Tip - I am a non-U.S. citizen living outside the U.S. and trading stocks through a U.S. internet broker. Do I have to pay taxes on the money I earn?

Published  | Submitted by Abduallah Nimer
I am a non-U.S. citizen living outside the U.S. and trading stocks through a U.S. internet broker. Do I have to pay taxes on the money I earn?

The tax implications for a foreign investor will depend on whether that person is classified as a resident alien or a non-resident alien. To be considered a non-resident alien, a person must meet several guidelines. First of all, the person cannot have had a green card at any time during the relevant tax reporting period (e.g 2005) and cannot have resided in the U.S.
Tags: irs,dividend tax,capital gains,foreign investors,foreign,capital gains tax,resident alien,non-resident alien,foreign investor,international markets,foreign investment,income tax,personal tax,wm-international tax issues,wm-high net worth tax strategy

About Author

More by Abduallah Nimer

About This Tip

Posted: 9 years, 4 month(s) ago

108 Reads
0 Votes