Foreign investments are tax free?

I was told that foreign investment capital gains are tax free by my accountant. I don't believe him. Is it true?

No, although foreign taxes paid can generally be taken as a credit on your US taxes.

Who am I to argue with an accountant, but if this had been a test , I would have Failed.

What country doyou pay tax in,? In What country is the capital Gains,? And what is your definition of a capital gain in this instance,? (stock, Real Estate ??)

Most countries want tax paid on any worldwide income or gain.

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　　Earn Money 　　Direct Investment 　　Debt Financing 　　Capital Investment 　　Business Investment 　　Business financing 　　Business Invest 　　Business Debt

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