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Old 09.03.2012, 13:26
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Re: To file or not to file a US tax return...

You are legally obliged to file taxes each and every year, no matter where you live, if you wish to retain your citizenship. Given the FACTA dragnet, I wouldn't recommend just not filing and hoping you don't get caught. If you haven't been filing over the last ten years, you're liable for the last 7 and, should you be brave enough to google 'FACTA expat IRS penalties', that should explain why. You're only option is to renounce if you don't want to file taxes yearly.
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