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Revision as of 02:07, 6 August 2026


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Moreover, foreign source earnings are for services performed away from U.S. If resides abroad and is employed by a company abroad, services performed for the company (work) while traveling on business in the U.S. is said U.S. source income, and still is not be subject to exclusion or foreign breaks. Additionally, passive income from a U.S. source, such as interest, dividends, & capital gains from U.S. securities, or You.S. property rental income, furthermore not subject to exclusion.

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Structured Entity Tax Credit - The irs is attacking an inventive scheme involving state conservation tax loans. The strategy works by having people set up partnerships that invest in state conservation credits. The credits are eventually burned up and a K-1 is issued to the partners who then take the credits on their personal pay back. The IRS is arguing that there's no legitimate business purpose for the partnership, which makes the strategy fraudulent.

Copyright 2010 by RioneX IP Group LLC. All rights shy. This material may be freely copied and distributed subject to inclusion of this occurence copyright notice, author information and all of the hyperlinks are kept unchanged.