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Calgary seminar: Considering renouncing your US citizenship? – November 13, 2014

Complimentary seminars presented by: Roy A Berg JD, LLM (US TAX) and Alexander Marino JD, LLM (US TAX)

Date: Thursday, November 13, 2014
Time: 4:00 – 6:00 PM
Location: Hotel Arts, 119 12 Ave SW, Calgary, AB
Registration: rsvp@moodysgartner.com or 403.693.5100

On July 1, 2014, the US’s Foreign Account Tax Compliance Act (FATCA) went into effect, and as a result it will become increasingly difficult to renounce US citizenship for the “right reasons” and avoid any negative consequences. All evidence suggests that now may be the time to consider renouncing US citizenship.

However, renouncing US citizenship comes with many complexities. As a result, it is essential to ensure that renunciation is done properly. If not done correctly, an individual may be subject to the US Exit Tax or barred from ever entering the US again under current law.

On November 13, Moodys Gartner Tax Law will be presenting a complimentary seminar on the main topics of interest in consideration of renouncing US citizenship:

  • Pros and cons of renouncing US citizenship
  • Avoiding the US Exit Tax
  • How to avoid becoming barred from the US
  • Consequences to renouncing US citizenship if proposed law ultimately passes

Please register by Friday, November 7, 2014. Subject to capacity.