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I am a UK employee of a US company offering an Employee

I am a UK employee of a US company offering an Employee Stock Purchase Program and want to know how I will be taxed if I purchase shares at a 15% discount to fair market valueJA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: what information would be helpful to provide? I am a 40% tax payer and have no other stockJA: Is there anything else the Accountant should be aware of?Customer: Unlikely the main points are that I am a 40% tax payer, and have £0 towards my capital gains tax allowance used so far. The company I work for is US based and I am UK based

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

22,562 satisfied customers
I am in F-1 visa status I completed my Masters degree and am

Hi,I am in F-1 visa status I completed my Masters degree and am working full-time in my OPT period. My employer offers me stock options (ESPP and RSU) with a brokerage firm. The stock brokerage firm want me to submit w-9 form to complete my tax information in my profile.But, I've been in US only for 3 years and hence I am a non-resident alien (NRA). As an NRA, Should I submit a W9 form or a W8-BEN form ?Please let me know if you need any further details from me.Thank you!

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Robin D.

Vocational, Technical or Trade School

25,694 satisfied customers
Second opinion] A non-resident company sells shares of a

second opinion] A non-resident company sells shares of a Delaware corporation. Would the capital gain be taxable in the US, provided that no US resident is behind the non-resident company? What is the Act where such taxation or non-taxation is stipulated?

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Matthew Breecher

President

MBA (Graduate Legal Studies)

364 satisfied customers
My writing partner and I have a Canadian General Partnership

Hello, my writing partner and I have a Canadian General Partnership for our business. She lives in Saskatoon, Saskatchewan and I live in San Francisco, California. We are launching an online retail site to sell our books and services and are trying to understand the tax and legal requirements for both the United States and Canada in order to sell. I know the Canadian tax laws, and technically the business is based out of Canada. If we sell to United States customers, are we required to apply sales tax? What other international business regulations must we follow under a Canadian General partnership?

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Matthew Breecher

President

MBA (Graduate Legal Studies)

364 satisfied customers
I'm a non-resident alien for tax purposes (graduated student

Hello! I'm a non-resident alien for tax purposes (graduated student on F-1 OPT. Presented in the US for less than 5 years). Should I file W-8BEN or W-9? Thanks!JA: The expert will know how to help. Please tell me more, so we can help you best.Customer: I work in the US and have an SSN. I will get my H-1B visa this October but currently is F-1. Some people told me I should file W-9 if I have an SSN, however, I am not a US resident according to IRSJA: Is there anything else the expert should be aware of?Customer: no

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Robin D.

Vocational, Technical or Trade School

25,694 satisfied customers
Robin, a few months ago I asked about the possibility of

Hi Robin,a few months ago I asked about the possibility of late filing of my tax return based on the fact that I am currently not in the US. I was on a J-1 visa during 2016, had US income which I am going to ask for tax exemption based on US-Norway tax treaty. However, I never got a green card. You responded that I can file by 15 June 2017.I read on the IRS website that it is US Citizens or Resident Aliens abroad who are allowed delayed filing. Am I considered a resident alien abroad for tax purposes?If yes, is there any forms I should attach to my tax return now explaining why I am filing late?thanks

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Robin D.

Vocational, Technical or Trade School

25,694 satisfied customers
I'm preparing to submit delinquent fbars/8938, most likely

Hello-I'm preparing to submit delinquent fbars/8938, most likely through Streamline. I mostly had Canadian RRSPS which I know the interest is automatically treated as deferred. However I did take a lump sum superannuation payment in 2015 from my teacher's pension plan. I included this superannuation payment as part of the filing and received foreign credit in 2015. However, I am wondering if I had the obligation to report the accrued interest in this plan in the prior years (2013 and 2014) before it was distributed to me. I was not a US Person in 2012. I am so utterly confused! Please help!

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Mark Taylor

Certified Public Accountant

Masters

3,820 satisfied customers
I'm thinking of starting an amazon e-com business with a

I'm thinking of starting an amazon e-com business with a friend who is an UK citizen. I am an American expat without any domicile in any state. Which State is best to incorporate in, that will protect both parties the best? Nevada, Delaware, etc? The LLC structure will not fully protect a foreigner because its a pass through entity correct? Does that automatically disqualify setting up as an S corp as well? thanks

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Matthew Breecher

President

MBA (Graduate Legal Studies)

364 satisfied customers
My uncle, who was from the UK, but took American

My uncle, who was from the UK, but took American citizenship, set up a trust when he died which provides the care of his wife, my aunt, who has severe dementia. The Trustee of the Trust, a US citizen, has died and the Trust documentation has named me, a UK citizen living in the UK, as Trustee. I am informed by the Trust's US lawyer that the trust is now a "foreign grantor trust" for tax purposes. Some (but not all) of the companies who manage the investments are withholding tax on dividends and sales. I have been asked to fill in W-8 BEN or W-8 BENE forms by different companies. What form(s) should i be completing to ensure I can recoup the withholding tax?JA: The Accountant will know how to help. Is there anything else the Accountant should be aware of?Customer: Yes - when my aunt dies, I and another (US) person are joint beneficiaries. Is there anything i can do in advance to ensure I minimise the amount of tax I might have to pay and also the amount of forms i have to fill in? Thanks.

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Matthew Breecher

President

MBA (Graduate Legal Studies)

364 satisfied customers
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