Month: November 2014
Informal surrender of Green Card doesn’t work
By of MillarLaw A Professional Corporation On Sunday, November 9, 2014
The recent decision of the U.S.Tax Court, in Gerd Topsnik, (2014) makes it clear that an “informal” surrender of a Green Card, while recognized under immigration laws is not recognized for tax purposes. As stated in Checkpoint, ” The Tax Court held that because the taxpayer did not formally abandon his lawful permanent resident “LPR” … Continue reading Informal surrender of Green Card doesn’t work
Orwell’s 1984 30 Year Later
By of MillarLaw A Professional Corporation On Sunday, November 2, 2014
Welcome to 1984 30 years later! One of the most famous quotes from George Orwell’s 1984 is “Big Brother is Watching You.”. This quote is more true now than at any time in past. At the just concluded Global Forum on Tax Transparency convened by the OECD/G20 51 countries signed on to the automatic exchange … Continue reading Orwell’s 1984 30 Year Later
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