* Candidate for J.D., Washington and Lee University School of Law, May 2013. I would like to thank my advisor, Professor Michelle Drumbl, for her guidance. I would also like to thank my family and friends for their support and encouragement.
“notamused” has asked if this, which “Johnson” found and commented on could be posted on its own. (Good suggestion, notamused! Thanks, Johnson.) Note, the important comment from SwissPinoy.
@Johnson, the following part of the report is nonsense:
“Thus, renunciation only serves as a way for individuals to avoid U.S. reporting requirements and related penalties after the date of renunciation.”
It incorrectly assumes that everyone who renounces has “annual income of approximately $150,000 or a net worth of at least $2 million”
Comment on original thread from “Just Me“:
Joanna is hardly a FATCAnatic, but it would have been good if she was…
Student at Washington & Lee University School of Law Lexington, Virginia
Do you know the date this was written and what the distribution was? She has a lot of good foot note references?