| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
One very simple piece of advice
November 7, 2012,
Santiago, Chile.
There are a lot of things one could say about the election results… but very few things that are worth saying.
One point that I absolutely must make is this– after December 31st,
- Income tax rates are going up
- Capital gains rates are going up
- Rates on dividends are going up
- Estate and gift tax exclusions are going down. Dramatically.
If you are a US taxpayer, you now have 53 days to get your tax affairs in order.
It is not too late to substantially reduce your lifetime tax liability, and I strongly recommend that you get in touch with your tax planner as soon as possible, in particular to make full use of your available exclusions.
Simon Black is an international investor, entrepreneur and permanent traveler. His daily letter is both educational and entertaining, and we suggest that those who want unbiased, actionable information about global opportunities sign up for Sovereign Man’s free, actionable newsletter at http://www.SovereignMan.com.
From Simon Black of SovereignMan.com
2012-12-04 12:20:35
Source: http://www.sovereignman.com/expat/one-very-simple-piece-of-advice-9441/
Source:
