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There's no evidence he qualifies under that clause. He didn't renounce to avoid taxation, quite the opposite: He was paid up on his taxes and paid an "exit tax
by nirvana 14y ago
There's no evidence he qualifies under that clause. He didn't renounce to avoid taxation, quite the opposite: He was paid up on his taxes and paid an "exit tax" according to the quote in an article I read last night.
The USA requires you to get permission before renouncing. Part of the process of getting that permission is being audited by the IRS to make sure you're up to date on your taxes, and paying an excise tax on the money you're taking out of the country.
The clause you're referring to is for people who sneak money out of the country and then trick the US into "letting" them renounce where the US thinks they are up to date on their taxes but they aren't because they hid the money.
There's no evidence he has hid any money, and no evidence that he has renounced to avoid paying taxes.
Unlike most countries, the USA taxes citizens on their worldwide income, no matter where it is earned or where they live. This means that unless you want to be paying taxes to the USA for money earned outside the USA for businesses outside the USA, you have to renounce.