A record number of Americans renounced their citizenship or green cards in 2013, according to new data that may draw a complicated picture for US tax assessors who impose financial obligations on citizens living outside the country.
A total of 2,999 men and women formally resigned their citizenship in 2013, surpassing the previous record of 1,781, which was set in 2011. Last year’s total is also a steep 221 percent jump from the 2012 total of 932. Continue reading “Record number of Americans renounce citizenship thanks to tightening tax laws”

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