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Number of Americans Who Renounced U.S. Citizenship Soars




Today the Treasury Department published the names of individuals who renounced their U.S. citizenship or terminated their long-term U.S. residency ("expatriated") during the fourth quarter of 2013-The number of published expatriates for the quarter was 630, bringing the total number of published expatriates in 2013 to 2,999. The total for the year shatters the previous record high of 1,781 set in 2011 and is a 221% increase over the 2012 total of 932.

Read Full Story: http://intltax.typepad.com/intltax_blog/2014/02/20...

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