Tag > expatriation tax

  The expatriation tax provisions under Internal Revenue Code (IRC) sections 877 and 877A apply to US citizens who have renounced their citizenship and long-term residents (as defined in IRC 877(e)) who have ended their US resident status for federal tax purposes. Different rules apply according to the date upon which you expatriated.   Expatriation on or after June 16, 2008     If you expatriated after June 16, 2008, the new IRC 877A expatriation rules apply to you if any of the following statements apply.   Ø    Your...