Webinar: The Problem of Section 2801

Typically only the transferor is subject to U.S. gift or estate tax. Section 2801 imposes a tax on a U.S. recipient of gifts or bequests from a covered expatriate. The final regulations for Section 2801 were published and became effective in January 2025. Debra will dive into the rules under Section 2801 and the new regulations and explain the impact on U.S. recipients of gifts and inheritances from covered expatriates.