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Registered
Join Date: Oct 2003
Location: London Ont Canada
Posts: 3,120
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I read there is no US Federeal inheritance tax .I,m sure the French gov,t will get a share first Some states may also want a share. There are IRS reporting requiments. If over 10k in foreign deposits they need to file a TDF 90-22.1. there is also a form 3520 which I think is for taxpayers with signing authority on foreign accounts .
Try NOT to take the advice given above about ways to hide it ,penalties for failing to comply with the reporting requirments can be up to 250K and 5 yrs. in prison.
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1980 911 SC 3.6 coupe sold
1995 993 coupe
1966 Mustang Shelby clone
1964 Corvair Spyder Turbo gone
2012 Boss 302
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