American Expats and the Net Investment Income Tax

Tax Planning for Singapore, U.S. Tax Planning, UK Tax Planning /

So a few clients have been asking about the Net Investment Income Tax (NIIT). The purpose of the NIIT is to ensure that individuals with high income levels earned from non-wage sources contribute to the expanded health care program in a similar manner as individuals subject to withholding tax on their wages. In other words, […]

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