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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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U.S. taxes

Americans living abroad set record for giving up citizenship

The 1,335 expatriations in the first quarter of 2015 topped the previous record by 18 percent, according to data compiled by Bloomberg. Those Americans are driven to turn in their passports in part because of laws that have expanded bank reporting and tax compliance requirements for expatriates.

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