Does anyone know a good accountant that understand international law when it comes to income from investment properties?
I may be “too small” a CPA firm to help you, but what I do know about the topic comes from having several clients with investment and other income from other countries. I would suggest you contact the CPA societies in your area and ask for referrals (link below). I didn’t spot “international” in a quick look at the site, so you may need to dig more deeply. Then interview several of them to see if there’s a match with your situation. It’s important to consider the particular investment in light of any income tax treaties between the country in which the investment is situated and the United States. Generally income from a business or real property can be taxed in the country in which it’s located. If the property is owned by a US resident or citizen it’s also taxed here in the US, though the foreign tax credit can reduce federal (but not state) tax liability. A securities account held in another country by a US citizen or resident normally has income tax withheld from income (the usual
