Taxable investment income is generally taxed at a flat 30% tax rate unless a tax treaty is applicable, in which case U.S. source investment income may be taxed at a lower treaty rate. Income derived from U.S. trade or business income is generally taxed at progressive tax rates up to 39.6%.
U.S. tax complexity can be burdensome and fraught with risk of penalties unless a qualified and experienced U.S. tax professional is involved. The Wolf Group has been a leader in tax planning and compliance for nonresidents for over 30 years and is here to help.
Everyone needs a financial plan. For nonresidents, this plan may need to address foreign pensions, real estate holdings here and abroad, estate planning (where special rules apply for nonresidents), generational wealth transfer (complicated where any heirs are U.S. citizens or residents), retirement needs, and long-term goals. Meeting these goals requires an understanding of the investment options available to nonresidents and the return potential of these options. Our financial advisors can help with both the planning and investment sides of this equation.
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