That strategy also probably meant that you ended up paying foreign taxes on your investment. But you can recoup that cost on your tax return. The Internal Revenue Service gives you two ways to use ...

Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.

The US tax system is robust enough to monitor companies’ profit shifting, and where the US is tracking income, the global ...

You can never escape Uncle Sam. The U.S. and Eritrea are the only two countries in the world where taxes aren’t based on residency. That means no matter where Americans live, they’re subject ...

WASHINGTON—The Supreme Court rejected a challenge from conservative activists to a one-time tax on certain foreign investments, but left unresolved questions about whether some leading ...

Notice was issued to the taxpayer requiring an explanation as to why the taxpayer had discharged Capital Value Tax (‘CVT’) liability partially and not on the entire foreign assets as declared ...