How to Treat Gifts and Bequests from Foreign (Non-US) Persons | Let's Talk About: US Tax http://t.co/p9C50RkyAK
— V. La Torre Jeker JD (@VLJeker) June 16, 2014
Another great article from Virginia La Torre Jeker describes the reason for the taxation of gifts to U.S. citizens from “covered expatriates” as: