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Saverin spokesman Tom Goodman said Sunday his renunciation was prompted not by tax considerations but by U.S. rules that make it more difficult for U.S. citizens to live and invest overseas. "U.S. citizens are severely restricted as to what they can invest in and where they can maintain accounts," said spokesman Tom Goodman. "Many foreign funds and banks won't accept Americans. This was a financial rather than a tax motive." Read More |