European banks shut Americans out over U.S. tax rules

PARIS รข?? Scott Schmith started a photography business in Switzerland after a stint in the U.S. Army that included deployments in Germany and in the Middle East during the first Gulf War. He's still an American citizen, even though he's lived and worked outside the United States for more than 20 years. But new U.S. financial regulations on bank accounts overseas have him, along with many other Americans working in Europe, mulling whether to renounce his citizenship. That's because...Full Story
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