American Passport వద్దు బాబు వద్దు అంటున్న వాళ్ళు పెరిగారు

[andhra_jp]

Former U.S. citizens who live abroad have filed a class-action lawsuit saying the $2,350 fee to relinquish their nationality was exorbitant.

Ms. Nelson was born in Fort Wayne, Ind., to an American father and a French mother who met at the end of World War II. Her father moved the family to France when she was 12, and Ms. Nelson has remained there since, eventually becoming a French citizen. Because of the U.S. reporting requirements, Ms. Nelson said, she had to use a specialized accountant to file her tax return every year, at a cost of $1,500, even though she did not have income to report.

Esther Jenke, another lead plaintiff in the lawsuit, grew up in Iowa and moved to Germany almost three decades ago after meeting her future husband in graduate school. She renounced her citizenship in November 2018, citing the financial reporting requirements.

“My husband and I bought a house. If we sell the house, even though it is our primary residence, because from a U.S. perspective it’s foreign property, we would have to pay capital gains tax on it,” Ms. Jenke, 55, said.

According to the State Department, the demand for citizenship renunciations rose to 3,436 in 2014 from 956 in 2010. The increase in demand for consular services, the State Department argued, merited an increase in the fee.

Others who have renounced their citizenship citing America’s tax laws include Boris Johnson, the former prime minister of Britain, who did so in 2017 when he was foreign secretary. He left the United States for the United Kingdom as a boy and had been a dual citizen.