
“The latest bold-faced names to relinquish their U.S. citizenship include Mahmood Karzai, a brother of Hamid Karzai, the president of Afghanistan, according to federal data released Wednesday. Also on the list, published quarterly by the Internal Revenue Service, is Isabel Getty, the daughter of jet-setting socialite Pia Getty and Getty oil heir Christopher Getty. In total, more than 670 U.S. passport holders gave up their citizenship — and with it, their U.S. tax bills — in the first three months of this year. That is the most in any quarter since the I.R.S. began publishing figures in 1998.”
http://finance.fortune.cnn.com/2013/05/08/citizenship-taxes-irs/
Related posts:
NATO: No Sign Russian Troops Are Pulling Back From Ukraine
Snapchat's young users snap up stock — and want more IPOs
Myanmar Foreign Investment Reaches $42 Billion From 32 Countries; $423 Million In June
World's costliest auctioned car 'in Swiss hands'
German Constitutional Court Rejects Calls to Block ESM Fund
NRA, gun rights groups target Sunnyvale, California, magazine ban
Ron Paul: Syria Intervention 'Beginning of the End' of 'American Empire'
‘High likelihood’ of Greek capital controls, bank deposit freeze: Moody’s
Google’s Sergey Brin bankrolled world’s first synthetic beef hamburger ‘for animal welfare reasons’
Two-thirds of millionaires left Britain to avoid 50p tax rate
Meet Ireland’s first bitcoin politician
How Bank of England 'helped Nazis sell gold stolen from Czechs'
Italian mayor turns into Mr. Fix-It to save money in town budget
Phishers Divert Home Loan Earnest Money By Altering E-mails
Germany: Facebook must destroy facial recognition database