Why do you think this is the way it is? Over the last two - TopicsExpress

Why do you think this is the way it is? Over the last two years, the U.S. has had a spike in expatriations. It isn’t exactly Ellis Island in reverse, but it’s more than a dribble. With global tax reporting and FATCA, the list of the individuals who renounced is up. For 2013, there was a 221% increase, with record numbers of Americans renouncing. The Treasury Department is required to publish a quarterly list, but these numbers are under-stated, some say considerably. forbes/sites/robertwood/2014/08/28/u-s-hikes-fee-to-renounce-citizenship-by-422/

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