More Rich Americans Are Giving Up Their Citizenship to Avoid Taxes

A record number of Americans are giving up their citizenship this year following a trend that began in 2010 after the U.S. introduced a new law meant to curb tax avoidance.

By the end of the year an estimated 6,813 Americans living overseas will renounce their citizenship, according to new numbers from the Treasury Department and projections

FULL ARTICLE http://www.newsweek.com/more-rich-americans-are-giving-their-citizenship-avoid-taxes-699247

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