ORCOM US provides assistance on local and international tax matters (tax returns, sales taxes) for individuals in the United States with international or local needs.


Annual tax returns

With its complex tax system, the United States is the only country in the world where citizens are taxed on their income, regardless of where they live.

For an American citizen living within the country, annual tax returns must be filed. However, for those living outside the country, they will have additional tax obligations to comply with U.S. tax rules.

If a non-U.S. citizen directly (or indirectly through a partnership) makes an investment or receives income/gains in the U.S., they must also comply with U.S. tax regulations.

Due to the complexity of the American tax system, ORCOM US offers:

  • Unique and personalized assistance with creative solutions
  • U.S. tax compliance and international tax filing services, as well as advice on foreign corporate taxes, expatriate taxes, and state taxes.
  • The creation of foreign bank account reports (FBAR), FinCEN 114 form.
  • Multiple advisory services.

ORCOM US advises you on foreign tax credits, tax implications of investments and capital gains, trust and treaty compliance.

ORCOM US also assists you with estate, inheritance and tax planning for real estate purchases and retirement products.

For Americans living abroad, it is very important to coordinate tax planning in accordance with the tax laws of the country of residence to obtain the most favorable tax treatment.

Providing advice and beginning planning as early as possible can significantly reduce overall taxation and avoid late penalties associated with late filing of reports.

ORCOM US assists you in the US in the following areas:

  • Preparing U.S. individual income tax returns for U.S. residents and non-residents (1040 and 1040NR)
  • Initial immigration interviews to advise individuals on the tax consequences of moving to the US.

ORCOM US has been advising its clients for over 15 years. With a wide range of experience in the diversity of its clients and the special cases related to the complexity of the US tax system, ORCOM US is one of the leading international accounting firms.

Annual US tax returns are not to be missed. The United States has several ways to track down U.S. taxpayers around the world.

One of these is the FATCA Act, which refers to tax compliance for foreign accounts.

The FATCA Act requires foreign entities (hedge funds, pension funds, banks, insurance companies, stock exchanges, trusts, etc.) to share with the Internal Revenue Service (IRS) detailed information on the accounts of clients and account holders of American citizens.

Among the information that must be shared with the IRS are:

  • Client data,
  • Passport renewals,
  • Whistleblowers,
  • Digital channels and digital footprints,
  • Information exchange with tax treaty signatories.

When individuals learn of their reporting obligations, it is important to update their status, as failure to report to the IRS can have serious consequences, including civil and criminal penalties.

Franco-American tax treaties

France and the United States are bound by two tax treaties whose common purpose is to avoid double taxation and prevent fraud and evasion. The first is the agreement of November 24, 1978, concerning the transfer of free property due in the event of inheritance or donation, and the second is the agreement of August 31, 1994, concerning income and wealth taxes.

W-8BEN Form: Download

This form is used by foreign entities to establish their status for purposes of Chapters 3 and 4 and certain other provisions of the Code, as described below in these guidelines. Foreign persons are subject to a 30% U.S. tax (foreign person withholding rate) on U.S. source income of the following types:

      • Interest (including certain share premiums [DIO]);
      • Dividends;
      • Rents;
      • Royalties;
      • Premiums;
      • Annuities;
      • Remuneration for services rendered or to be rendered;
      • Substitute payments in a securities lending transaction;
      • Other annual or periodic gains, profits or income, whether fixed or determinable.

This tax applies to the gross amount paid and is generally collected through withholding under section 1441 or 1442.

A payment is deemed to have been made if paid directly to the beneficial owner or to another person, such as an intermediary, agent or partnership, for the benefit of the beneficial owner. Also according to section 1446, any partnership that conducts business in the United States must withhold tax on a foreign partner’s share of its effectively connected taxable income.

Generally, a foreign person satisfies the documentary requirements of section 1446 if the person is a partner in a partnership that files a W-8 Form for purposes of section 1441 or section 1442.

Nevertheless, in some cases, the documents required under sections 1441 and 1442 differ from those required under section 1446.

See sections 1.1446-1 through 1.1446-6. Moreover, the owner of an owner-like entity must itself submit, in lieu of the entity, the appropriate W-8 form for purposes of section 1446.