The Impact of Trump's 2024 Victory on US Expats: The End of Citizenship-Based Taxation?

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Link to John's slides: https://drive.google.com/file/d/1xAf4...

Join host Anthony Parent, Esq along with John Richardson, Esq. and Keith Redmond for this special episode of IRSMedic where our we delve into one of Donald Trump's pivotal campaign promises for 2024 - the adoption of the Republican overseas platform, specifically targeting the end of citizenship-based taxation. If elected, what does this mean for the millions of American expats living around the globe?

Episode Highlights:

• Understanding Citizenship-Based Taxation: We'll break down what citizenship-based taxation is, why the US is one of the few countries employing this system, and how it currently affects American expats.
• Trump's Pledge: Detailed analysis of Trump's commitment to shift to a territorial tax system, similar to what many countries use, where only income earned within the country's borders is taxed.
• Implications for Expats: What would this change mean for your tax obligations, financial planning, and day-to-day life abroad? We'll discuss potential benefits like reduced tax complexity, savings, and how it might affect investments and foreign income.
• Economic and Political Analysis: Experts weigh in on the feasibility of this policy change, the political battles it might entail, and its economic ramifications both domestically and internationally.
• Expat Reactions: Live segments featuring interviews with US expats from various countries, sharing their hopes, fears, and current experiences with the taxation system.
• Global Perspective: How might other nations respond to this shift in US tax policy? We explore international tax treaties and how they could be influenced.
• Q&A Session: Your chance to ask questions directly to our panel of tax experts, policy analysts, and legal advisors on what this policy shift could look like in practice.


Whether you're an American living abroad, considering moving overseas, or just curious about international tax law, this episode promises in-depth insights crucial for understanding the potential sea change in expatriate taxation under a Trump administration in 2024. Tune in, get informed, and join the conversation!


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