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Tag: exit tax

15 Dec
How To Figure The Exit Tax When Renouncing U.S. Citizenship

How To Figure The Exit Tax When Renouncing U.S. Citizenship

Last week’s Taxation 101 (Where To Live Tax-Free) essay was well received but raised lots of questions from American readers, including many to do with what I’d say is maybe the most misunderstood U.S. tax on individuals—the “Exit Tax” Americans have to pay when they give up their U.S. citizenship. To clarify, this is not […]