tax laws is particularly onerous, especially when considering that different rules apply for income and estate tax purposes and neither depend on an individual’s immigration status. For income tax purposes, the U.S. presumes foreign persons to be nonresident […]