Tax

====Expatriation====
{{Main|Expatriation tax}}
An expatriation tax is a tax on individuals who renounce their [[citizenship]] or residence. The tax is often imposed based on a deemed disposition of all the individual's property. One example is the [[United States]] under the ''[[American Jobs Creation Act]]'', where any individual who has a net worth of $2 million or an average income-tax liability of $127,000 who renounces his or her citizenship and leaves the country is automatically assumed to have done so for tax avoidance reasons and is subject to a higher tax rate.<ref>{{cite web |url=https://www.law.cornell.edu/uscode/text/26/877- |title=26 USC 877 |publisher=Law.cornell.edu |access-date=22 January 2013}}</ref>