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Renouncing Your Citizenship to Stick It to the Tax Man? Not as Easy as it Looks

Published in Renouncing Your Citizenship to Stick It to the Tax Man? Not as Easy as it Looks

A growing number of Americans are saying goodbye to their US ties and renouncing their citizenship, often because of the hassle and burden of filing US expat taxes. But will renouncing your citizenship help you avoid paying US taxes abroad? It very well may not.

In this article, Time cites statistics provided by Greenback Expat Tax Services about the number of Americans giving up their citizenship and discusses the tax implications of renunciation. You can find the full article right here or download the PDF here.

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