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Americans are Relinquishing U.S. Citizenship at a Dramatic Rate

Aug 8, 2017 Synopsis Last week, the IRS published the names of individuals who had relinquished their U.S. citizenship or their long-term residency status (green cards) over the last quarter. The report showed that Americans are continuing to give up their citizenship at a [...]

By |2020-03-19T15:44:37-04:00August 8th, 2017|

Giving Up Your U.S. Citizenship or Green Card? Think Twice

Rope about to break, a stress concept According to the Treasury Department, the number of Americans renouncing their U.S. citizenship hit an all-time high in 2016. However, before severing ties with the U.S., it is important to evaluate the tax implications, specifically [...]

By |2020-03-19T15:46:16-04:00March 8th, 2017|

Green Card Holders Beware the Exit Tax

As a result of the increasingly burdensome international tax and regulatory regime in the United States (see “IRS Eyeing International Taxpayers”), many more U.S. citizens and permanent residents are considering renouncing their citizenship or relinquishing their green cards than did so in the past. [...]

By |2020-03-19T16:01:12-04:00October 1st, 2010|
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