US persons who make certain gifts (including bargain sale at less than fair market value) to any one donee in excess of the annual exclusion will be required to file a US gift tax return, whether or not any tax is due after any applicable marital deduction and lifetime exemption. Scope of taxation and availability of annual exclusion, marital deduction, and lifetime exemption differ between US domiciliaries (e.g. US citizens and green card holders) and non-domiciliaries. Gift and/or estate tax treaties may also be invoked to resolve domicile issues and/or alleviate double taxation. Our services help expatriates and foreign nationals comply with the relevant reporting requirements.
