Daily Archives: January 19, 2012

US Taxation of International Shipping Income: Treaty Limitations on Benefits and Claiming Exemptions

This is the fourth in a series of articles on the US taxation of shipping income, and explains treaty exemptions from the tax, what they are, how companies qualify and what must be done to comply with the filing requirements associated with the treaty exemption. With very few exceptions (Greece is one of the exceptions),…

January 19, 2012

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What is Property?

US Taxation US Taxes for Non-Residents

So what property has to be included on a US estate tax return? The Internal Revenue Code states the value of the estate of a foreign individual is the part of his estate situated in the US at the time of his death.[1] In 2010, foreign governments and individuals invested $1,245.7 billion, excluding derivatives, in US…

January 19, 2012

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A Good Start: Eliminating the Country-Cap on Employment Based Immigration

International Business

阅读此文章 The U.S. has many bizarre immigration policies toward high-skilled individuals. Perhaps the most absurd one is the cap on the number of visas allowed per country, regardless of that country’s population size. How many visas are allocated to people of extraordinary ability from China, a country of over 1.5 billion people? Exactly 2,803. The same…

January 19, 2012

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