Number of Taxpayers Who Renounced U.S. Citizenship Continues to Skyrocket
Paul L. Canon
Today the Treasury Department published the names of individuals who renounced their U.S. citizenship or terminated their long-term U.S. residency (“expatriated”) during the first quarter of 2014.
The number of published expatriates for the quarter was 1,001. This is the second highest quarterly number of published expatriates ever and is only surpassed by the second quarter of 2013. ... Last year there was a record setting 2,999 published expatriates. With just over 1,000 expatriates in the first quarter, 2014 may very well set another record.
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Update: Wall Street Journal, Number of Americans Renouncing Citizenship on Record Pace
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