Ask A Question
Have Tax Questions? Ask a Tax Expert for Answers ASAP
Taxation Law Questions
What are Taxation Laws?
have certain guidelines that require people to pay the government at a federal and state level. The Taxation Laws are very important and is heavily sought after at the levels of the state and
government. A person has to file
that are generated at the federal and state levels. There are many states and local governments that apply sale
within the states that the person regulates. Read below where the Experts have answered many questions dealing with the taxation laws.
If an individual has a foreign software company where they transfer funds via PayPal does this individual have to pay taxes in America for this income, and if they do pay taxes will they also have to pay taxes in their country?
If the foreign company establishes a United States based company that wants to open a bank account in the United States; the foreign company will have to file a tax return at the time that taxes are due by the owners of the company. Information will have to be filed to keep up with the records of fiances that are gained by the company. The company will also have to pay income taxes on the income of what is gained in that particular foreign company. A tax treaty was established to give credit on the
filed that is paid to the United States to avoid the taxation being doubled.
If a person starts a business in Monaco and work in other countries will the invoices be subject to Resident Withholding Tax in other countries and is this Double Taxation Agreements?
in Monaco are connected with the countries of Luxembourg and Qatar that were enacted in May and June 2010. Monaco and the country of Germany had co-existed in that the jurisdiction will cooperate in having information that is for purposes of taxation. Also, Monaco also has a treaty with Australia that involves double taxation. There are some countries that tax the income of where the source is coming from and if the person that wants to start the business is actually in that country. There would have to be research conducted to figure out information about countries that the person wants to do business with before any type of income is gained in that particular country.
If a person of a foreign company has a job in a New York that is based to work in London on a full time basis, would the person pay tax on salary in New York?
If the person is not a citizen of the United States and don’t live in the United States; taxes can’t be paid to the United States at all. The person will still have to pay United Kingdom taxes and the person will also have to pay income taxes in French as well.
If a Hungarian legal entity want to become a taxpayer in the Florida, after how many days of conducting business in Florida would it have establish a place of business in there and what rules apply to private individuals?
There are many tax treaties that the United States has developed with different foreign countries. Under the double taxation treaty, people that live in those countries have
or they may be exempt from having to pay United State taxes on things that the people may receive in the United States. There is a Tax Treaty between the United States and Hungary that apply to the Taxation treaty
There are Taxation Laws that are set to make sure that United States citizens and as well as the citizens of foreign companies are treated fairly. Strict rules apply to these specific laws and it’s important to make sure that the laws are fairly distributed. What are Taxation Laws? What is Double Taxation? These and many more issues with Taxation Laws can be discussed with the Experts.
Recent Taxation Questions
Hi Megan I am filling 1120S form. I am done with Federal and
Hi Megan I am filling 1120S form. I am done with Federal and just started state form. I am using TurboTax. It is asking me Virginia Account Number and Litter Tax Account number. I am not sure if I got these or I have it. Any suggestion on it.
Hi,A few questions on a partnership (hope its not too much):1)
A few questions on a partnership (hope its not too much):
1) Capital and basis: are basis and capital different? does a personal loan by a partner which was contributed to the business increase that partner's basis? Can the profit, loss & capital % be different between partners such as Profit & Loss 60/40 but capital be 50/50?
2) what are the rules for taking a loss from a partnership k-1 on the personal return (basis, at-risk)???
3) If there was a loss and not enough basis but the guaranteed payment (GP) was more than the loss, do I account for it separately: ie take the loss portion up to basis, carry the balance over and then the GP or do you combine the loss &GP and use the net of the two as either the profit or loss on the 1040
Florida General Contractor, Florida resident and part time
Florida General Contractor, Florida resident and part time NYC resident. I have been doing construction consulting and real estate consulting for high end client. The billing accumulated is $4.5million dollars. I will be getting a wire transfer in the coming week for my work over the past 4 years plus. My construction company is active but has no current projects. My questions relate to taxes and how should I best go about receiving wire funds. Question: Which is the best direction to be paid for this consulting work, through my construction company and have wire transfer sent to my company bank account? Or sent to my personal account since it was consulting work? What is the best direction tax wise as a Florida resident with regards ***** ***** taxation? Should I reinvest percentage of those funds back into real estate or projects through my construction business will that be a tax incentive before the end of this year?
View More Tax Questions
2 Tax Professionals are Online Right Now
Ask Your Own Tax Question
Ask Your Question Now
Ask a Tax question
Type Your Tax Question Here...
2 Tax Professionals are Online Now
In The News
How JustAnswer Works:
Ask an Expert
Get a Professional Answer
Ask Followup Questions
100% Satisfaction Guarantee
Ask a Tax Professional
Get a Professional Answer. 100% Satisfaction Guaranteed.
2 Tax Professionals are Online Now
Type Your Tax Question Here...
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.
Become a Professional
Terms of Service
Privacy & Security
© 2003-2014 JustAnswer LLC