by Arthur Geffen | Jun 20, 2014 | Income Tax, Off Shore, Offshore
The days of hiding assets in accounts overseas are coming to an end, says the Internal Revenue Service. On Wednesday, the IRS announced changes to its 5-year-old campaign to force greater tax compliance from millions of Americans with undisclosed foreign...
by Arthur Geffen | Jan 18, 2011 | Estate Tax, Offshore
JUST IN CASE YOU HAVE A DUAL CITIZENSHIP, YOU MAY WANT TO CONTACT YOUR ADVISOR! The US federal estate tax began applying on US assets of Israeli citizens on January 1, 2011. The tax can reach a maximum of 45% on the transfer of a deceased person’s assets to his...
by Arthur Geffen | Jul 22, 2010 | Asset Protection, Income Tax, International, Offshore
OFF SHORE TRUSTS ARE STILL AN OPTION, BUT EXAMINE YOUR MOTIVES! You Don’t Have To Move Your Money Offshore To Get Asset Protection – Forbes.com