Daily Archives: January 26, 2012

US Taxation of International Shipping Income – An Introduction to USSGTI Obligations

This is the fifth in a series of articles on the US taxation of shipping income, and begins the explanation of USSGTI obligations. Next week, we will discuss exemptions from the tax available pursuant to Section 883. Future articles will cover the “look through” rule and what must be done to comply with the filing requirements…

January 26, 2012

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Are “Works of Art” Property Within the US?

US Taxation US Taxes for Non-Residents

If a foreign estate owns works of art located within the US, it poses an interesting question. The Internal Revenue Code states the value of the US gross estate for a non-US citizen includes property, which at the time of his death is situated in the US.[1] Let’s say Sam, a non-US citizen, owns works…

January 26, 2012

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State-level Policies and The Growth of Solar Power

International Business

Rising fossil-fuel prices and environmental concerns have led to a growing demand for renewable energy sources such as solar power. Compared to conventional energy and other renewable energy sources, solar power has the advantage of being generated locally, which both increases efficiency and greatly reduces the costs and environmental impacts of transmission . As a…

January 26, 2012

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