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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...
| Clasificación: | Libro Electrónico |
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| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New York :
Nova Publishers,
[2014]
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| Colección: | Government procedures and operations.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- THE FOREIGN EARNED INCOME TAX EXCLUSION FOR INDIVIDUALS: ANALYSES AND ALTERNATIVES; THE FOREIGN EARNED INCOME TAX EXCLUSION FOR INDIVIDUALS: ANALYSES AND ALTERNATIVES; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1: TAX POLICY: ECONOMIC BENEFITS OFINCOME EXCLUSION FOR U.S. CITIZENS WORKING ABROAD ARE UNCERTAIN; WHY GAO DID THIS STUDY; WHAT GAO RECOMMENDS; WHAT GAO FOUND; ABBREVIATIONS; BACKGROUND.
- Relatively few individual taxpayers claimed the foreign earned income exclusion, and claiming it is more beneficial than the foreign tax credit for those in lower tax countriesu.s. tax costs could influence someu.s. overseas employment decisions, though there is little evidence the tax expenditure affects exports; the tax expenditure's net effects on economic efficiency and equity are uncertain; some alternatives could better target benefits but would add complexity; concluding observations; agency comments and our methodology; appendix i. objectives, scope, and methodology.
- APPENDIX II. PROVISIONS THAT INTERACT WITH SECTION 911APPENDIX III. COMPARISON OF TAX COSTS OF U.S. AND NON-U.S. WORKERS UNDER THE FOREIGN EARNED INCOME EXCLUSION IN DIFFERENT HYPOTHETICAL HOST COUNTRIES AND AT DIFFERENT INCOME LEVELS; APPENDIX IV. ASSESSMENT OF THE CURRENT TAX EXPENDITURE AND FOUR ALTERNATIVES; Chapter 2: INDIVIDUAL FOREIGN-EARNED INCOME AND FOREIGN TAX CREDIT, 2011; FOREIGN-EARNED INCOME HIGHLIGHTS; FOREIGN TAX CREDIT HIGHLIGHTS; OVERVIEW OF FOREIGN-EARNED INCOME PROVISIONS; TOTAL FOREIGN-EARNED INCOME.
- Foreign-earned income exclusion, housing exclusion, and housing deductionoverview of foreign tax credit provisions; foreign-source gross income; foreign taxes and foreign tax credit; summary; data sources and limitations; additional tabular data on tax stats; explanation of selected terms; index.