The latest U.S. Government posting of the Internal Revenue Service's "Quarterly Publication of Individuals Who Have Chosen to Expatriate" brought total U.S. citizenship renunciations in 2020 a record high of 6,705.
As reported, the list of names was the most ever recorded in spite of the fact that U.S. embassies and consulates around the world – which are needed to process such citizenship renunciations – were closed or offering reduced services for most of 2020, owing to the Covid-19 pandemic.
The quarterly publication of the names of what until recently were assumed to be the most recent quarter's renunciants' names – but which are now known to be a list of the names of people who have renounced in the last few years – has become the impetus for a regular and increasingly-public examination of the U.S. business of citizenship renunciation, including questions as to why the U.S. "names and shames" those who have given up their citizenships.
In his latest YouTube interview, Toronto-based lawyer and American expatriate rights advocate John Richardson discusses this "Name and Shame List" with Australia-based American expat advocate Dr. Karen Alpert, a recently-retired academic and the force behind the FixtheTaxTreaty.org website; and Tim Smyth, chief executive and co-founder of a Tewksbury, Massachusetts software firm.
To listen to John's latest YouTube interview, click here.
To view other of his interviews, click here.
- AXFNJ Podcast: What Americans abroad ('mini-multinationals') are to make of last week's Senate Finance C'ttee hearing
- How well do you know your FATCA?
- The AXFNJ YouTube interview: How Elizabeth Warren's proposed 'Ultra-Millionaire Tax Act' could impact Americans abroad
- Global lockdown prompts U.S. expat groups to offer varied range of online events
- Online venue for this year's annual DJH International Tax Conference in February