Tax Notes International publishes “Leaving on a Jet Plane: The U.S. Tax Consequences of Expatriation” by Michael MooneyPrint PDF
Michael Mooney, chairman of Nutter, published “Leaving on a Jet Plane: The U.S. Tax Consequences of Expatriation” in Tax Notes International on March 18. Originally published in Tax Notes in February, the article was picked up by Tax Notes International, a sister publication. The article reviews the tax consequences to U.S. citizens or residents who abandon their U.S. citizenship or residency in favor of another country. It also examines the risk of inadvertent residency and taxation thereafter for those who retain ongoing ties to the United States.