FATCA Fallout: Mass Renunciations?

The Foreign Accounts Tax Compliance Act (FATCA) continues to prompt intense opposition from Americans overseas.  In my post below, I suggested that some would simply take their citizenship underground, on the expectation of imperfect enforcement and the continuing value of holding a US passport — becoming, in effect, secret Americans. Others are predicting that large numbers of Americans abroad will … Continue reading FATCA Fallout: Mass Renunciations?