In the News


Overview of US Tax and Reporting System

  • picture of Jennie Cherry
    Jennie Cherry
  • picture of George N. Harris, Jr.
    George N. Harris, Jr.

US persons, both individuals and trusts, and non-US persons with US investments have seen an increase in their US tax reporting obligations over the last few years. In addition, the American Taxpayer Relief Act, effective January 1 2013, changed the gift and estate tax exemption amounts for US citizens and non-citizens domiciled in the United States and modified the income and transfer tax rates. Download