Six Month Backlog of Americans Wanting to Renounce Citizenship in Britain

August 3rd, 2010

Via: Financial Times:

At the US Embassy in London, there is a waiting list that none of the officials likes to discuss. On the list are Americans hoping to give up their citizenship, as they seek shelter from the Internal Revenue Service.

…

The backlog at the US Embassy, where no appointments are available until February, stems from a rise in the number of American expatriates living in the UK who have been seeking to escape paying US tax on their worldwide income and capital gains since the simplification of US tax laws in 2008.

Posted in Dictatorship, Economy | Top Of Page

One Response to “Six Month Backlog of Americans Wanting to Renounce Citizenship in Britain”

  1. Mike Gogulski says:
    August 4, 2010 at 11:16 pm

    Russia Today interviewed me today on the topic:

    http://www.youtube.com/watch?v=yMwsc7d8LTI

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