@AARO debriefing on #FBAR #FATCA renunciations and more

This is a very interesting video from AARO about their recent trip to Washington. Note the part at the end where they talk (NOT about renouncing U.S. citizenship) but about the fact that the renunciations are being noticed in DC.

This also contains the usual confirmation, of the usual messages, about FBAR and FATCA. But, what I found particularly interesting is more confirmation of the effect that FBAR and FATCA is having on American women married to (as the Internal Revenue Code calls them) “aliens”.

Well, the “aliens” see the U.S. citizenship of their spouses as a possible reason for divorce.

 

 

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