In 1975 I watched Jimmy Ellis blast through the pack at the LA Coliseum on a bike that virtually no one else was riding. I was so impressed with his performance that I bought my first Can-Am shortly afterward. I eventually purchased a Can-Am dealership (1980-82) and started working with a factory support rider. To the dismay of many, Bombardier stopped making Can-Am motorcycles in the mid 80's. After I searched the Internet for information about Can-Am motorcycles and found nothing, I decided to create this page for those of you who might share an interest in these machines.
From the IRS: ....foreign earned income is income you receive for services you perform in a foreign country during a period your tax home is in a foreign country and during which you meet either the bona fide residence test or the physical presence test..
Your worldwide income is subject to U.S. income tax, regardless of where you reside. Among the tax issues confronting US persons living abroad are additional reporting requirements for foreign bank and investment accounts, along with a number of applicable exclusions, deductions, and tax credits.f you live abroad and work for a foreign employer, and are sent to the US on business, all wages earned while physically in the US are considered US-source income. Also, income earned in international airspace, international waters, Antarctica, outer space, etc. are treated as US-source income.