Number of Americans Renouncing Citizenship on Record Pace

WSJ

During the first quarter of 2014, 1,001 people appeared on the latest list of renunciations from the Internal Revenue Service. That’s the second highest figure ever — eclipsed by one quarter last year — and a nearly 50% jump compared with the first three months of 2013.

Last year a record 2,999 people were on the list. If the first-quarter pace continues, the figure could top 4,000 in 2014.

Editor's Note: You may also be interested in this article: How I Renounced My US Citizenship and Why.

Read more

Tags: renounce citizenship,