News Article
Womble Carlyle International Tax Attorney Zion Levi Discusses Tax Implications for Dual-Citizens Living Outside the U.S. With Israeli Media
May 24, 2010
Womble Carlyle attorney Zion Levi gave a Hebrew-language interview to Ynet, a leading Israeli news Web site, about tax implications for U.S. citizens with dual citizenship living abroad.
The article talks about the implications of U.S. taxation on dual-citizens (i.e., individuals that are citizens of the U.S. and another country, such as Israel) living outside of the United States, and their constant struggle in complying with the “taxation of worldwide income regime” under U.S. tax law.
This is the second Hebrew-language interview Levi has given on this subject in recent weeks. Last month, he talked with Globes, a leading Israeli business newspaper, about the latest heightened enforcement activities at the IRS involving concealed off-shore bank accounts, businesses and assets of U.S. persons, including criminal prosecutions of tax dodgers.
Zion Levi’s practice encompasses all facets of federal income tax law, with a particular focus on international tax issues including transfer pricing, international mergers and acquisitions, and inbound and outbound investments and transactions. He practices in the firm’s Washington, D.C. office.
Click here to read the Ynet article in Hebrew.
Click here to read the Ynet article in English (via Google).
This document is intended as an informational reminder and does not constitute legal advice. If you have any questions or would like to discuss a particular situation, please contact Womble Carlyle Sandridge & Rice, LLP. The purpose of this article is to provide general information about significant legal developments and should not be construed as legal advice on any specific facts and circumstances.