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Sending a Payment Abroad Form PDF, 76KB RBS International

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Sending a Payment Abroad Form PDF, 76KB RBS International

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hello Internet Jim Bakker here talking to you from sunny Miami I got a question the other day about how if my client has to pay any any taxes in the US for receiving a for inheritance and wanted to make a video to expand on this so if you're a US person and your US citizen you know that you have to report a tax on your worldwide income there's all kinds of informational reporting but you find out they're going to give you that either get a gift from your uncle who lives in another country or a distribution from a foreign trust because someone passed and it's passing to you and it's your turn to get distributions and I want to go over how that's taxed in the u.s. so from from both stand points as long as there's no assets in the US and the foreign person was never u.s. person it's not subject to any kind of tax in the US there's no tax to pay there are and for more informational disclosures that you need to make but

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