United States Tax Laws - A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States

A Greenstein, Rogoff, Olsen & Co. Analytical Report

 

This document has been prepared for the assistance of those interested in residing, investing and/or doing business in the United States. The United States tax laws are very complex and often change and the U.S. government acts strongly against violation of tax rules. The material covers areas of the U.S. tax law that many Foreign companies and individuals coming to the United States may encounter.

Outline

Foreword

Part 1: U.S. Income Tax Issues for Foreign Owned Corporations

part 2: U.S. Income Tax Issues for Resident & Nonresident Aliens

Exhibits

  1. Exhibit 1 -- Deferal of deduction on payments to related foreign persons

  2. Exhibit 2 -- Withholding tax on amounts paid to foreign persons

  3. Exhibit 3 -- Thin capitalization

  4. Exhibit 4 -- Low or no interest rate loans

  5. Exhibit 5 -- Selected tax accounting elections and disclosure

  6. Exhibit 6 -- Tax return filing requirements

  7. Exhibit 7 -- Survey of foreign direct investment in the U.S.

  8. Exhibit 8 -- Organisations and start-up expenditures

  9. Exhibit 9 -- Taxation of foreign employees

Appendices

  1. Copies of forms 1001, 1040, 1040NR, 1042, 1042S, 5471, 5472, 8300 AND TD F 90-22.1