Why do new immigrants apply for tax numbers?

Withholding tax cannot be returned because there is no tax number. Because EB-5 is now in a long queue, new immigrants buy school districts first and send their children to the United States in advance. Therefore, many of them have suffered such losses. Before, a friend planned to send his children to school in the United States in advance, so he bought a school district house of 900,000 dollars. As a result, it was later found that this school had to take the exam, and it was not enough to buy a school district house, so he sold the school district house for $6.5438+0 million and earned $6.5438+0 million.

Do you know how much tax he deducted? Withholding tax is very high, federal tax 15% and state tax 3.3%, so the total withholding tax rate is 18.3%. If it is deducted from the selling price 1 10,000 USD, the withholding tax is183,000 USD. If the tax rate is 30%, then the tax he should actually pay should be $6,543,800 multiplied by 30%, that is, $30,000, so he can actually return the tax of $6,543,800+0,530. But because he didn't have a tax number, the tax could not be refunded and was handed over to the US government in vain.

Why do foreigners also apply for tax numbers?

Many people didn't obtain American identity or didn't intend to immigrate to the United States at all, but he made investments in the United States, bought American insurance, American real estate and so on. This will also involve the issue of taxation. Once he is deducted from the withholding tax, there is no tax number, and this tax cannot be refunded. So foreigners who want to invest in the United States also apply for a tax number.

How can there be a fine for filing taxes before April 15 of the second year after logging in?

Are American grants student loans? Can students who invest in immigrant families apply?

There are three kinds of financial aid for studying in the United States: grants, scholarships and student loans. Student loans are repayable, but the first two are not repayable. If you get good grades, you can apply for a scholarship. If you have no financial resources, you can apply for a grant.

Students who invest in immigrant families can apply for different subsidies according to their own conditions, and of course they can also apply for grants, provided that there are no assets under the students' names. But you must be 18 years old or older, and you can apply for a grant when you go to college.

Do asset price evaluation when landing, will the property bought five years ago be recognized by the IRS? Or can it only be evaluated according to the purchase price?

Many investors will encounter this problem, and this situation may not be recognized. In order for the IRS to recognize it, it must meet their requirements.

My children have been studying in America for more than 6 years. Suppose I get a green card next year, do I have to pay withholding tax?

If you are an international student, you will automatically become a tax resident of the United States in the sixth year. If you have no income, you don't have to pay taxes. If you owe more than $65,438+0,000, you only need to pay withholding tax. If you don't owe tax or don't need to pay tax, you don't need to pay withholding tax.

When it comes to American immigration tax, many people are afraid. The complicated tax returns and tax policies abroad are afraid that an accident will trigger various lawsuits. In fact, American taxation is not as complicated as imagined. As long as we understand the taxation rules of the United States, we can avoid the misunderstanding of taxation of American immigrants.

Further reading: the conditions of American investment immigration

Now immigration has become a very popular trend, and there are many friends who immigrate to the United States. In view of this situation, the immigration methods in the United States are also diversified, among which investment immigration is a kind of immigration method, which is deeply loved by domestic friends. Some friends who don't understand these aspects are asking what are the main conditions for American investment immigration? For this problem, let's give you a detailed introduction.

Investment refers to providing capital. Capital includes cash, equipment, inventory or other real estate. Time deposits, government bonds and other securities that can be easily converted into cash, as well as loans, can all be regarded as capital. Investment funds shall not be obtained by illegal means. According to the implementation rules, the applicant should use foreign business records, personal and corporate tax returns and other documents to prove that the acquisition of investment funds, pure real estate investment, purchase of temples or houses, and waiting for appreciation are not in compliance with the regulations. Enterprises must be new, and buying existing enterprises does not meet the requirements, but there must be flexible measures in the implementation rules. New commercial enterprises include the following three types: 1, to create a brand-new business; 2. Buy out the difficult enterprises, rectify or reorganize, and retain the original employees; 3. Buy and sell existing businesses and expand them. The so-called expansion refers to increasing the net asset value of the original business by more than 40%, or increasing the number of employees employed by the original business by more than 40%.

To apply for immigration by expansion, you must also meet the basic requirements of 10 employees for capital and employment. A new business company can be invested by one person or by two or more investors. The legislative spirit of investment immigration lies in creating employment opportunities. A new business enterprise must employ at least 10 full-time employees. Employees refer to those who provide services in exchange for salaries, excluding contractors. When I say all, I mean working more than 35 hours a week. If two people are in charge of the same post and meet the above-mentioned standard of hours, they can also be regarded as full-time employees. Qualified employees include American citizens, foreigners with permanent residency and foreigners with legal work permits. Excluding investors, their spouses and children.

There is a very broad provision in the detailed rules for the implementation of American immigration law that investment immigrants can hire 10 full-time employees, that is, applicants with investment visas can first put forward a plan, stating that the company needs to hire at least 10 employees who are not its own or spouse's children within two years, but it does not need to hire 10 employees at the initial stage of the company. The new American immigration law imposes a two-year investment restriction on investment immigrants. That is, investment immigrants, spouses and children can first obtain conditional residence status. Two years later, if the Immigration Bureau determines that investors have indeed fulfilled the relevant regulations, investors, their spouses and children can become permanent residents of the United States. Investors can hire 65,438+00 employees on the last day during the two-year investment period. After investors and their relatives get a green card, they can't hire employees if they don't need to work.