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  1. JohnLocke

    Renouncing U.S. Citizenship: Take A Look At Its Tax Consequences First

    Many people have considered giving up their U.S. citizenship to avoid paying taxes, but as with many decisions, there are tax consequences. For example, when you renounce your U.S. citizenship, you forever give up the right to use its international privileges, such as the ability to travel...
    • JohnLocke
    • Thread
    • dual status income tax return estate tax form 8854 gift tax past taxes renouncing u.s. citizenship tax compliance tax consequences first
    • Replies: 0
    • Forum: Global Citizen & Expats
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