The Tax Resources Blog

Posts Tagged ‘law’

International Tax Lawyers

Question: Bankruptcy lawyers – please help!?

I know that only 1-3% of delinquent taxes result in the purchaser owning the property, but:
The owner paid cash for the property I’ll be bidding on. The owner worked at an Embassy and I’m wondering:
Is there diplomatic immunity/excuses for not paying real Estate Taxes in DC proper?
Can international courts encumber property in DC proper?
Do people who work at embassies have a right to declare bankruptcy and can such a person declare bankruptcy if they bought the property for cash?

Answer: The property is subject ot property tax, not the owner. Working at an embassy does not give you immunity. Being a diplomat does. If the debtor is a citizen of the country maintaining the embassy, he would have to file bankruptcy in a home court.

Find Out What An International Tax Attorney Can Do To Help Individuals And Large Companies