The long arm of the IRS | An Englishman’s Home; The mayor of London renounces his American citizenship.
www.economist.com/news/united-st ... ip-englishmans-home
Note:
(a) Boris Johnson (1964- ; mayor of London 2008- ; member of the Conservative Party)
(b) Boris Johnson is “'getting a divorce from America' because of its incredible doctrine of global taxation.' He became American by 'an accident of birth': his [English] father [Stanley Johnson, accompanied by English wife Charlotte] was studying in New York [economics in Columbia University]. Half a century later this made Johnson junior liable for American capital-gains tax on the sale of his primary home, in north London; Britain levies no such tax. He harrumphed last year that this was 'absolutely outrageous' and said he wouldn’t pay. (He later settled for an undisclosed sum.)"
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