New Expatriation Law Affects Certain US Citizens and Residents

New Expatriation Law Affects Certain US Citizens and Residents

Client News

The Heroes Earnings Assistance and Relief Tax Act of 2008 (the "Act") was signed into law on June 17, 2008, marking a dramatic change for those individuals who choose to relinquish US citizenship or terminate status as a long-term US permanent resident. New Internal Revenue Code §§877A and 2801 are effective immediately, affecting certain US citizens who expatriate and certain long-term US residents who terminate US residency on or after June 17, 2008.

Please see our recent Email Alert to learn more.

Notice

Unless you are an existing client, before communicating with WilmerHale by e-mail (or otherwise), please read the Disclaimer referenced by this link.(The Disclaimer is also accessible from the opening of this website). As noted therein, until you have received from us a written statement that we represent you in a particular manner (an "engagement letter") you should not send to us any confidential information about any such matter. After we have undertaken representation of you concerning a matter, you will be our client, and we may thereafter exchange confidential information freely.

Thank you for your interest in WilmerHale.

I Accept Cancel