Monday, May 1, 2017

ESCAPING THE AMERICAN TAX MAN

The tax man is coming for U.S. expatriates with a new enthusiasm and many of them are looking to turn in their citizenship.
The change came in 2012 when Barack Obama signed a law requiring foreign banks to inform the U.S. Treasury about its citizens living abroad. Tax lawyer Alexander Marino calls it a world-wide "snitching program."

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