I have dual citizenship and am moving to Ireland. Will I have to declare US rental income in Ireland? After US tax deductions, I have no taxable income in US... Will Ireland recognize the same deductions and consider income as non-taxable? THANK YOU!
2006-09-05 11:39:24 · 3 answers · asked by Scott B 1 in Business & Finance ➔ Taxes ➔ Ireland
First step you research to find if US and Ireland has an international treaty to avoid double taxation undersigned.
Second, you determine where your incomes are generated.
Third you need to provide such information to a tax advisor in Ireland.
2006-09-05 11:57:07 · answer #1 · answered by mfacio 3 · 0⤊ 0⤋
I believe you can only be taxed on income once, in the region in which it was generated. That's how it works for multiple state income.
2006-09-05 11:44:03 · answer #2 · answered by scott n 2 · 0⤊ 0⤋
You pay tax where you reside. but if you own rental property in the US you still have to file a tax return and pay taxes.
2006-09-05 11:49:16 · answer #3 · answered by tiger 4 · 0⤊ 0⤋