Tag Archives: gift tax

Six traps for foreign investors

The Internal Revenue Code contains numerous traps for the unwary foreign investor in U.S. real estate or businesses. The tax law provisions applicable to nonresident foreign investors are very often quite different — and more onerous — than the familiar tax rules applicable to U.S. citizens and foreign residents in the United States. This article identifies a few of the most common areas where nonresident foreign investors may need specialized tax advice to avoid costly mistakes. 

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