Deemed disposition

How does it work?

if i remember correctly, deemed disposition is used when a client wishes to expatriate his wealth.

schweser mentioned deemed disposition is treated like a sale of the asset. so the client would expatriate his wealth and treat the expatriation as if a sale. so he’d pay all the required div/cg/wealth taxes associated with the disposition imo.

Client moves tax residence to reduce taxes. To counteract this, the authorities apply a tax as if the assets were sold. This is deemed disposition (I think).

You nailed it, gents.