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Keyword: renunciation

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  • Why expats are ditching their U.S. passports: Here's a profile of some of them...

    03/11/2014 9:07:53 AM PDT · by SeekAndFind · 165 replies
    CNN Money via Yahoo News ^ | 03/11/2014 | Sophia Yan
    3,000 Americans around the world renounced their citizenship last year. Meet five U.S. citizens who have given up their passports -- or are thinking about it -- to escape an overly complicated tax code. I threw up after renouncing View photo.Donna-Lane NelsonName: Donna-Lane Nelson, 71Lives in: Geneva, Switzerland I renounced my U.S. citizenship in 2011. After I did it, I was so emotional that I threw up outside the embassy. During my renunciation, I broke down. It was like getting a divorce. America gave me my education, a good career path, and I came from a beautiful part of the...
  • Pope Benedict resigned early to avoid clash with World Cup

    03/02/2014 6:13:06 PM PST · by ebb tide · 14 replies
    The Telegraph ^ | 2/28/2014
    The football World Cup taking place in Brazil this year indirectly prompted Benedict XVI to bring forward his resignation as pope by a year, his private secretary has said.
  • U.S. Expats Balk at Tax Law: American Citizen Renunciations Are Soaring

    08/13/2013 5:33:51 AM PDT · by SeekAndFind · 31 replies
    Wall Street Journal ^ | 08/12/2013 | MARIKO SANCHANTA And JASON CHOW
    The U.S.'s crackdown on global tax evaders is prompting some Americans in Asia to rethink their citizenship, attorneys there say, in part amid an increasing burden of paperwork required by U.S. tax law. "When I became an immigration lawyer 30 years ago, people really were excited about going to America. Now, more than half of my clients are people thinking of other alternatives rather than people seeking to immigrate to America," said Eugene Chow, the principal of Chow King & Associates in Hong Kong. "My mentor, who is in his early 80s, said to me, 'You became an immigration lawyer...
  • Americans renouncing citizenship to become British thanks to tax rise

    03/02/2013 8:31:25 PM PST · by Baynative · 68 replies
    The Telegraph ^ | 02 Mar 2013 | David Barrett
    London-based American lawyers, who specialise in tax and immigration, report a threefold increase over the last five years in the number of American citizens who are giving up their citizenship - a process known as “renunciation”. Across the world 1,781 Americans renounced their citizenship in 2011 compared with just 231 in 2008, when US tax laws changed, although it remains unknown how many are adopting British rather than any other nationality. Many decide to give up their American citizenship after tiring of the lengthy US tax return process, which requires them to pay tax on their total income regardless of...
  • Lear, Tolstoy and the Fool

    10/19/2002 8:19:30 AM PDT · by dighton · 21 replies · 1,073+ views
    Shooting an Elephant, and Other Essays | 1947 | George Orwell
    Tolstoy’s pamphlets are the least-known part of his work, and his attack on Shakespeare 1 is not even an easy document to get hold of, at any rate in an English translation. Perhaps, therefore, it will be useful if I give a summary of the pamphlet before trying to discuss it.Tolstoy begins by saying that throughout life Shakespeare has aroused in him “an irresistible repulsion and tedium.” Conscious that the opinion of the civilized world is against him, he has made one attempt after another on Shakespeare’s works, reading and re-reading them in Russian, English and German; but “I invariably...