Renounce citizenship?

16 Jan

consider all of the
available planning options that can be used to
potentially mitigate some of the adverse effects of
Fatca. “This is especially important as there are certain
established federal regulations aimed at discouraging
Americans from renouncing their citizenship for tax
reasons,” he said. “These complex rules can include
hefty exit taxes and/or gift taxes, although there are
many exceptions that can be applied.”

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