Multinational Archives - Durfee Law Group

Multi-National Planning

In today’s world, multinational planning is not just a luxury for the few. It has become a necessity for many. Citizens of the modern economy live, play, do business and own assets in more than one place. Few of us live in the same location where our parents lived, and our children are going to expand…

Expatriation Exit Tax

By Rick Durfee

Expatriation – Giving Up Your U.S. Citizenship Is a Taxing Experience Multi-national planning can include deciding choosing where you will be a citizen. Sometimes the tax grass appears greener on the other side of the proverbial fence. Jump the fence and giving up your U.S. citizenship, can trigger an Expatriation Tax. There are three tests that…