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Thursday, April 05, 2012

Rowbotham & Co LLC article : Expatriation: A Growing Trend for U.S. Citizens

As a result of the intensifying international tax compliance environment, many U.S. citizens are re-evaluating the cost of keeping their U.S. passport, once dubbed the “gold card.” For those wishing to expatriate (giving up U.S. citizenship), there may be an exit tax as though one had sold their worldwide assets at current fair market values.

For those entering the U.S. as new residents, there is a greater need for pre-arrival planning. Read more (PDF)...
posted by Charles Monat Associates at 10:26 AM


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