News for hackers. Stuff that matters.

A comment on Secret Bitcoin billionaires to renounce their US citizenship before cashing in?. Parent comment

Re:Secret Bitcoin billionaires to renounce their US citizens... by aceon48 on Sunday February 04, 2018 @09:16AM (#16302790)
Actually as part of tax reform, US is moving to territorial system instead of world. It's probably the single biggest improvement and fix to come out of that bill.
[ Parent | on HN ]
Re:Secret Bitcoin billionaires to renounce their US citizens... by jacques_chester on Sunday February 04, 2018 @09:31AM (#16302840)
That is an improvement, I missed it in the hubbub about tax rates. But I expect it means I still have to report for the last tax year.

Either way, I'll report and pay whatever my agent says is correct.

[ Parent | on HN ]