Tax
Nov. 28, 2015
Living abroad, paying taxes in the USA
Over 8 million Americans live and have bank accounts abroad. Many receive letters from their banks requesting U.S. tax ID numbers, with some banks even asking Americans to certify their compliance with the IRS. By Robert W. Wood
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
Over 8 million Americans live abroad. Most have bank accounts where they live. Of course, there are also many millions of foreign bank accounts held by stateside American individuals, American companies, and foreign companies owned by Americans. Most are receiving letters from their banks asking for their U.S. tax ID numbers.
Some banks even want you to certify you are compliant with the Internal Revenue Service. American ...
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