As you know by now, Prince Harry and Meghan Markle, the Duke and Duchess of Sussex, welcomed their first-born son, Archie, on May 6, 2019. In a prior blog post, we discussed the US tax consequences (individual income tax, international informational, and Expatriation Tax) [...]
The Tax Cuts and Jobs Act (TCJA) made significant changes to U.S. tax law, including various aspects related to international issues. An important example is cross-border estate planning for non-U.S. families who have one or more U.S. beneficiaries and U.S. investment accounts. These families [...]
Do you live in the U.S. on a nonresident visa (e.g., G-4, A, or J visa)?Do you live outside the U.S. but own U.S. real estate or investments?Did you give up your green card or U.S. citizenship but maintain property or accounts in the [...]
While individuals expatriating from the U.S. often consider the income tax impacts of expatriation, few have a clear understanding of the U.S. gift and estate tax implications that their families may face should they, as a covered expatriate[1]: Make gifts or bequests to U.S. [...]
On August 14, 2017, TWG International Tax Director Mishkin Santa interviewed UK advisor Mark Summers on hot topics in U.S.-UK taxation. In the first part of this two-part series, Summers addresses common tax planning considerations. What are some common tax planning strategies for U.S. [...]
