What Is FBAR? The FBAR stands for Foreign Bank Account Account Reporting An FBAR is a Report of Foreign Bank (Non USA based bank account and Financial Accounts form also known as FinCEN Form 114 Who Needs To File FBAR? All U.S. person (U.S. citizens, green card holders, resident aliens) is required to file FBAR …
Form 8288 (U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests) or Form 8288B (Application for Withholding Certificate for Dispositions by Foreign Persons of U.S. Real Property Interests) What is FIRPTA? FIRPTA stands for Foreign Investment in Real Property Tax Act and it is the Federal law governing the taxation & …
FIRPTA For Non-Resident Alien Tax Withholding on Sale of US Property Read More »