Tax,
International Law
Feb. 13, 2014
The FACTA fallout: soaring expatriatism
The Treasury Department reported that during 2013, 2,999 Americans renounced their U.S. citizenship or turned in their green cards.
Julie L. Kessler
PO Box 1582
Manhattan Beach , CA 90267-1582
Phone: (310) 403-0009
Email: Julie@VagabondLawyer.com
George Washington Univ Law School
Julie is an attorney based in Los Angeles, a freelance writer for several publications, and the author of the award-winning book "Fifty-Fifty, The Clarity of Hindsight." She can be reached at www.VagabondLawyer.com
I have written before about the far-reaching, though perhaps legislatively unintended social impact of the Foreign Account Tax Compliance Act (FATCA). As record numbers of Americans are renouncing their U.S. citizenship, discussing the impact of the act is more important than ever. Indeed, many Americans living abroad are forced to choose between U.S. citizenship and maintaining the normal relationships many of us take for granted.
FATCA, which was approved in 2010, was of course ...For only $95 a month (the price of 2 article purchases)
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