Excerpted from ENFORCING THE EXIT TAX AGAINST EXPATRIATES: CALIFORNIA STATE BAR RECOMMENDS CHANGE by Joseph R Viola December 8, 2017 This piece is a report of an article by Helen S. Cheng and Dina Y. Name of Withers Bergman LLP by was originally published in the November 13, 2017 issue of Tax Notes. Here isContinue reading “ENFORCING THE EXIT TAX AGAINST EXPATRIATES: CALIFORNIA STATE BAR RECOMMENDS CHANGE”
Tag Archives: 877A
Seven Simple Points to be Made Re: Transition Tax and CFCs
This comment from the Isaac Brock Society makes basic points to be made with regard to the proposed “Transition Tax” in both the House and Senate Tax Reform Bills. Every expat who knows there are private individuals who are incorporated in their country should be contacting relevant government representatives giving them theContinue reading “Seven Simple Points to be Made Re: Transition Tax and CFCs”
NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad
It appears that we are very likely at a breaking point in this intolerable situation faced by expatriates as regards U.S. application of citizenship-based taxation. Tax reform does not happen often. It is critical that relief for expats occur in the current legislation. Many of us simply will not be around in 30 yearsContinue reading “NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad”
Relinquished before 2004? Applying for CLN now? What are the IRS consequences?
reposted from Maple Sandbox . Posted on March 6, 2013 by Pacifica777 . There’s no question with renunciation (Immigration and Nationalities Act, s. 349(a)(5)). You are relinquishing your citizenship and notifying the US government of it at the same time, and that’s the date your US citizenship ends. But what if you relinquished your citizenshipContinue reading “Relinquished before 2004? Applying for CLN now? What are the IRS consequences?”
The Devil is in the Details When it Comes to the U.S. Exit Tax
reposted from isaac brock society The Devil is in the Details When it Comes to the U.S. Exit Tax https://t.co/AtPCAdrkNK pic.twitter.com/2RiJ56jbON — Citizenship Taxation (@CitizenshipTax) January 20, 2017 //platform.twitter.com/widgets.js A very interesting discussionabout the Exit Tax has been taking place at Brock this week. In particular, the comment below from USCitizenAbroad highlights someContinue reading “The Devil is in the Details When it Comes to the U.S. Exit Tax”
Citizenship Taxation 