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GreenPips
Apr 14, 2012, 08:11 PM
Hi. I am new to this forum. I read several threads and find it really interesting.

This is my first question here.

Does a resident of U.S. have to file anything or pay any taxes if he or she receives a loan from a private individual from overseas through money transfer made from overseas bank to US bank account?

Thank you.

AtlantaTaxExpert
Apr 14, 2012, 08:18 PM
No, there are NO transfer taxes in the United States,