Blog (EN)

The CLT NY INC. blog explains U.S. taxes for Japanese expats, green card holders, people moving between Japan and the U.S., and Japanese-owned U.S. businesses. Articles are written by an IRS Enrolled Agent and grouped by topic: tax filing and deductions, payroll and state tax, visas and residency, real estate, international tax, family and estate tax, investments, business compliance, and retirement. Good places to start: the U.S. tax return documents checklist, the substantial presence test, and Form 8938 vs. FBAR.

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Owning a Japanese Corporation and Form 5471 / GILTI (CFC Rules): U.S. Resident Filing Obligations for Japanese ‘Micro-Corporations’ or Family-Owned Businesses. The Fear of Corporate Profits Being Included as Individual U.S. Income Due to CFC Rules and GILTI Tax Regime.

Blog (EN), General Tax Guides & News /

Owning a Japanese Corporation and Form 5471 / GILTI (CFC Rules): U.S. Resident Filing Obligations for Japanese ‘Micro-Corporations’ or Family-Owned Businesses. The Fear of Corporate Profits Being Included as Individual U.S. Income Due to CFC Rules and GILTI Tax Regime. Read More »