Share this content on Facebook!
05 Oct 2017

US Expat Singapore

So a couple of customers have been getting some information about the Net Investment Income Tax (NIIT). The reason for the NIIT is to guarantee that people with high wage levels earned from non-wage sources add to the extended human services program in a comparable way as people subject to withholding charge on their wages. At the end of the day, the NIIT is intended to take care of the expense for extended Medicare scope. My first reaction was back on April fifth – http://derrenjoseph.blogspot.sg/2014/04/four-things-to-think about-net.html 

Presently addresses are around whether American Expats are really at risk for this assessment? The issue is whether the NIIT is a Medicare assess, subject to exclusion under a...