Friday, October 31, 2014

Many Americans Renounce Citizenship, Hitting New Record


Robert W. Wood reports for Forbes on the increase in expatriation, which has U.S. tax consequences. In recent years, some well-known Americans have renounced their U.S. citizenship.  In 2012, Facebook co-founder Eduardo Saverin renounced his citizenship.  In 2013, singer Tina Turner did the same.


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