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| Title: |
US Exit Tax - What You Need To Know |
| Author: |
Marnin Michaels and Matthew Ledvina |
| Contact
Information: |
Jane MacLellan |
| Publication
Date: |
July 2008
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| Publication
Type: |
Webinar |
| Practice/Industry: |
Product Liability Litigation; Professional Negligence; Securities Enforcement & Litigation; Tax |
| Region: |
Asia Pacific; Europe, Middle East & Central Asia; Latin America; North America |
| Description: |
On 17 June 2008, President Bush signed into law a USD1.2 billion military tax relief package, which includes an Exit Tax on U.S. citizens and long-term green card holders who expatriate from the United States. The Exit Tax is part of the Heroes Earnings Assistance and Relief Tax Act (HEART) of 2008. Although the Exit Tax has been seriously considered by Congress in the past, the measure has never been approved by both Houses of Congress, usually because of disputes over the provisions the Exit Tax was meant to fund.
To learn more we invite you to participate in our complimentary webinar which will discuss the issues of consideration regarding the following new key rules:
- “Exit Tax” Property Subject to Mark-to-Market
- Gifts and Bequests from Expatriates to US Citizens and Residents Taxed
- Deferred Compensation Items
- Treatment of Specified Tax Deferred Accounts
- Special Rules for Non-Grantor Trusts
- Tax Effect of Expatriation
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| Price and Currency: |
Complimentary |
| Publication/Link: |
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