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.
Texas is a community property state, which means that income earned by either spouse during their marriage is an item of community income. There are certain circumstances under which a spouse may be relieved of federal tax liability.
Los acuerdos internacionales de seguridad social entre los Estados Unidos y ciertos países extranjeros podrían eximir o eximir a ciertos ciudadanos contribuyentes de países extranjeros con acuerdos bajo la Sección 233 de la Ley de Administración de Seguridad Social. Estos acuerdos internacionales de seguridad social se conocen como “acuerdos de totalización”. El propósito de los acuerdos de totalización es limitar los impuestos de vejez, sobrevivientes y seguros de invalidez al país donde se realizó el trabajo.
International Social Security Agreements between the United States and certain foreign countries could waive or relieve certain taxpayer citizens of foreign countries with agreements under Section 233 of the Social Security Administration Act. These International Social Security Agreements are known as ‘totalization agreements’. Totalization Agreements’ purpose is to limit old age, survivors and disability insurance type taxation to the country where the work was done.
Ciudadanos de los Estados Unidos, residentes permanentes, y algunas otras personas que están clasificados bajo 31 U.S.C. Sec. 5311 y los reglamentos promulgados deben presentar anualmente a la Red de Delitos Financieros un Informe de Banco Extranjero, Formulario 114.
