4 Tax Tips For Counseling Clients On US Expatriation

Law360, New York (January 27, 2014, 11:30 AM EST) -- Last year witnessed the largest number of U.S. expatriations in history — an exodus so large that figures from the third quarter of 2013 exceeded total expatriations from the previous record-holding year, 2011, by roughly one-third. Media reports often characterize expatriates as mega-rich individuals seeking to avoid stiff U.S. taxes, but reality tells a different story, attorneys say.

While some expatriates certainly are guided by tax evasion motives, many more are normal citizens who live abroad and have become frustrated by the expensive and time-consuming process...
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