Re:Inheriting is becoming nearly as important as working
by throwaway2037 on Sunday March 02, 2025 @05:32AM
(#43229114)
They do. US taxes apply to global income. Can you give a specific example where they do not? Please don't write a lazy reply like "move all their assets to a zero tax location in the Carribean." They are still responsible to pay US taxes for any income derived from those offshore investments.
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Re:Inheriting is becoming nearly as important as working
by dumah on Sunday March 02, 2025 @09:00AM
(#43230561)
Framing this as a personal income tax concern is a bit off the mark.
https://en.m.wikipedia.org/wiki/Base_erosion_and_profit_shif...