Many “accidental Americans” filed a lawsuit after the State Department announced it would lower the fee to renounce citizenship.

  • clockwork_octopus@lemmy.world
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    1 year ago

    The article makes it sound like the FACTA laws only apply to US citizens, but they also apply to all residents of the US, whether you’re a citizen or just there on a visa. Also, if you are required to file FACTA, you are also required to use a tax attorney, not just a tax accountant, which increases the costs even more.