Re:Wealthy people are renouncing American citizenship
by PaulDavisThe1st on Friday August 06, 2021 @02:37PM
(#28091221)
I certainly see it.
My dispute was only with the term "doubly-taxed", which for countries with a tax treaty is simply false.
Nevertheless, you are correct that as a US citizen, you are destined to pay max (USTax (income), OtherTax (income)). I don't agree with this, but it's not called "double taxation".
My dispute was only with the term "doubly-taxed", which for countries with a tax treaty is simply false.
Nevertheless, you are correct that as a US citizen, you are destined to pay max (USTax (income), OtherTax (income)). I don't agree with this, but it's not called "double taxation".