By John Bonn, Keith Gercken and Nancy Howard

On June 17, 2008, the President signed H.R. 6081, the Heroes Earnings Assistance and Relief Tax Act of 2008 (“HEART”). HEART adds new provisions to U.S. law that significantly change the tax treatment of persons who give up their U.S. citizenship or long-term permanent resident status.
 Continue Reading Summary of HEART Law (U.S. Expatriation Tax Provisions)