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Deductions & credits
@szcyxzh , agreeing with @ShirlynW , suggest you consult a tax attorney familiar with international taxation --- this is because by this change you are transferring ownership from US person to a Non-Resident Alien and to a foreign bank ------ it could be a gift or could be payment for something and may come under money laundering --- please consult a lawyer.
March 1, 2023
9:53 AM