New York City Foreign Investment & Tax Lawyer

Taxation of Foreign Investments

More and more American investors are taking advantage of the ever-expanding global marketplace to seek investment opportunities abroad. Foreign investments present particular issues related to international tax law that should be immediately addressed with the help of an experienced professional. At Melnik Law Group, PLLC, we are experienced in handling issues involving the taxation of foreign investments. Our team includes experienced tax and asset protection attorneys, CPAs and support staff here to guide our clients toward pragmatic solutions that offer the best short and long-term solutions to their financial needs.

A New York City tax lawyer at our law firm can talk to you about your foreign investments, any income you have made off these and how this income may affect your taxes. American taxpayers who have foreign investments may find that they are facing tax payments not only to the IRS but possibly to the foreign country where their assets are located. However, there is a bright side. Foreign tax credit may be available to investors who realize income from foreign investment sources. This credit applies only to foreign investment income, and there are exceptions to this rule. It is therefore all the more important to discuss your unique situation with an experienced professional.

Tax Attorney Serving Brooklyn and Manhattan

In addition to assisting clients with tax planning matters related to foreign investments, our law firm can assist you if you are facing an IRS audit and are concerned about what impact your foreign investments may have on your return. We are skilled in handling tax appeals and litigation as well as negotiations and return preparation. We can therefore provide you with a comprehensive plan of action to address your concerns.

Contact a New York City foreign investment tax lawyer at our offices today.