Guilty of GILTI? A New Tax for Some Expats

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

Guilty of GILTI? A New Tax for Some Expats

Are you guilty of GILTI? You better hope not! GILTI stands for “Global Intangible Low Taxed Income” and was enacted as part of the U.S. 2017 Tax Reform. Under GILTI, U.S. expats who own and operate businesses through foreign corporations could be forced to pay U.S. tax on their foreign corporation’sprofits, regardless of whether or not they receive a dividend!

Read Jimmy Sexton, LL.M., latest article in Inspiring Women summer issue magazine!

Read the Article here. 

Leave a Reply

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Luxury Tax
Esquire Group Consulting

Luxury Tax Boomerang: Target Rich, Hurt Average Joe

To help achieve their goals, advocates of high taxes push division, jealousy, and class war.  They portray all rich people as somehow being responsible for

Navigate by

Close Menu