At the time of Dylan's death,he was a resident of Newark.He owns land located in a foreign country,which is subject to that country's death tax.This same land also can be subject to the Federal estate tax.

Question

Quizplus · Accepted Answer

As a US citizen, Dylan's worldwide assets including land located in a foreign country are subject to the Federal estate tax. Additionally, if that foreign country has a death tax or an inheritance tax, the estate may also owe tax in that country.

At the Time of Dylan's Death,he Was a Resident of Newark.He