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Podcast: Offshore Tax with HTJ.tax
Episode: Denaturalization and US Tax Implications
Description: Denaturalization is rareβbut when it happens, the legal and tax consequences can be significant. In this episode, we break down when U.S. citizenship can be revoked and what that means from a tax perspective.βοΈ 1οΈβ£ What Is Denaturalization?Under 8 U.S.C. Β§ 1451(a), the U.S. government may revoke citizenship obtained through:β’ Illegal procurement β’ Concealment of a material fact β’ Willful misrepresentationCivil denaturalization proceedings are typically used in serious cases, including:β’ War crimes or human rights violations β’ Terrorism-related matters β’ Serious criminal conduct