What Prince Harry and Meghan Need to Know About US Taxes

By Lief Simon

When the engagement between Britain’s Prince Harry and actress Meghan Markle was announced a few weeks ago, the press began to speculate about what affects Ms. Markle’s status as an American citizen might have on the royal family once she becomes part of it.

Specifically, what about required reporting under FATCA and other IRS rules?

Speculation continues as to whether

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