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Americans Renounce Citizenship To Avoid IRS

Posted By admin On August 3, 2010 @ 4:09 am In World News | Comments Disabled

Ellen Kelleher
Financial Times [1]
Aug 3, 2010

At the US Embassy in London, there is a waiting list that none of the officials likes to discuss. On the list are Americans hoping to give up their citizenship, as they seek shelter from the Internal Revenue Service.

One lawyer fighting for her clients’ right to do so is Suzanne Reisman, a former civil rights campaigner, who is now a private-client lawyer in Mayfair, central London.

“You make a lot of sacrifices when you have to pay US taxes and live outside the country for a long time. But you also make a lot of sacrifices when you give up your passport,” she says.

Having lived in London since 1998, Ms Reisman herself has considered giving up her US passport. But she probably won’t. “I don’t think I want to die in the UK,” she says.

Full article here [1]

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URLs in this post:

[1] Financial Times: http://www.ft.com/cms/s/0/0ae8415c-9e5e-11df-a5a4-00144feab49a.html?ftcamp=rss

[2] Image: http://infowars-shop.stores.yahoo.net/inemnewwoord.html

[3] French movie star Depardieu to renounce citizenship, accused of tax evasion: http://www.prisonplanet.com/french-movie-star-depardieu-to-renounce-citizenship-accused-of-tax-evasion.html

[4] Tax time pushes Americans to renounce citizenship: http://www.prisonplanet.com/tax-time-pushes-americans-to-renounce-citizenship.html

[5] Schumer Introduces Ex-PATRIOT Act: Will Banish Those Who Renounce US Citizenship: http://www.prisonplanet.com/schumer-introduces-ex-patriot-act-will-banish-those-who-renounce-us-citizenship.html

[6] Tax Changes Drive Surge In Americans Renouncing Citizenship: http://www.prisonplanet.com/tax-changes-drive-surge-in-americans-renouncing-citizenship.html

[7] Due to Increased Regulations, Millions of Americans Abroad Forced to Reconsider U.S. Citizenship: http://www.prisonplanet.com/due-to-increased-regulations-millions-of-americans-abroad-forced-to-reconsider-u-s-citizenship.html

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