What I fear most after immigrating to the United States is government audit.

What's life like after immigrating to America? This is the most concerned issue for every immigrant family in China and those who plan to immigrate to the United States. Some immigrants have a wonderful life, some have a hard life, some feel that life is full, and some feel bored. But in any case, the most terrible thing in life after immigrating to the United States is auditing accounts. Due to the economic downturn, the IRS has continuously increased its efforts to investigate and deal with tax avoidance by its citizens and permanent residents overseas in the past year. With the increase in the number and wealth of Asian immigrants, the IRS has shifted the focus of tax avoidance to Asian countries, including China. Some immigration experts told the News of the World that the introduction of this regulation will have a certain impact on the psychology of immigrants in the United States and China.

China people in the United States want to transfer assets.

Last week, the IRS announced some implementation details of the Overseas Account Tax Law. According to the provisions of the tax law, as of 2011231,American citizens who live in the United States and have assets of more than $50,000 overseas, or foreigners who live outside the United States and have assets of more than $200,000 overseas must be in 20121.

The tax law also stipulates that even if the US citizenship is renounced, the US government can demand to pay taxes and fines for five years before renouncing the citizenship. As for China investment immigrants in the United States, according to the regulations, investment immigrants who own their own enterprises (holding more than 50% of the shares) in Chinese mainland must declare these assets, and at the same time declare their salaries, bonuses and investment dividends in the current year according to the relevant tax rates in the United States.

Xiaoli (pseudonym), who works for Microsoft in Seattle, USA, is currently applying for a green card. Xiaoli told the News of the World that she had long heard about the tracing of American nationals' overseas accounts, but as a working class, she was not particularly worried. ? This tax is aimed at the rich with green cards in China? .

A Chinese journalist from new york, who asked not to be named, told the News of the World that this move of the United States mainly affected the rich people who immigrated to the United States from China. He also revealed that just after the introduction of this regulation, the business of Chinese accounting firms in the United States became particularly good, and many people came to inquire about the news or understand the way of tax avoidance. ? In fact, it is not so easy for the IRS to deal with the rich. The United States has stepped up its efforts to trace overseas assets, which is more of a deterrent. ?

It is reported that many immigrants from China feel lucky about this regulation, and think that if they deposit part of their income or savings in banks in Chinese mainland, the IRS will not find out. ? Americans are not that stupid. ? According to media sources in new york, the U.S. Congress has passed a law requiring all foreign banks that want to operate in the United States to provide the IRS with account information of American residents with deposits of more than 50,000 U.S. dollars from 20 13 1, otherwise they will be regarded as not cooperating with the U.S. government. For uncooperative financial institutions, if they have income from American sources, the United States will impose a punitive tax of 30% on their total income.

Life after immigrating to the United States is unstable, because when I first arrived in the United States, I had not found a foothold. On the one hand, I want to adapt to the pace and habits of American life. On the other hand, we have to work hard to find a job and encounter a serious debt crisis. The difficulty can be imagined. Therefore, everyone should have a correct attitude and spend it safely.