s the U.S. election draws near and the prospect of a Donald Trump presidency rises, more dual U.S.-Canadians are considering renouncing their U.S. citizenship.Tax accountants and tax lawyers in Canada say they are getting more calls from people considering giving up their U.S. citizenship, not only over onerous tax filing requirements but also over political objections to a Trump presidency.“We have people inquiring more frequently about renouncing not just for tax reasons but for political reasons,” said Max Reed, a tax lawyer with SKL Tax, a Vancouver-based U.S. advisory service. “I have one person who is so mad at Donald Trump she wants out, now.”
Source: U.S. tax laws, politics pushing more dual citizens to renounce citizenship LEADER POST
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