Question

Identify the tax issue or issues suggested by the following situations, and state each issue in the form of a question.
Mr. KW, age 72, has lived in Los Angeles his entire life. His net worth is estimated at $95 million. Mr. KW is considering renouncing his U.S. citizenship, selling his home in Los Angeles, and permanently relocating to the Cayman Islands. The Cayman Islands impose no tax of any sort on their residents.


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  • CreatedNovember 03, 2015
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