How do American immigrants make good use of tax exemption

How to avoid tax is a difficult problem for new immigrants, and it is normal to protect personal assets by reasonable tax avoidance abroad. However, in the face of the perfection and complexity of tax laws in some immigrant countries, how to avoid taxes is something that every immigrant must understand. So how to make good use of tax exemption after immigrating to the United States? Give everyone a trick. In the United States, a person can only give others $6.5438+0 million in his life, and each person can give $6.5438+0.10.0 million every year. If the gift of 1 year exceeds this amount, it must be reported to the tax bureau, or you can choose not to pay the gift tax, which means that the gift will be deducted from the future10.5 million inheritance tax allowance, but the government should know it. But gifts sometimes have to pay more taxes. For example, a pair of parents gave their children a house with a purchase price of $6,543,800+,and now the market value of the house is $700,000. Two years later, I sold my house and got $6.5438+0 million. However, the cost of this house is still $6,543,800+,and the children will have to pay capital income tax when they get $900,000. Because it is a gift, the base is calculated according to the original purchase price. If other methods are adopted, the tax amount will be different. For example, parents don't give it now, and it will be an inheritance after death. If the market price of the house is US$ 6,543.8+US$ 0,000, the base of the house is US$ 6,543.8+US$ 0,000. If the child is sold after living for two years, it will get $654.38+$2,000, and the value-added $200,000 will be taxed. In the case of inheritance, the base is the market price at the time of the death of the asset owner.