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Stricter tax laws may cause more to give up US passports

Asset-disclosure rules coming in July may prompt 6 million expatriate Americans to weigh giving up their passports
Wednesday, May 14, 2014 - 06:00

ALMOST 50 years after Oscar-winning actor Yul Brynner gave up his passport at the U.S. embassy in the Swiss capital, the number of Americans relinquishing their citizenship jumped 47 percent in the first quarter. Expatriates giving up their nationality climbed to 1,001 in the three months till