Free Consultation|USA Only +1 (866)754 4460|Outside USA +1 (516)822 3100
InfoTaxSquare.com - Website Logo
  You are here : Home  >   Services  >   Articles Directory To Open A Corporation in The USA  
TESTIMONIALS
InfoTaxSquare.com - Testimonials  


Compensation paid to an Individual or a Company located in Overseas

 
0/5 stars (0 vote)
Category : > Articles Directory To Open A Corporation in The USA
Posted On : Thu Apr 07th,2011

 
U.S Income Tax Filing Requirements for an individual or Business in overseas
 

Compensation paid to an Individual or a Company located in Overseas is required to pay taxes or not in USA?

Generally, every nonresident alien individual, nonresident alien fiduciary, and foreign corporation with United States income, including that is effectively connected with the conduct of a trade or business in the United States, must file a United States income tax return. However, no return is required to be filed by a nonresident alien individual, nonresident alien fiduciary, or foreign corporation if such person was not engaged in a trade of business in the United States at any time during the tax year and if the tax liability of such person was fully satisfied by the withholding of United States tax at the source.

If the job is performed in overseas then the individual or a company was subcontracted is not required to file USA tax return.

For Additional information please refer IRS Publication 515.

 

  


Committed to give our users most updated news!
For instant news please subscribe at www.infotaxsquare.com


Leave Your Comments
Your name :
Email Address : Will not be published
Please enter your email if you want us to send answer to your email. We have a strict policy of not to share your email address with any other party.
Your message :
Insert these letters into the textfield below: (required, case-sensitive): XbTWa
Do you want to Subscribe for
InfoTaxSquare Business News Bulletin?
Yes
No
Comments (0)
Load More
No Comments found, Be the first to write comment
 


InfoTaxSquare.com - 10 Successful Years
Copyright © 2010, Infotax Square All Rights Reserved.
InfoTaxSquare.com - Allows Payment Processing With Visa, MasterCard, American Express and Discover
Terms and conditions, features, support, pricing and service options subject to change without notice.