Author : Staff of the Joint Committee on Taxation,United States Congress Joint Committee on Taxation,United States Congress
Publisher : Unknown
Page : 564 pages
File Size : 52,7 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 0894992171
Review of the Present-Law Tax and Immigration Treatment of Relinquishment of Citizenship and Termination of Long-Term Residency by Staff of the Joint Committee on Taxation,United States Congress Joint Committee on Taxation,United States Congress Pdf
This Congressional review covers the tax rules related to tax-motivated citizenship relinquishment and residency termination that were enacted in 1996. Since 1966, special tax rules have applied to a U.S. citizen who relinquishes U.S. citizenship with a principal purpose of avoiding U.S. taxes. In 1996 significant changes were made to these rules.