New answers tagged

1 vote
Accepted

exchange rate for taxes paid and reported on form 1116

I recd. interest from several short-term deposits from Spanish banks, none of which report the exact date on which they paid me the interest or deducted the tax at source. That's extremely unlikely. ...
littleadv's user avatar
  • 174k
2 votes
Accepted

double taxation when more than two countries are involved

So, effectively, I have been taxed three times on my Indian interest. Does that sound correct? Yes. Tax treaties are usually bilateral. There may be a Spanish-US tax treaty, Indo-US tax treaty, and a ...
littleadv's user avatar
  • 174k
0 votes

Foreign Tax Compliance Question

For years you are a US tax resident (2019, 2022, and going forward until/unless you leave again) you must report, and compute tax on, your worldwide income -- all income from everywhere except items ...
dave_thompson_085's user avatar

Top 50 recent answers are included