Monthly Archives: January 2016

US EXPATTAX TRETAIES

Overview

The United States has an¬†income tax treaty with a number of foreign countries. Under these treaties, residents (not necessarily citizens) of foreign countries are taxed at a reduced rate, or are exempt from U.S. income taxes on certain items of income they receive from sources within the United States. These reduced rates and exemptions vary among countries and specific items of …

Totalization agreements are the bilateral Social Security agreements between the United States and other countries that eliminate dual Social Security taxation of earnings and provide additional benefit protection for employees who divide their careers between the Unites States and other certain other countries. The 25 such countries are Austria, Australia, Belgium, Czech Republic, Canada, Chile, Denmark, France, Finland, Greece, Germany, Italy, Ireland, Luxembourg, Japan, Norway, Netherlands, Portugal, Poland, …