Originally Posted by MintedNeil
To put it into context, less than 0.004% of the entire player pool will be affected by this change. It is this 0.004% of the player pool that accounts for over 50% of the net win on the entire network.
I don't know who you are and have never played at everleaf but just wanted to say **** you for even attempting to pass this off as an accurate description of the situation. Whether you were dumb enough to believe it, or dumb enough to think we would believe it matters not. **** you.
Originally Posted by Mitch Evans
Even if you renounce your citizenship you still have to pay taxes for 10 years
This is not true although I have heard people say this before. I researched renunciation extensively earlier this year. The wording of the specific law leads to the confusion. I don't feel like digging it up again but what it really means is that you simply have to prove to the IRS that you have satisfied all tax obligations for the past
10 years before they let you renounce. I actually don't think its even 10 years anymore, like 5 or something.
Yes, it is illegal to renounce for the purpose of getting out of your current tax liabilities,
meaning you are not absolved of what you already owe the IRS. Once the IRS agrees you owe nothing to them and have renounced, as long as you don't spend over a certain number of days in the USA each year you have no tax obligations to the USA.