Holland Knight clinic on avoiding US “international tax” traps


I came across this incredible summary while researching another issue. It’s enough to make anyone want to avoid the U.S. entirely. Please note that this was written in 2007. Therefore, it should be read to identify “issues” and NOT as a final statement on the law as applied to those “issues”. As you know, times change and the law changes. Nevertheless, you will be horrified by the sheer number of rules/regulations and the complexity thereof.