Let's Stay Together? Tina Turner Renounces Her
U.S. Citizenship To Become Swiss (So How Much Tax Will She Now Pay?)
by
Rachel Quigley
Daily Mail
Tina Turner
is renouncing her American citizenship to become Swiss, it was revealed
today.
The American
rock diva has lived in the Zurich suburb of Kuesnacht since the
mid-1990s and speaks fluent German.
The local Zuerichsee-Zeitung
newspaper said on its website the local council announced its decision
to grant the 73-year-old Turner citizenship in an official notice
published in Friday's edition.
The decision
still requires formal approval from state and federal authorities.
The Proud Mary
singer told a local German newspaper: 'I'm very happy in Switzerland
and I feel at home here. I cannot imagine a better place to live.'
Turner's agent
told Zuerichsee-Zeitung the singer wanted to 'clarify her situation'.
'Tina Turner
will therefore also give back her US citizenship,' she said.
Earlier this
month, actor Gerard Depardieu announced he was renouncing his French
citizenship because of the country's high taxes, and was promptly
offered Russian citizenship by President Vladimir Putin.
Tina's move
has sparked rumors she is following in the footsteps of Depardieu
and Facebook's Eduardo Saverin, who now calls Singapore, with its
18 per cent tax rate, home.
Wealthy socialite
Denise Rich, born Denise Eisenberg, renounced her U.S. last year.
She was married to billionaire commodities trader Marc Rich, controversially
pardoned by Bill Clinton his last day in office.
Denise has
written songs for Aretha Franklin, Mary J. Blige and Jessica Simpson.
But Forbes
says of the singer's move: 'Theres little to suggest taxes
motivate the decision, and Swiss rates are high.'
Read
the rest of the article
January
28, 2013
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