Stories
Slash Boxes
Comments

SoylentNews is people

US Renunciation Fee Rises to $2350

posted by LaminatorX on Wednesday December 03 2014, @12:48PM   Printer-friendly
from the breaking-up-is-hard-to-do dept.

bradley13 writes:

The USA has been making life difficult for Americans residing abroad; FATCA causes plenty of problems; but so does citizenship-based taxation. The IRS and Treasury department have made the reporting and taxation more onerous, and stepped up their collection efforts.

The result should be a surprise to no one: more and more Americans are handing in their US citizenship. Total numbers are unavailable (the lists published by the government include only a portion of the total), but undisputed is the fact that the numbers are increasing rapidly.

Having lots of citizens want to leave is...embarrassing. One solution could be to review the policies leading to people to hand in their citizenship. Another would be to make the fee unaffordable, especially for people living on second- or third-world incomes. It's obvious, of course, which route the USA has chosen: It now costs $2350 to hand in your US passport; more than 20 times the international average.

 
This discussion has been archived. No new comments can be posted.
US Renunciation Fee Rises to $2350 | Log In/Create an Account | Top | 75 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 3, Interesting) by VLM on Wednesday December 03 2014, @01:52PM

    by VLM (445) on Wednesday December 03 2014, @01:52PM (#122227)

    "everyone has heard a story"

    Oh I forgot my favorite story, the spammers and scammers have caught on and I've heard plenty of stories from Canadians about getting email and postal spam from "the IRS" requesting $500 fees and stuff because "everyone's heard about it". Often the spam claims the IRS accepts paypal or credit card payments, LOL.

    Starting Score:    1  point
    Moderation   +1  
       Interesting=1, Total=1
    Extra 'Interesting' Modifier   0  
    Karma-Bonus Modifier   +1  
    Total Score:   3  

  • (Score: 2, Informative) by curunir_wolf on Wednesday December 03 2014, @02:35PM

    by curunir_wolf (4772) on Wednesday December 03 2014, @02:35PM (#122236)

    Often the spam claims the IRS accepts paypal or credit card payments, LOL.

    In fact, the IRS does accept credit card payments [irs.gov].

    --
    I am a crackpot

  • (Score: 1) by Lunix Nutcase on Wednesday December 03 2014, @03:33PM

    by Lunix Nutcase (3913) on Wednesday December 03 2014, @03:33PM (#122272)

    The IRS does accept credit card payments. Has so for years and years now.

  • (Score: 0) by Anonymous Coward on Thursday December 04 2014, @04:43AM

    by Anonymous Coward on Thursday December 04 2014, @04:43AM (#122467)

    "everyone has heard a story"

    Oh I forgot my favorite story, the spammers and scammers have caught on and I've heard plenty of stories from Canadians about getting email and postal spam from "the IRS" requesting $500 fees and stuff because "everyone's heard about it". Often the spam claims the IRS accepts paypal or credit card payments, LOL.

    Elle Oh fucking Elle.