The US Exit Tax
A last U.S. tax return is required for the year in which you renounce your citizenship. You may be subject to an exit tax.
The Dutch American Friendship Treaty (DAFT)
The Dutch American Friendship Treaty (DAFT) is an agreement between the United States and the Netherlands. It allows American entrepreneurs and their families to live and work in the Netherlands.
U.S. Taxes for Americans Living in the Netherlands
We offer US tax return preparation services for individuals and companies. We’re located in Rotterdam. We speak English and Dutch.
U.S. Tax Filing Requirements for Americans in Italy
As an American living in Italy, you’re subject to U.S. income taxation on your worldwide income. You’re therefore generally required to file a U.S. income tax return.
U.S. Tax Filing Requirements for Americans in the Netherlands
As an American living in the Netherlands, you’re subject to U.S. income taxation on your worldwide income. You’re therefore generally required to file a U.S. income tax return. In addition, as a resident of the Netherlands, you’re generally subject to Dutch income taxation.
Reporting Dutch Income and Assets on Your U.S. Tax Return
Reporting Dutch Income and Assets on Your U.S. Tax Return As a resident of the United States, you are generally subject to U.S. federal income taxation on your worldwide income, including Dutch income. In addition, you may be required to report foreign assets, such as a Dutch bank account or an investment in a Dutch […]
Stimulus Payments and the Recovery Rebate Credit
Stimulus Payments and the Recovery Rebate Credit Early last year, many U.S. taxpayers, including those living abroad, received an Economic Impact Payment (“stimulus payment”). The IRS and the Treasury Department started delivering a second round of stimulus payments during the last week of December. In most cases, those who are eligible will receive a payment […]
Reporting Foreign Rental Income
Reporting Foreign Rental Income U.S. citizens and residents are subject to U.S. income taxation on their worldwide income. Therefore, if you own foreign rental real estate, you’re required to report your foreign rental income to the IRS and file a Schedule E as part of your Form 1040, as well as other forms. All Rental […]
U.S. Taxation of U.S. Shareholders of Foreign Corporations
U.S. TAXATION OF U.S. SHAREHOLDERS OF FOREIGN CORPORATIONS Foreign corporations are generally only subject to tax in the United States if they have business activities in the United States or if they receive income from U.S.-sources. U.S. citizens and residents, however, are subject to tax in the United States on all income they receive as […]
U.S. Citizens Living Abroad: Tax Exemptions and Exclusions
U.S. Citizens Living Abroad: Tax Exemptions and Exclusions U.S. citizens and residents are subject to U.S. income taxation on their worldwide income. As a U.S. citizen living abroad, the same rules apply. You’re therefore required to file a tax return with the IRS and report your foreign income. However, because you live abroad, you may […]
