Ask Experts Questions for FREE Help !
Ask
    gm139's Avatar
    gm139 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    May 17, 2007, 10:59 PM
    Capital Gain - Usa Italy
    I am an italian citizen resident in Italy. Years ago I bought shares of an american Company (an Inc). Now I am going to sell those shares.

    Am I entitled to pay the us federal tax withholding? The Ameican broker has
    Asked me to fill out the w-8ben form. Taxation should depend on the USA-ITALY
    Fiscal treaty.

    Thank you
    Guglielmo
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    May 18, 2007, 09:35 AM
    How much of a capital gain are we talking about?
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Treaty USA-Italy Non-resident Alien Tax Exemption [ 27 Answers ]

Hello, I have a question related to the non-resident alien/resident alien problems. More in detail, I have a question about the exemption under international agreements between USA and my country Italy. Briefely, I describe my situation. I am an Italian citizien. On the 3rd of September 2002...

USA/Italy treaty for taxes?. [ 3 Answers ]

I have an Italian passport, and I am now working as an opera singer with a O1 VISA for a couple of months in a major Opera Company in USA. Two questions: What's the roof of gross earnings for not being taxed when they will pay me at the end of the gig? I just got the "allowance" cheque for...

Usa-italy tax treaty [ 1 Answers ]

Hello, I am an Italian PhD doing a research fellowship UCSF. I am here on a J-1 visa, arrived July 2004 and leaving 2007. I am filing my tax return now, and I don't know if I can apply for the exemption based on the treaty with Italy or not. If I claim the exemption now, am I going to pay all...

Capital gain taxes [ 2 Answers ]

Hello atlanta tax expert, yesterday I asked a question about capital gain taxes and I didn't give all the figures, sorry about that, Maybeit will help with my new question, my wife inherited 25% of some property that her mother owned when she passed away in 1997 50% was owned by her aunt and 25% by...

Do I pay Capital gains on property sold in Italy? [ 1 Answers ]

I am a US Citizen and US resident, but I own real estate in Italy. I wish to sell it, and in Italy there are no capital gains taxes on real estate. My question is, must I pay capital gains on this property here in the States? Thanks! Sal

View more questions Search