Ever heard of the Fixing America’s Surface Transportation (FAST) Act of 2015? Well, under FAST the IRS has the authority to notify the State Department of taxpayers certified as owing the federal government. The FAST requires the State Department to revoke the delinquent taxpayer’s U.S. passport and limit the taxpayer’s ability to travel outside the United States.
La Ley de Información de Divisas y Transacciones en el Extranjero de 1970, también conocida como la Ley de Secreto Bancario, requiere que los residentes, ciudadanos y empresas con cuentas bancarias en el extranjero y algunos otros activos en el extranjero de EE. UU., reporten esos intereses a la Red de Delitos Financieros anualmente en el Formulario 114 antes del 15 de abril del año siguiente.
The 1970 Currency and Foreign Transactions Reporting Act, which is otherwise known as the Bank Secrecy Act requires U.S. residents, citizens and businesses with foreign bank accounts and certain other overseas assets to report those interest to the Financial Crimes Network annually on Form 114 by April 15th of the following year.
Dar en los Estados Unidos crea obligaciones fiscales para el donante. La Sección 2503 del Código de Ingresos Internos define “donaciones gravables” como la “cantidad total de donaciones hechas durante el año calendario, menos las deducciones proporcionadas en el subcapítulo C (sección 2522 y siguientes)”.
Giving in the United States creates tax obligations on the giver. Internal Revenue Code Section 2503 defines “taxable gifts” as the “total amount of gifts made during the calendar year, less deductions provided in subchapter C (section 2522 and following).” Under United States federal tax laws, the donor (giver) is taxed on the fair market value of the gift.
The United States Treasury has collaborated with over seventy countries to enforce the Foreign Tax Compliance Act (FATCA) which became U.S. tax law in 2010. FATCA in a nutshell requires Specified Individuals with foreign assets over a certain threshold amount to report those foreign assets annually on their federal tax returns filed with the Internal Revenue Service.
Specified individuals with foreign assets meeting a certain reporting threshold must report their foreign financial assets to the Internal Revenue Service annually using Form 8938.
Texas es un estado de propiedad comunitaria, lo que significa que los ingresos obtenidos por cualquiera de los cónyuges durante su matrimonio son un elemento de los ingresos de la comunidad. Hay ciertas circunstancias bajo las cuales un cónyuge puede ser liberado de la obligación tributaria federal.
