In the News


Overview of US Tax and Reporting System

  • picture of Jennie Cherry
    Jennie Cherry

Time marches on towards 2010 and the scheduled one-year repeal of the US estate and generation-skipping transfer taxes. In the meantime, US citizens and non-citizens resident in the United States are subject to US gift and estate tax (sometimes referred to together as a transfer tax) on their worldwide assets, and to US income tax on their worldwide income. Download