Citizenship: Tax Law and Pensioner

citizenship: She had assumed that her US citizenship had lapsed, according to The Guardian. The pensioner, who did not want her name published, said I felt hounded I didn't understand US tax law. In one case, a 74-year-old living in Cambridge has been sent increasingly urgent letters from Barclays demanding her American tax identification number, even though she left the US on the RMS Queen Elizabeth in 1947 when she was just 18 months old. An increasing number of Britons many of whom have never spent a day of their working lives in the US are being chased by their banks, which are insisting that they hand over their American tax identification numbers or risk having their assets frozen. But this leaves thousands of so-called accidental Americans, who were born in the US but left as toddlers, in a near-impossible situation. British banks are terrified of huge fines from US regulators if they continue to serve US citizens but fail to share information with the US Internal Revenue Service, the country's taxation authority. (news.financializer.com). As reported in the news.

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