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This is how I read the law are actually it was told to me by an attorney.
Many people were leaving the US that had major estates to avoid inherence
tax. The IRS said well if any American gives up their US citizenship to
avoid paying taxes you can never return. So the 180 days might have been
true once but no more. You can't get a pass port to return to the US ever.
But there are other ways other than major airports to get here.
Robert
At 07:30 PM 5/22/00 -0700, [ tradergirl ] wrote:
>Can you elaborate on me giving up my US Citizenship, and allowed to spend
>180 days in the USA each year? How can I do this? I just come on in and
>say I am going to spend 6 months?
>
>?
>
>
>
>----- Original Message -----
>From: "Ron Augustine" <RonAug@xxxxxxxxxxxxx>
>To: <omega-list@xxxxxxxxxx>
>Cc: <s.campbell@xxxxxxxxxxx>
>Sent: Monday, May 22, 2000 9:06 AM
>Subject: Re: Taxes (was: Where is the Futures Industry Headed?)
>
>
> >
> > You're right, it's not fair -- but such are the ways of a confiscatory tax
> > system that is out of control.
> >
> > Her best option would be to give up her U.S. citizenship -- why pay for
> > something that you don't need or want or plan to use. She would still be
> > able to spend 180 days in the U.S. each year if she wanted to.
> > ______________________________________
> > At 05:49 PM 05/22/2000 +0200, you wrote:
> > >Conrad,
> > >
> > >What do you think of an American that gets a job offer abroad, moves
>there
> > >with their family, and pays full tax to their new home and who becomes a
> > >legal permanent resident there? They have no assets, no business and no
> > >income in the US. They've made their permanent home abroad, their kids
>go
> > >to school there, and they have no plans to ever return to the
> > >U.S. Clearly, this person does not benefit whatsoever from any of the
> > >services provided by the US government. Their benefits stem exclusively
> > >from their new country, where they are happy to pay tax.
> >
> >
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