Bloomberg BNA's Daily Tax Report published Part II of Tax Manager Ragini Subramanian's article on the complex requirements of expatriation.
By Ragini Subramanian, Manager, Tax & Business Services
Finally, the decision to expatriate is not for the faint of the heart. One must fully review the tax impact of expatriation in the U.S. and in the new home country based on the value, type, and location of assets held by the individual. Seeking professional help would be the first step in getting through the myriad of issues that this article merely touches upon.