New answers tagged tax-law
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Tax requirements for LLC taxed as partnership all foreign members and non us sourced income
While an entity taxed as a corporation that is organized under U.S. law must file a tax return on IRS Form 1120 or the appropriate alternative form that applies to some specialized kinds of ...
- 130k
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Apart form tax and less regulation what are the benefits of registering a company offshore?
Some reasons for using an offshore jurisdiction, presented hopefully without judgment -
Tax
As well as lower tax rates, there is the chance of ingenious schemes involving tax reliefs between ...
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Can an employee pay for boss' things?
Can this happen?
Sure.
Is it legal?
Oh my, no.
It’s clearly an illegal tax avoidance scheme.
- 148k
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Can I expense rental costs for tax purposes?
If it is a business expense, yes
It depends on the nature of the "job".
If you run a business based in the UK and the job is a contract to your business, then the costs involved in ...
- 148k
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Tax law regarding mutual gift giving in USA
If the space were owned by a charitable organization, the money left by each individual would be a charitable gift reduced by the fair market value of the food taken, and the proceeds would not be ...
- 130k
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Is FATCA really reciprocal?
FACTA is implemented via bilateral tax treaties with particular countries that have several different main models that are used as templates.
Many countries of the world have agreed to FACTA treaties ...
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