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rmelenson
Feb 27, 2011, 10:53 AM
I am planning to move to Israel and become an Israeli citizen. I have US earned tax deferred income which I have invested in fixed income indexed annunities. Does the US-Israel Tax Treaty allow me to pay the taxes on my tax deferred US earned income to Israel instead of to the United States/IRS? Will doing so, help me to reduce the amount of tax dollars I will have to pay? I will be living off this tax deferred income and so would like to reduce my tax burden as much as possible.

Thank you for your answer.
Richard Melenson
[email protected]

AtlantaTaxExpert
Mar 14, 2011, 10:38 PM
There are too many variables to cover in the forum. You need to contact a competent international tax consultant who can review your case in detail and do the proper research and analysis. This is a case that face-to-face contact, with probably several meetings.