Tax
Mar. 7, 2017
If you decide to part ways with the US, it's going to cost you
There is considerable talk today about leaving America. The head count is up, although it is still a small number compared to those who are arriving. And despite the rhetoric, it is rarely political. By Robert W. Wood
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
There is considerable talk today about leaving America. The head count is up, although it is still a small number compared to those who are arriving. And despite the rhetoric, it is rarely political. Some of it is about family, and about the pressures of America's global tax reporting and compliance regime, including FATCA (the Foreign Account Tax Compliance Act).
Giving up a U.S. passport is not to be taken lightly, nor is...
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