Review of the Present-Law Tax and Immigration Treatment of Relinquishment of Citizenship and Termination of Long-Term Residency
Author | : Staff of the Joint Committee on Taxation |
Publisher | : |
Total Pages | : 564 |
Release | : 2005-01-01 |
ISBN-10 | : 0894992171 |
ISBN-13 | : 9780894992179 |
Rating | : 4/5 (179 Downloads) |
Download or read book Review of the Present-Law Tax and Immigration Treatment of Relinquishment of Citizenship and Termination of Long-Term Residency written by Staff of the Joint Committee on Taxation and published by . This book was released on 2005-01-01 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.