Feds: American expatriations near 4th annual record

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A total of 1,380 Americans renounced their citizenship in the third quarter of the year, the Internal Revenue Service will announce through a posting in the Federal Register on Thursday, the second-highest total on record for the period.

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The figure will bring the number for the year to 3,046, a drop of about 6 percent from last year’s record of 3,221 for the same time frame. The number tends to increase towards the end of the year, which means there is still a chance 2016 could break the annual high of 4,279 Americans sent packing in 2015.

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