Published: 08.01.2026
Moving to or spending more time in the United States can affect an individual’s tax residence and reporting obligations. KPMG recommends assessing worldwide income and gains taxation, interactions with taxes in other countries, and compliance requirements before departure.
According to the source, a central issue for anyone moving to the United States is determining where they are tax resident and for which periods. This can affect taxation of worldwide income and gains, interactions with other countries’ tax systems, and reporting obligations involving overseas assets or structures. The issue is especially relevant to people relocating long term while retaining foreign income, investments, or other assets. It is worth reviewing before departure because timely planning may affect overall tax costs and exposure to penalties.
- 🤔 kpmg.com