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PODCAST! Crash Course Info! Renouncing US Citizenship / Relinquishing Green Card – Beware The Exit Tax and More

Summary by Virginia - US TAX TALK
A very informative podcast – I would say it’s a crash course on the US #expatriation regime including the recently issued final IRS regs on the Sec. 2801 transfer tax, lots of tax tips including gifting issues to get below USD 2 million threshold, what NOT TO DO if CBP wants you to sign I-407 giving up the #greencard at the border and the potential expatriation issues involved in making a treaty tie-breaker election. #coveredexpatriate #ustax #r…
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PODCAST! Crash Course Info! Renouncing US Citizenship / Relinquishing Green Card – Beware The Exit Tax and More

A very informative podcast – I would say it’s a crash course on the US #expatriation regime including the recently issued final IRS regs on the Sec. 2801 transfer tax, lots of tax tips including gifting issues to get below USD 2 million threshold, what NOT TO DO if CBP wants you to sign I-407 giving up the #greencard at the border and the potential expatriation issues involved in making a treaty tie-breaker election. #coveredexpatriate #ustax #r…

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Virginia - US TAX TALK broke the news in on Friday, April 4, 2025.
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