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The foreign earned income tax exclusion for individuals : analyses and alternatives /

For tax year 2011 (the most recent data available), an estimated 445,000 tax returns claimed the foreign earned income exclusion (FEIE), which is 0.3 percent of all individual tax returns filed. Taxpayers were able to exclude from taxable income about 30 billion in foreign earned income and housing...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Milburn, Molly (Editor )
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Nova Publishers, [2014]
Colección:Government procedures and operations.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:For tax year 2011 (the most recent data available), an estimated 445,000 tax returns claimed the foreign earned income exclusion (FEIE), which is 0.3 percent of all individual tax returns filed. Taxpayers were able to exclude from taxable income about 30 billion in foreign earned income and housing costs, with about 45 percent excluding all or most of their foreign earned income. The FEIE reduces the tax liability of U.S. taxpayers working abroad even if they paid no foreign income taxes to another country. U.S. taxpayers in higher tax countries can eliminate their U.S. tax liability using the.
Notas:Title from PDF title page (viewed on September 26, 2014).
Includes index.
Descripción Física:1 online resource
ISBN:9781633219939
1633219933