This program explores the tax ramifications of expatriation, which potentially impact both the expatriating individual and her future beneficiaries. We will begin with a discussion of background rules and alternatives for citizens to at least mitigate overarching American tax application—like Puerto Rican tax residency. Next, we will provide background on the “covered expatriates” to whom special tax rules apply, then explore the details and application of those tax rules.

Then the program will discuss the potential ramifications for future beneficiaries of the expatriate and special rules which can apply to the covered expatriate after United States ties have ceased. Lastly, the program will explore strategies for avoidance of “covered expatriate” status and timing considerations.

Learning Objectives:

• Evaluate the tax ramifications of expatriation, which potentially impact both the expatriating individual and her future beneficiaries


• Summarize the “covered expatriates” to whom special tax rules apply, then explore the details and application of those tax rules


• Determine potential ramifications for future beneficiaries of the expatriate and special rules which can apply to the covered expatriate after United States ties have ceased

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222