Re: Tax consequences of becoming a US citizen.

On Tue, Jul 09, at 11:52AM, An Metet wrote: | What are the tax implications of a US resident green card holder, with substantial assets both in his original nation and in the US, of becoming a US citizen? Well, think positive because you're already screwed. If you have a greencard, you're tax implications are the same (or have been for me thus far) as a US citizen. if you have a green card, you can either give it up (for the loss of legal tax juridsdiction of the IRS over you) or get a US citizenship since you're already in their jurisdiction anyway.