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    andreribsp's Avatar
    andreribsp Posts: 3, Reputation: 1
    New Member
     
    #1

    Dec 12, 2010, 08:25 AM
    Expatriate Brazilian citizen working in the United States
    I would like to know if a expatriate Brazilian citizen working in the United States have to pay tax in the US after to sold a property in Brazil. Thank you very much.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Dec 13, 2010, 06:45 AM

    If you are resident of U.S. you must report worldwide income on your tax return. You are resident of U.S. if you meet Substantial Presence Test. Your U.S. Tax Return: Substantial Presence Test
    andreribsp's Avatar
    andreribsp Posts: 3, Reputation: 1
    New Member
     
    #3

    Dec 13, 2010, 03:59 PM
    Comment on MukatA's post
    Thank you very much. I work in an American company in Brazil and I'm being transferred to the U.S. headquarters from 01/01/2011.
    andreribsp's Avatar
    andreribsp Posts: 3, Reputation: 1
    New Member
     
    #4

    Dec 13, 2010, 04:00 PM
    Comment on MukatA's post
    I plan to sell a property in Brazil and I will pay taxes in Brazil. I believe it is possible to avoid paying new taxes in the United States, correct ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #5

    Dec 14, 2010, 07:05 AM
    Yes, IF you sell the property BEFORE you achieve residency status in the U.S.

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