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5409699
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Legal
Re: You moved to another nation/give up your citizenship, can the IRS still get you?
by
odolvlobo
on
16/08/2022, 19:01:28 UTC
Quote from: Anonohmon on
Today
at 06:05:23 PM
I'm assuming an exit tax is only applicable in the event you actually have money in a bank or some sort of financial institution.
You must pay tax on unrealized capital gains on all property if your income or net worth are above certain thresholds.
https://www.irs.gov/individuals/international-taxpayers/expatriation-tax