Jacob Stein provides a brief overview on how the United States taxes its citizens and residents who do business in a foreign country.
The U.S. has a different set of tax rules for Americans doing business abroad. Why?
This is because the United States has a Worldwide taxation system, which means that any money earned inside and outside the U.S. is eligibile for taxation.
In this video, Jacob discusses tax obligations, and how to maximize on tax advantages as an American doing business abroad.