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Tina Turner turning in her U.S. citizenship


Posted: Jan 26, 2013

Does the below paragraph mean that any "former" American who becomes a citizen of another country will STILL have to pay taxes to the U.S. government? How does that work?????  Are they saying this to scare her or is the government now going to start taxing every former American who renounced their citizenship?

BTW, in reading another article on the same subject, the top tax rate in Switzerland is 22.4%. 

"But if the 73-year-old singer is making the move to cut her tax bills, she will probably never admit it. The U.S. government warned Americans 'Renunciation of U.S. citizenship may have no affect whatsoever on his or her U.S. tax obligations (my emphasis).

*****

She’s an American icon, but Tina Turner is reportedly about to renounce her U.S. citizenship in order to become a Swiss citizen.

The “Private Dancer” singer has lived in the Zurich suburb of Kuesnacht since the mid-1990s. The Zuerichsee-Zeitung newspaper said on its website that the local council announced its decision to grant the 73-year-old Turner citizenship in an official notice published in today’s edition, according to The Associated Press.

The decision still requires formal approval from state and federal authorities.

Turner’s rep did not respond immediately to ABCNews.com’s request for comment, but she told Zuerichsee-Zeitung that the singer wanted to “clarify her situation.”

“Tina Turner will therefore also give back her U.S. citizenship,” her rep told the Swiss newspaper.

 

http://abcnews.go.com/blogs/entertainment/2013/01/tina-turner-to-become-swiss-citizen/

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My thought ... - anonnew

[ In Reply To ..]
I do not think they have to pay taxes on income made outside the US and made after date of renunciation. Not sure how it works for income made inside US for example during a concert tour or for CDs or MP3s sold in US.

Good for her - wheres_my_job

[ In Reply To ..]
She can do whatever she wants, she paid her dues, and then some.

"Obligations" in this context refer to taxes already owed, - past due, or ongoing such as

[ In Reply To ..]
on US residential or commercial properties, etc. She is not obligated to pay tax on future income earned overseas as the citizen of another country. Also, it is doubtful she will reap any taxation benefits as a Swiss citizen, as their rates are comparable to what we pay in the US.

Top rate in Switzerland is 22.4%. Did you miss that in the OP? - That's LOWER than US top rate -no message

[ In Reply To ..]
.

she might just really like it there - ...

[ In Reply To ..]
we don't know why she has made this choice. I know someone who made the same choice over 30 years ago, before the word "economy" was even invented.

Lucky lady! I wish I could do the same! - no msg

[ In Reply To ..]

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