6.1 IntroductionArticle VI (Income from Real Property) affirms the jurisdictional powers of the source State to impose its income tax on income derived by the resident of the residence...
Bases for asserting jurisdictions
Who to tax?
What income to tax?
Personal relationship between a taxpayer and the country
This concept also applies to corporations and other type...
Gross income comes from following categories of income:
Interest, Dividends, Personal Services, Rentals, Royalties, Gains from disposition of property.
Leasing generates rental income....
Resident aliens in the United States are taxed on their world wide income. Nonresident aliens are taxed on their U.S source income.
Code Section 7701(b)(1)(A)
An alien will be considered...
If a taxpayer has personal relations with one country (Home) and derives income from another country (Host) it can cause a double taxation issue. The host country will most likely...