Tag: exit tax
Giving Up U.S. Citizenship – Estate and Gift Tax Traps
By Sanford Millar of MillarLaw A Professional Corporation On Monday, September 14, 2015
It may be a commone misunderstanding that a U.S. citizen or permanent resident (Green Card holder) can give up their citizenship or surrender their Green Card and then as a non-U.S. taxpayer make gifts or pass their estate to U.S. taxpayers free of estate and gift tax. The IRS recognized this loophole and has proposed … Continue reading Giving Up U.S. Citizenship – Estate and Gift Tax Traps
Millar Law A Professional Corporation
1900 Avenue of the Stars, STE 2300 | Los Angeles, CA 90067
Phone: 310.486.6705 Fax: 310.861-1863
| Los Angeles Law Office Map