U.S. Citizens in Canada InfoShop

2013 Aug 9 – Griffiths

 
Dylan Griffiths
Americans giving up passports jump sixfold as tougher rules loom
Bloomberg (9 Aug 2013)

http://www.bloomberg.com/news/2013-08-09/americans-giving-up-passports-jump-sixfold-as-tougher-rules-loom.html

Just-released second quarter figures on U.S. citizenship renunciations total 1131, a sixfold increase compared to the same quarter from 2012. Tax lawyer Matthew Ledvina in Zurich mentions annual corporate compliance costs of $5000 per US person, and individual filing costs of $2000.
 

Written by usxcanada

4 August 2013 at 6:00 am