It is vital that wealthy international investors in the U.S. stay informed of changes to laws that may affect their businesses and assets. When you follow our estate planning and business law attorney blog, you can be sure that we will keep you updated on new laws as well as making sure you understand how existing laws could affect you and your dependents or beneficiaries. Read our blog here.
- Page 6
-
Three Reasons Why José José Needed anJosé José died in Miami without a will or international estate plan. MEG International Counsel provides three reasons he needed them.
International Estate Plan -
CRS Tax Information Is Stolen From Bulgaria—Citizens and Residents of Canada and New Zealand Are Also AffectedOn August 2019, the government of Bulgaria was robbed of the tax & identity information collected from Bulgarian and other countries’ taxpayers under CRS rules.
-
France Will Continue Cooperating With FATCA, Making Life Complicated for Those With Dual French-American CitizenshipThe Conseil d’Etat rejected France’s withdrawal from FATCA, thus likely discouraging attacks on the intergovernmental agreement in other countries.
-
Resident-Aliens Are Subject to Deportation for Filing False Tax ReturnsA Japanese couple’s deportation for filing false tax returns was recently upheld by the U. S. Supreme Court, highlighting the risk of deportation for any crime.
-
How Foreigners Should Gift Money to U.S. Citizens and Resident-AliensThe U.S. imposes a tax on foreigners for gifts to U.S. residents originating inside the U.S., but there are ways to legally avoid this tax if you plan ahead.
-
FATCA Clashes With France’s Constitution and Threatens to Terminate FATCA UnilaterallyFrance has recently criticized the Foreign Account Tax Compliance Act agreement with the U.S. and may decide to withdraw if certain concessions are not made.
-
There is No Substitute For the 2 Most Important Estate Tax Deductions in the United StatesForeign nationals with interests in the U.S. should be aware of the estate tax deductions that may be available to them to protect their assets.
-
IRS Releases 2019 Estate and Gift Tax ExemptionsThe IRS has released the updated 2019 estate and gift tax exemptions. This information plays a critical role in the estate planning process.
-
Certain Cash Purchases of Residential Real Estate in Six Major Metro Areas to be Investigated by FinCENThe Financial Crimes Enforcement Network has widened its targeting efforts beyond Manhattan and Miami, now targeting areas in California and Texas as well.
-
Partner Antonio Gastélum Hosts the Latin Private Wealth Management Summit in Panama City, PanamaAntonio Gastélum of MEG International Counsel, PC hosted the Latin Private Wealth Management Summit in Panama in October 2018, marking his third time hosting.