August 11, 2016

A Citizenship Renunciation FAQ

All Expatriates Need to Know to Leave the United States Behind: As a U.S. citizen or long-term green card holder, you love your country or at […]
July 3, 2015

What to Know Before Considering a Decision to Expatriate

SECTION 877 AND EXPATRIATION IRC Section 877 virtually eliminates most of the tax benefit sought by expatriation (a decision to expatriate by moving out of the […]
March 26, 2014

Can you avoid the Exit Tax prior to expatriating from U.S.

Possibly. It is often very difficult to entirely remove oneself from the U.S. tax system, but with proper exit planning the associated tax bite can be […]
March 25, 2014

What is the exit tax?

For all taxpayers that expatriate after June 16, 2008, the new Internal Revenue Code §877A applies. IRC 877A imposes a mark-to-market regime, which generally means that […]
March 25, 2014

What is expatriation and how is this accomplished?

It is well settled that anyone may renounce his or her United States citizenship. In 1868, Congress declared “the right of expatriation is a natural and […]
March 25, 2014

Nationality and Residency for Federal Tax Purposes

NATIONALITY: The Internal Revenue Code taxes both citizens and resident aliens on worldwide income and places limitations on U.S. taxation of nonresident aliens. Consequently, the determination […]