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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.

 
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  • (Score: 2, Funny) by Anonymous Coward on Wednesday December 03 2014, @05:53PM

    by Anonymous Coward on Wednesday December 03 2014, @05:53PM (#122338)

    So the State Dept. are claiming...

    The State Department says it’s about demand on their services and all the extra workload they have to process people who are on their way out.

    Fantastic! My advice to anyone thinking of renouncing but maybe hesitating due to the high cost is to invoice them in return for the extra demand on your time and all the extra workload you rack up to provide them with the data they intend to process. Just enclose a copy of the invoice with any requested documentation, they can't claim they didn't receive it if they have everything else you sent them. Once they have received your invoice take a very discrete vacation so that your home is empty during the inevitable drone strike.

    Cons: You'll probably need a new home.

    Pros: Because they'll know no better, the State Dept. will consider you dead and call off the debt collectors.

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  • (Score: 2) by emg on Thursday December 04 2014, @02:35AM

    by emg (3464) on Thursday December 04 2014, @02:35AM (#122450)

    Couldn't you just declare yourself dead, and save all the hassle?

    • (Score: 0) by Anonymous Coward on Thursday December 04 2014, @12:53PM

      by Anonymous Coward on Thursday December 04 2014, @12:53PM (#122535)

      Don't they practice sarcasm where you live?

      You poor, poor creature.