How Does the U.S. Exit Tax for Renouncing Citizenship Work? – Tech Journal

Do you know that you’ll have to fill out a separate IRS kind and pay taxes whenever you surrender your U.S. citizenship? The Exit Tax, also called the Expatriation Tax, imposes monetary obligations on people who select to chop ties with the USA. Entrepreneurs and founders must be well-versed in these laws to keep away … Read more

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