U.S. Taxation Attorneys in London
The American tax regime extends well beyond the geographical borders of the United States. Foreign businesses and individuals who derive any income from U.S. sources are subject to U.S. taxation and have to consider the American tax reporting and information requirements. Likewise, U.S. citizens and permanent residents, green card holders and American business living abroad have to be mindful of their annual American tax and information referring obligations.
The attorneys of Ferman Law help businesses and individuals, American and non-American alike, navigate through the complex U.S. taxation system. Preparing U.S. income tax returns and information returns, analyzing the fiscal impact of a particular transaction, planning future investments to minimize the impact of income taxes, and liaising with local accountants and lawyers, are among the services that Ferman Law offers to ensure efficient tax planning and full tax compliance.
Disclosure Returns
If you are a U.S. citizen or permanent resident (green card holder) who has one or more foreign bank and financial accounts with a combined total value of $10,000 (regardless of the currencies in which such accounts are held) or more, you have an obligation to report these holdings annually to the U.S. treasury. We will assist you to prepare and file an FBAR (disclosure of foreign bank and financial accounts) on your behalf.
If you receive more than $100,000 in any year from a foreign person, you may need to file a Form 3520 disclosure. If you are married to a foreign national who dies and you inherit assets, we will help you with a filing requirement in addition to the income tax.
Emigration, Citizenship and Taxation
If you wish to claim U.S. citizenship, or are an American expatriate who wishes to sponsor the emigration of a family member, your tax filing with the IRS must be in order and up-to-date. We will prepare and file all necessary tax returns and other documents so you can proceed with your emigration or citizenship plans.
For further information on our U.S. taxation law services, please contact our office in London, England. Call toll free 0800 046 1478.
