In 2006 and in order to avoid U.S.taxes,John a U.S.citizen,moves to Buenos Aires where he becomes a resident of Argentina.Any gifts John makes in 2008 are not subject to the U.S.gift tax.

Name: In 2006 and in order to avoid U.S.taxes,John a U.S.citizen,moves to Buenos Aires where he becomes a resident of Argentina.Any gifts John makes in 2008 are not subject to the U.S.gift tax.
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Question

Quizplus · Accepted Answer

What John has done will not avoid U.S.taxation as he is still a U.S.citizen.

In 2006 and in Order to Avoid U