The Double Irish Dutch Sandwich: End of a Tax Evasion Strategy

Re:The Double Irish Dutch Sandwich: End of a Tax Evasion Str... by Aeolun on Thursday September 19, 2024 @08:08PM (#41597582)

Any time I hear an American talk about US taxes they sound like it's a major pain in their backside though.

I just fill "Overseas Income: $xxxxx in xxxxx" and my tax report rolls out as €0 every single year. Because I've already paid my taxes in the country I'm living.

I can also do this without any specialized software or accountants, which seems to be something kind of iffy in the US.

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Re:The Double Irish Dutch Sandwich: End of a Tax Evasion Str... by ForHackernews on Friday September 20, 2024 @07:28AM (#41600906)

US taxes are objectively more annoying than most countries' and attempts to simplify the process are stymied by people with political axes to grind (e.g. Grover Norquist) and for-profit tax prep firms that stand to lose lots of money: https://www.propublica.org/article/how-the-maker-of-turbotax...

Things might finally be shifting. In recent years, the IRS has introduced its own software that will handle most taxpayers' basic situations.

[ Parent | on HN ]