Vivienne Walt, TIME Magazine, Dec. 23, 2020
"Other than Eritrea, the U.S. is the only country in the world with citizenship tax rules , demanding that all Americans—including anyone born in the U.S.—submit yearly tax filings to the...
"Rich Americans renouncing U.S.
citizenship rose sevenfold since UBS AG (UBSN) whistle-blower Bradley Birkenfeld triggered a crackdown on tax evasion four years ago. About 1,780 expatriates gave up their nationality at U.S.
embassies last year...
"The number of people renouncing their U.S. citizenship is higher than ever . Now that new provisions in the Foreign Account Tax Compliance Act
have gone into effect, the feds are reining in tax dodgers living
abroad. But many of these super...