Originally Posted by
STBCypriot
While, the link you provided does not specifically state that there are fees involved, it also does not state that there are no fees involved. I haven't looked at all the code sections referenced in the link, but I am highly suspicious that you can renounce your citizenship at no cost. And I do not really see any difference between relinquishing and renouncing. Have you discussed this matter with a lawyer?
As with those who have a work history with State's OLA, I have no doubts that some relinquishing of US citizenship involves no fees being due for relinquishing citizenship. I also have no doubt that the consequences for relinquishing US citizenship are not a perfect copy of the consequences of renunciation of US citizenship. About the above, I have no doubt that current or former legal and/or national security-related staff working on such matters for State or other parts of the USG have this understanding too.
I can't confirm the accuracy of the tax lawyer advice that was relevant to the following situation, but at least a couple of tax lawyers working for or commenting about Tina Turner relinquishing US citizenship made representations that the IRS/Treasury compliance consequences were different for a relinquishing of US citizenship than for a renunciation of US citizenship.