Job Recruitment Website - Immigration policy - I immigrated to America now. I have been here for two years, and I get a tax refund every year. But I didn't report it. But I wonder if I can sign up.

I immigrated to America now. I have been here for two years, and I get a tax refund every year. But I didn't report it. But I wonder if I can sign up.

The United States has a "personal" tax system. As long as they are American citizens and taxpayers, their "global income" must be declared to the American government, and their "global property" is also within the scope of American heritage and gift tax. For new immigrants, there are five sources of overseas assets and income that need tax planning, including pre-immigration property, gifts or legacies from overseas relatives, income from overseas work (such as returnees or staying in China after getting a green card), and overseas accounts (such as real estate, stocks, loans, etc.). ), and income from international trade (American and foreign companies). The green card in the United States adopts the landing system, and it can only be counted if you report to the United States in person. So before applying for a green card or landing, you should make a good tax plan.

First, generally speaking, the value-added property is sold or given away before landing, and the property that will lose money is left behind and sold after getting a green card. In addition, if you consult an accountant who knows international tax law, in a few cases, it is beneficial to leave value-added property. In addition, the property will be donated to the trust within three years before immigration.

Second, for those who retire to the United States. Many people are eager to retire to the United States after getting their green cards. Don't receive American social welfare at the same time without filing tax returns.

Third, after living in the United States, you can sell your house within three years, so that you can enjoy the tax exemption for 250 thousand people (500 thousand couples) If you don't live in the United States after getting a green card, you can continue to live in your original place of residence without a three-year limit. If you plan to keep your house for a long time, you don't have to sell it in a hurry.

Fourth, as long as the green card does not pay taxes. When investing in immigration, the spouse with less property is the main applicant. As long as you stay in the United States for no more than 120 days each year, you can choose to become a "non-resident taxpayer", and assets and income outside the United States do not have to pay taxes in the United States. However, you may lose your green card by this method, because filing tax returns as a non-resident may be interpreted as not wanting to live for a long time. Before adopting this method, you need to consult an immigration lawyer.

Fifth, legal tax avoidance, that is, using tax exemptions, income tax treaties, foreign tax deductions and other tax incentives to reduce taxes. If you have arrived in the United States and have no time to make tax planning, you can use this method. Generally speaking, from the perspective of countries with higher tax rates than the United States, the tax paid by the original place of residence is higher than that of the United States, and all or most of the taxes in the United States can be exempted from foreign tax deduction, and the income tax treaty can also reduce the tax rate.