Non Residence & Streamlined Foreign Offshore Procedures (SFOP)

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When it comes to submitting to the different streamlined filing compliance procedure programs, the Streamlined Foreign Offshore Procedures is the preferred program -- since there is no penalty attached to the previous noncompliance. The problem is that in order to qualify for the Streamlined Foreign Offshore Procedures, a person has to qualify as a non-resident within the United States or not meet this Substantial Presence Test. the difference depends on whether the status of the US person is Lawful Permanent Resident (LPR)/U.S. Citizen or Non-U.S. Citizen Non-Permanent Resident. The IRS is very strict when it comes to the non-residency requirement --

Видео Non Residence & Streamlined Foreign Offshore Procedures (SFOP) канала Golding & Golding International Tax Lawyers