Many Americans abroad face an increased tax burden as a result of President Trump's tax reform. Dual citizens are renouncing their US nationality at record rates

The German Times (March 1, 2019)

Many Americans abroad face an increased tax burden as a result of President Trump’s tax reform. Dual citizens are renouncing their US nationality at record rates

'Charles Bruce, a US tax attorney affiliated with the American Citizens Abroad advocacy group, agrees. 'Most individuals do not have a clue as to how to develop a number for their accumulated earnings or how to do the calculation for the tax.''

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