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Record Number of U.S. Citizens, Green-Card Holders Cut Ties With U.S. in 2015

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Increase attributed to recent enforcement campaign against U.S. taxpayers with undeclared offshore accounts. Laura Saunders reports: A record 4,279 individuals renounced their U.S. citizenship or long-term residency in 2015, according to data released by the Treasury Department. “An increasing number of Americans appear to believe that having a U.S. passport or long-term residency isn’t worth […]

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