Galia Antebi has advised U.S. and foreign clients on U.S. tax consequences of cross border transactions for over 15 years. Typical engagements address G.I.L.T.I., Subpart F, and passive foreign investment company (“P.F.I.C.”) issues. Galia advises non-U.S. clients on foreign investment in U.S. real estate, which often includes estate tax planning for clients that are foreign individuals.
Galia has significant experience counseling high-net-worth individuals and multinational families with respect to wealth preservation, often focusing on the use of trusts. A significant part of her practices involves pre-immigration planning for non-U.S. individuals and expatriation planning for U.S. individuals.
As technology companies realized large liquidity events in recent years, Galia developed a special understanding of equity-based compensation issues in cross border settings. Galia advises entrepreneurs on personal tax matters as they contemplate their compensation package or exit strategy. She advises tech company boards on the effect of U.S. tax on after-tax cash flows for founders moving to the U.S. Here, she assists boards on ways to fairly compensate founders for added tax attributable to presence in the U.S. for company benefit.
As head of the firm’s F.A.T.C.A. practice, Galia advises foreign entities on their status under the Foreign Account Tax Compliance Act and the obligations that result once an entity’s F.A.T.C.A. status is determined. She also works with foreign banks while they review client certifications for income tax purposes at the time financial accounts are opened.
Galia often speaks at professional events sponsored by organizations such as the Young Lawyers Committee of the ABA Tax Section, an international tech initiative entitled “Startup for Startup,” and the International Section of the New York State Bar Association. Galia is a regular contributor to Insights, the international tax journal of Ruchelman P.L.L.C., where she writes on topic of interests for the international tax community.