U.S. citizens and long-term permanent residents who are considering relinquishing their U.S. citizenship or long-term permanent residency in the U.S. have more than just the exit tax imposed under Code
Continue Reading Thinking of Expatriating? You May Be Leaving More Behind Than You Expected
IRS Proposes Rules for Tax on Gifts From Expatriates
By Lawrence H. Heller & Norman H. Lane on
Posted in Tax Issues
On Sept. 9, 2015, the IRS issued long-awaited guidance on the 2008 legislation relating to gifts to United States persons made by former U.S. citizens and long-term residents who expatriate …
Continue Reading IRS Proposes Rules for Tax on Gifts From Expatriates