Search for a Journalist:
Articles about the work of Giles Broom

Leaving America
futureofcapitalism.com

Bloomberg News reports:

About 1,780 expatriates gave up their nationality at U.S. embassies last year, up from 235 in 2008, according to Andy Sundberg, secretary of Geneva's Overseas American Academy, citing figures from the government's Federal Register. The embassy in Bern, the Swiss capital, redeployed staff to clear a backlog as Americans queued to relinquish their passports....

During a 10-minute renunciation ceremony in a booth with bullet-proof glass windows, embassy staff ask exiting Americans whether they are acting voluntarily and understand the implications of giving up their passports. They pay a fee of $450 to renounce and may incur an "exit tax" on unrealized capital gains if their assets exceed $2 million or their average annual U.S. tax bill is more than $151,000 during the past five years.

Read More...


Leaving America
futureofcapitalism.com

Bloomberg News reports:

About 1,780 expatriates gave up their nationality at U.S. embassies last year, up from 235 in 2008, according to Andy Sundberg, secretary of Geneva's Overseas American Academy, citing figures from the government's Federal Register. The embassy in Bern, the Swiss capital, redeployed staff to clear a backlog as Americans queued to relinquish their passports....

During a 10-minute renunciation ceremony in a booth with bullet-proof glass windows, embassy staff ask exiting Americans whether they are acting voluntarily and understand the implications of giving up their passports. They pay a fee of $450 to renounce and may incur an "exit tax" on unrealized capital gains if their assets exceed $2 million or their average annual U.S. tax bill is more than $151,000 during the past five years.

Read More...


To Add an Article Link, please sign in.

First time here? Register Free as a New User.

Write a Review of work by this Journalist

To post your review, please sign in.

First time here? Register Free as a New User.

Post a prediction made by this Journalist

To post a prediction, please sign in.

First time here? Register Free as a New User.

Giles Broom

Age:

Facebook Page:
Twitter Account:
Phone Number:
Email Address:
Country:
Frequent Topics of Writing:
Media Outlets:
Work History:
Websites/Blogs:
Books by Giles Broom:
Educational History:
Voter registration/Party affiliation:
Charities:
Professional Network/Frequent Sources:
Personal Network/Friends and Allies:

Sign In

Email:

Password:

Or via Facebook  

Register as a New User

© 2024 FutureOfCapitalism, LLC.

Home   |   About   |   Browse Journalists   |   Terms of Service   |   Privacy Policy

Smartertimes  |  FutureOfCapitalism.com