On December 15, 2016, Marc Schwartz had the honor of presenting on practical tax and other issues for expatriates at the State Bar of Georgia Conference Center. Vivian Hoard, a litigator with Taylor English, presided over the conference.
Expatriation has become a more common theme over the past few years, particularly after Congress passed FATCA (Foreign Account Tax Compliance Act), requiring additional disclosure of non-US assets for US persons.
Some of the items his presentation covered include:
1. What it means to be an Expatriate.
2. The various types of Expatriates.
3. US tax rules applicable to US persons living overseas vs Expatriates.
4. Understanding why people may renounce their citizenship.
5. Planning for businesses and individuals related to expatriation.
6. Being in compliance after you’ve expatriated.
The Institute of Continuing Legal Education (ICLE) in Georgia is the not-for-profit educational service of the State Bar of Georgia and is a consortium of the Bar and the Law Schools of the Universities of Georgia, Emory, Mercer, Georgia State and the John Marshall Law School. The ICLE hosts monthly seminars covering various subjects including International tax issues for the general practitioner.