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Analyze the effects of renouncing your citizenship on your

Question - Write a three to four (3-4) page paper in which you:

1. Analyze the effects of renouncing your citizenship on your tax liability.

2. Analyze the effects of establishing dual citizenship on your tax liability.

3. Compare the effects of renouncing citizenship to establishing dual citizenship on your tax liability.

4. Decide if either of these actions is warranted in your particular case and state why you think that way.

5. Suggest other alternatives to reduce your tax liability without renouncing citizenship.

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Accounting Basics: Analyze the effects of renouncing your citizenship on your

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