Legal Question in Tax Law in California

If I change my citizenship, do I still have to pay US income tax?


Asked on 8/07/10, 3:41 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

If you renounce your US citizenship you will be free from having to pay taxes on your worldwide income, but it will be difficult for you to visit the US thereafter, and there is a one-time exit tax that can be very large. Google [renounce us citizenship].

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Answered on 8/12/10, 3:54 pm


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