Where to Tax?
Treaties
All Things Foreign
VISAS etc.
Working Abroad
100
Location of employee's regular or principal place of business or employment.
What is Foreign Tax home.
100
International agreement including 55 Countries?
What is Totalization agreement?
100
Any territory under the sovereignty of a government other than US.
What is a Foreign Country.
100
Visas not subject to Federal Income Tax, Social Security or Medicare.
What is F,J,M or Q Visas.
100
The term referring to US companies buy, sell and manufacture in foreign countries, and more US employees work abroad.
What is Global Economy?
200
Uninterrupted period Jan 1 through Dec 31, Does family live in foreign country with employee, purchase of home or signing long term lease, involvement in culture or social life, type of visa or residence permit secured.
What is Bona Fide Residence Test?
200
US Citizens and resident Aliens Abroad.
What is IRS Publication 54?
200
Some include: Puerto Rico, Guam, US Virgin Islands, Northern Mariniana Islands.
What are territories of the US.
200
Contract overage Under Title II SSA that allows foreign affiliate coverage and allows them to elect Social Security Coverage.
What is Form 2032?
200
Statement for claiming Exemption from Withholding on Foreign Income Eligible for the Exclusion.
What is IRS Form 673?
300
Physical Present in foreign country 330 full days during 12 consecutive months, full day is continuous 24 hours beginning at midnight, time over international waters does not count and cannot violate US travel restrictions.
What is Physical Presence Test?
300
Information on US- Canada income tax treaty.
What is IRS Publication 597?
300
Considered a Sovereignless region
What is Antarctica?
300
Some include; agricultural workers, work performed on foreign ships or planes or work performed for a foregin government.
What are taxable exceptions?
300
Doesn't require withholding federal income tax.
What is Puerto Rico?
400
Must be physically present in US for any part of a day (24 hours) Calculation totals at least 183 days.
What is Substantial Presence Test?
400
Publication by te IRS that details US tax treaties.
What is IRS Publication 597?
400
These are not considered foreign Countries.
What are International Waters & Airspace.
400
Items such as telephone and cable television expenses, deductible interest and taxes, capital expenditures, and cost of domestic labor.
What are unreasonable expenses for foreign housing cost exclusions?
400
These are subject to Federal Income Tax Withholding.
What are wages of US employees working abroad.
500
Includes 24 countries (not Mexico), Employee pays ONLY Social Security and Medicare, Temporarily in Country (generally up to 5 years)
What is Totalization Agreement?
500
An example is American Samoa.
What is a territory or possession of the US.
500
Must be in Foreign Country for entire period of residence or physical presence in that country during the year.
What is a Foreign Tax Home.
500
Determine tax employee would have paid if employee had been in US.
What are Hypothetical taxes?
500
Foreign earned income exclusion, foreign house cost exclusion, tax credit for foreign tax payments.
What is excluded from Federal income tax withholding.
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