• Flott & Co.
  • Americans Taxed Abroad
top menu
Doing Business Across Borders
Doing Business Across Borders
Flott & Co.
Doing Business Across Borders
  • Shipping Taxation
  • US Taxation
  • IRS News & Regulations
  • US Taxes for Non-Residents
  • FATCA
  • FBAR

Daily Archives: July 18, 2013

Nonresident Aliens and US Gambling Winnings

FBAR IRS News & Regulations US citizenship US Taxation US Taxes for Non-Residents

The IRS applies different methodologies for calculating the gambling winnings of US taxpayers and Nonresident Aliens (NRAs). For US taxpayers, the IRS calculates earnings based on winnings over the course of a gambling session, while for NRAs the IRS has taken the position that gambling winnings should be calculated based on each bet. So, for…

July 18, 2013
Details
Topics
  • (2)Controlled Foreign Corporation
  • (34)FATCA
  • (31)FBAR
  • (1)Foreign Earned Income Exclusion
  • (2)Foreign Tax Credits
  • (3)Intellectual Property
  • (30)International Business
  • (49)IRS News & Regulations
  • (2)Limited Liability Companies
  • (4)OVDP
  • (1)PFIC
  • (15)Shipping Taxation
  • (3)Streamlined Foreign Offshore Procedures
  • (1)Uncategorized
  • (27)US citizenship
  • (7)US TAX SURPRISES AND REPORTING REQUIREMENTS SERIES
  • (49)US Taxation
  • (39)US Taxes for Non-Residents
Copyright 2015 Flott & Co. PC. | All Rights Reserved.