Tuesday, April 27, 2010

NYTimes: More American Expatriates Give Up Citizenship

Expats renouncing citizenship because of tax required to be paid on
income over $91K even if already taxed in the foreign country already.
And because they're prevented from opening bank accounts without a US
address.

More American Expatriates Give Up Citizenship

A growing number of overseas Americans are renouncing their
citizenship over taxation and banking problems.

http://nyti.ms/8WXjco

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