United States tax matters can be confusing to even the most seasoned American expat. In addition, although they may not realize it, foreign persons with US connections may also be impacted by US tax issues. Many non-US persons have a connection to the USA in some manner. Perhaps a family member is married to a US person; perhaps a family member has been studying in the US and may decide to remain there or to get a green card. Other connections can exist such as the desire to purchase US real property as an investment or a vacation home; or a desire to invest in the US securities market; maybe the family has a business which is now taking on US connections, for example, by selling goods or providing services into the US. In any such instance, US tax issues must be considered and planned for.
Many US persons have specific US tax issues because they live overseas, purchase property overseas, are married to so-called nonresident aliens etc. Proper advance tax planning in these situations can be very beneficial.
With the advent of the “Foreign Account Tax Compliance Act” (FATCA) US persons living abroad are learning of their tax filing duties. With FATCA, tax obligations must now be fully addressed and understood. Tax compliance is a must. Ignoring the issues will NOT make them go away and can result in payment of a lot of money to the US government in the form of tax dollars and possible penalties! Expatriation or relinquishment of one’s “green card” are big decisions and each can involve significant US tax ramifications.
Virginia La Torre Jeker J.D., offers expert insight into the latest changes in American tax laws and outlines the tax obligations of American expats and foreign persons with US connections. Virginia has an expertise in FATCA, how one can become US tax compliant, expatriation issues, as well as other international tax matters. She shares much of her expertise in her blog postings.
About The Author
Virginia La Torre Jeker J.D., BASED IN DUBAI
Virginia has been quoted in the New York Times, Newsweek and the Wall Street Journal and is regularly quoted in many local news articles and publications. She has been interviewed by CNN and has been invited for local television appearances. She is regularly asked to speak at numerous conferences and seminars and has published a vast array of scholarly works on US tax issues, some of which have been referenced by other attorneys or organizations both to the US courts and US Congress.
Virginia has over 30 years of experience specializing in US and international tax planning as well as international commercial transactions. She has been based in Dubai since 2001; prior to that time she worked in Hong Kong for 15 years as a US tax consultant for international law firms, major banks (including HSBC) international accounting firms (Deloitte) and trust companies. Early in her career she worked in New York with the top-tier international law firm, Willkie Farr & Gallagher.
Virginia served for a number of years on the Professional Tax Advisory Council, American Citizens Abroad, Geneva, Switzerland up until the time that the Council was formally disbanded in 2017. She was a guest lecturer at the University of Hong Kong, LL.M Program (Law Department) and served as an adjunct Business Law professor at the American University of Dubai and at the American University of Sharjah where she also taught ethical aspects of internet based transactions.
Virginia is also an accomplished author having published 3 children’s books while living in Hong Kong.
Virginia provides US tax consulting and she can be contacted per below.
This is not legal advice and cannot be relied upon as such.
We trust readers can understand that we receive inquiries on a daily basis from individuals reading this blog. Please bear in mind that we must service our clients and we cannot answer any tax questions via this blog. If you wish a formal, paid consultation please contact Virginia below.
Virginia La Torre Jeker, J.D.
VLJ US Tax Advisory FZE
United Arab Emirates
Tel: +971 4 885 8202
Mobile: +971 50 551 3011
Email: [email protected]
Please note all work on this blog is the sole property of Virginia La Torre Jeker and is subject to copyright. If you wish to quote from any of my posts or hyperlink to any posts, please make sure that I am given appropriate credit in a conspicuous place on your own posting. As part of this credit, please include the link to my blog post from which you are quoting.