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[parent] [thread] 6 comments
1. Wincys+(OP)[view] [source] 2021-07-02 20:00:51
The sovereign citizens trip up because they image there is some legal loophole to allow them to opt-out. There is not. But there should be.
replies(2): >>vkou+t >>carabi+Z2
2. vkou+t[view] [source] 2021-07-02 20:02:49
>>Wincys+(OP)
That legal loophole exists. They can leave the country and renounce their citizenship.
replies(1): >>ceilin+L
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3. ceilin+L[view] [source] [discussion] 2021-07-02 20:03:54
>>vkou+t
Exit taxes are pretty rough. You also cannot renounce citizenship if your explicit reason is to avoid taxes.

Hotel California indeed.

replies(1): >>vkou+a1
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4. vkou+a1[view] [source] [discussion] 2021-07-02 20:05:44
>>ceilin+L
If you have no intention of coming back, there is next to no recourse against you.
replies(1): >>ralph8+k4
5. carabi+Z2[view] [source] 2021-07-02 20:14:38
>>Wincys+(OP)
But you're basically on the same page with their sentiments, right?
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6. ralph8+k4[view] [source] [discussion] 2021-07-02 20:20:30
>>vkou+a1
Good luck getting a bank account anywhere except in the most remote places of the world if you left the US with unpaid taxes. Everywhere else the banks will comply with FATCA and want nothing to do with you [0].

[0] https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance...

replies(1): >>vkou+j9
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7. vkou+j9[view] [source] [discussion] 2021-07-02 20:50:56
>>ralph8+k4
Okay, so you're not entitled to skip out on owed obligations, but there will be no future ones.
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