>Yet even by the Treasury Department’s own admission, the latest rules will not be enough to completely halt the flow of companies seeking to renounce their Ame

>Yet even by the Treasury Department’s own admission, the latest rules will not be enough to completely halt the flow of companies seeking to renounce their American citizenship, just as the two previous rule changes did not. Such a move would be possible only with an overhaul of the tax rules by Congress, which few believe will happen soon. I would have loved to have more info about that. What other loopholes didn't this fix? What are they proposing Congress do in this overhaul?