Tax consequences of becoming a US citizen.

Gabriel Rocha gabe at seul.org
Tue Jul 9 13:19:19 PDT 2002


		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.





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