2015-02-10
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 fourth quarter of 2014.
The number of published expatriates for the quarter was 1,062 (second highest quarter ever), bringing the total number of published expatriates in 2014 to 3,415. The total for the year breaks last year’s record number of 2,999 published expatriates. The number of expatriates for 2014 is a 14% increase over 2013. For a discussion of how the IRS compiles the data, see this post.
Update:12:00pm, Feb. 10, 2015: Note that the list (and our reported number of 1,062) includes at least four potential duplicates. As discussed in this post, the IRS compiles the list of expatriates from several sources of data. Duplicated names could be due to the IRS receiving information regarding one individual’s expatriation from two difference sources, each with different variations of that individual’s name.
For our prior coverage of expatriation, see all posts tagged Expatriation.
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Andrew Mitchel LLC is a law firm located in Centerbrook, Connecticut that focuses on the U.S. taxation of international transactions. It also operates Tax-Charts.com and the International Tax Blog.