Understanding the Legal Definition of a United States Person
Definition & Meaning
The term "United States person" refers to individuals and entities that meet specific criteria under U.S. law. It includes:
- A United States citizen.
- A partnership, corporation, or other legal entity formed under U.S. laws.
- A foreign partnership, corporation, or entity that is controlled by U.S. citizens or entities formed under U.S. laws.
This definition is important in various legal contexts, particularly in matters related to trade, taxation, and compliance with federal regulations.
Legal Use & context
The term "United States person" is commonly used in legal contexts such as:
- Trade regulations, where it determines eligibility for certain benefits and obligations.
- Tax laws, particularly in defining who is subject to U.S. taxation.
- Compliance with federal laws, including those related to foreign investments and national security.
Users can often manage related forms and procedures themselves using resources like US Legal Forms, which provide templates drafted by attorneys.
Real-world examples
Here are a couple of examples of abatement:
Here are a couple of examples to illustrate the term:
- A U.S. citizen who operates a sole proprietorship is considered a United States person.
- A corporation based in Delaware that is owned by U.S. citizens qualifies as a United States person.
Relevant laws & statutes
The definition of "United States person" is primarily found in:
- 19 USCS § 3813, which outlines its use in trade regulations.
- Internal Revenue Code sections that address tax obligations for U.S. citizens and entities.