Renouncing your United States citizenship, or abandoning your status as a permanent resident, is not a decision to take lightly. While it does absolve you of US tax and reporting obligations, it’s a permanent, irrevocable decision that can pose significant complications — including financial ones. Beyond having to pay an administrative fee of $2,350, certain […]
Understanding the US Exit Tax When Renouncing US Citizenship
06/21/2018
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