2 ms·
>If the Exit Tax applies to you, then you will be treated as if you have sold all of your assets on the day before you renounce your citizenship and will be tax
by aww_dang 6y ago
>If the Exit Tax applies to you, then you will be treated as if you have sold all of your assets on the day before you renounce your citizenship and will be taxed on your capital gains.
https://1040abroad.com/faq/renouncing-u-s-citizenship/#:~:text=you%20will%20be%20treated%20as%20if%20you%20have%20sold%20all%20of%20your%20assets%20on%20the%20day%20before%20you%20renounce%20your%20citizenship%20and%20will%20be%20taxed%20on%20your%20capital%20gains https://1040abroad.com/faq/renouncing-u-s-citizenship/#:~:te...