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by onetimeusename
4378 days ago
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A few questions if you don't mind. Do you know if any of your clients who have renounced citizenship have had trouble coming back in to the United States to visit friends or family or for business? Is it common for countries to tax personal income if it was earned overseas and the expatriate lives where the income was earned? Does the US do that? Has the IRS taken any interest in the contacts of your clients who are citizens? Finally, have any of your clients regretted the decision? |
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The USA is the only country that taxes its citizens who live outside the country. I think that's what you're asking. British citizens living abroad don't pay UK income tax.
The IRS hasn't taken any interest in my clients -- the tax returns are clean and that's all they should care about. But the Lois Lerner affair shows that they are corrupt, unfortunately.
The people I know who give up citizenship almost all do it with extreme regret. I assume this feeling persists even after the fact.