jgerpe
Feb 21, 2006, 12:09 PM
Dear Expert-
A client is telling me (I'm an RIA) when he relocates to Australia, he will be taxed on a current year basis on his IRA Roll-over. He will not be taking any distributions from this roll-over, which would stay in the U.S. He has been told of this tax by someone with KPMG. Is this true?
Thank you for your response,
Jg
A client is telling me (I'm an RIA) when he relocates to Australia, he will be taxed on a current year basis on his IRA Roll-over. He will not be taking any distributions from this roll-over, which would stay in the U.S. He has been told of this tax by someone with KPMG. Is this true?
Thank you for your response,
Jg