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URL:  http://boards.fool.com/thanks-for-the-advice-but-im-standing-on-10441146.aspx

Subject:  Re: Investing from offshore accounts Date:  12/1/1998  10:44 PM
Author:  TMFTaxes Number:  6648 of 121219

[[Thanks for the advice. But I'm standing on pretty firm ground--I think. My withhold rate is the the
default rate as my country does not have a tax treaty with the USA.

The $60,000 exemption is for non-US persons (neither citizens or legal aliens). US persons get to
exempt $600,000 from their estate taxes.]]

Fine. If you knew the answer, I'm not sure why you asked the question...or what your question actually was.

As I recall, you were asking about income taxes...not estate taxes. They are completely different.

In addition, all I really gave you were references from my tax liabrary and the IRS Publications. As I stated up front, I'm not an expert (or even a novice) in international taxation issues.

So if you are comfortable with your situation as it currently stands, that's great.

TMF Taxes
Roy
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