If a taxpayer becomes a US Resident Alien for tax purposes because he holds a green card or has remained in the United States in excess of 182 days in any one year, then he ordinarily becomes subject to US taxation on his worldwide income. If the taxpayer is a resident of a nation that […]

The Internal Revenue Code provides that anyone who spends more than 182 days in the United States may be classified as a resident alien, subject to US taxation on their worldwide income. This rule is known as the “Substantial Presence Test.” The rule is not nearly as user-friendly as merely counting the days spent in […]

It is well known that Green Card holders are United States Residents for income tax purposes and thus subject to US-taxation on their worldwide income. Taxpayers may be able to avoid US taxation through Tie-Breaker-Rules found in Tax Treaties, though this may place the green card in jeopardy. Less known is that under the Bank […]