Renouncing Citizenship News Today

A significant portion of American expats have thought of renouncing their citizenship, with issues like taxes, political climate, etc. contributing to such a consideration, states a survey by Greenback Expat Tax Services.

I have paid and will continue to pay any taxes due on everything i earned while a u.s. citizen. the question if he renounced the citizenship and he makes that money after the i.p.o. tomorrow is that money he didnt earn when he was a u.s. citizen, that is a question he will have to answer. >>shepard: so, maybe we didnt learn anything but he was already required to pay the taxes that were duly while a u.s. citizen, and he is renouncing citizenship and tomorrow he makes the money, will he pay taxes...

Millions of dollars in savings. and not too bad for just a few months of of renouncing citizenship. >> greta: was there discussion last fall about an ipo? obviously if he renounced his citizenship ten years ago when facebook wasnt worth as much and now the ipo would not be anticipation of the ipo to get an economic value from the tax. when renounced it was there discussion of ipo so looks as a reason to avoid taxes? >> there have been discussions of ipo for two or three years. everyone in the te...