The US might have the most complex international taxation and information disclosure rules in the world. The US is the only industrialized country that taxes its citizens on worldwide income. The Internal Revenue Service (IRS) has been aggressively enforcing the intricate income and information reporting / financial disclosure rules, leading to such items as the Offshore Voluntary Disclosure Program (OVDP) and Streamlined Foreign / Domestic Offshore Procedures. As an example, many people simply don’t know they must disclose the existence of foreign bank accounts, even if someone is a US citizen but hasn’t lived in the US for several years (or ever).

Because of the tax system, more people than ever have been renouncing citizenship and abandoning Green Cards. Based on specific laws passed by Congress, renouncing citizenship is a taxable transaction, and so is abandoning a Green Card in certain situations.

This course discusses the specific US rules on expatriating. It also discusses the general rules for US persons transferred to foreign companies, including practical implications of the transfer and the impact on global after-tax cash flow. 

Learning Objectives
  • Discover how / why the US taxes based on citizenship, not simply residency.
  • Explore the impact / burden of worldwide taxation.
  • Discover why and how people are expatriating
  • Recognize precisely whom the rules impact.
  • Discover the deemed taxable transaction upon expatriating and recognize the tax calculation.
Last updated/reviewed: August 5, 2023
8 Reviews (40 ratings)


Anonymous Author
This course covers the tax reasons why someone may want to relinquish US citizenship and the circumstances that trigger a tax. I don't think it requires too much previous knowledge of US tax law, as this part of it is a separate topic from most tax issues.

Member's Profile
Well presented. Though the topic is a bit dry, the instructor used enthusiasm and great examples to keep the presentation interesting.

Member's Profile
Your enthusiasm and energy in teaching this topic made it much more interesting and more easily to keep my attention on the lesson.

Anonymous Author
Great overview. However, the instructor has a very low voice, which sometimes makes it hard to hear what he was saying.

Member's Profile
The course was interesting, but the audio was bad, I could not understand some topics due to the audio issues.

Member's Profile
instructor hit the highlights and important areas of the international tax topic.

Member's Profile
summary was concise and limited to just need to know info

Anonymous Author
Great overview!

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
  Introduction to Expatriation: Top Ten International Tax Topics 00:38
  Topics 10 & 99:25
  Topic 8 Know US Citizens' Tax and Reporting Obligations8:58
  Topic 7 My Reaction3:26
  Topics 6 & 59:31
  Topic 4 Your Expatriation Date is Important3:18
  Topics 3 & 24:54
  Topic 1 The Fun Doesn't Stop Just Because You Expatriated. What else is Important?2:30
  Expatriation: Top Ten International Tax Topics 42:42
  Slides: Expatriation: Top Ten International Tax Topics for people renouncing US citizenship or transferredPDF
  Expatriation: Top Ten International Tax Topics for people renouncing US citizenship or transferred Glossary/IndexPDF