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Re:U.S. Expats Balk at Tax Law: American Citizen Renunciatio... by Fizzadar on Tuesday August 13, 2013 @02:14AM (#6204268)
To be expected really when the IRS seems to think that, even if you live outside the US for a full tax-year, you are taxable as a US citizen just because you hold a passport/green card.

It was a long time dream/plan of mine to try get sponsored and on to the green card system (because I think the US is a beautiful country - and I would love to live there for multiple years) until I discovered these taxation laws.

Re:U.S. Expats Balk at Tax Law: American Citizen Renunciatio... by seanmcdirmid on Tuesday August 13, 2013 @03:15AM (#6204411)
Congress makes the tax laws, the IRS just enforces them.

Over the threshold, you only pay taxes if you live in a country where taxes are less than the US, which is, to be honest, not that many countries.

Re:U.S. Expats Balk at Tax Law: American Citizen Renunciatio... by freyfogle on Tuesday August 13, 2013 @04:02AM (#6204528)
Yes, but you still have the time and pain of filing. This is not minor. To ensure you're not making a mistake you basically have to pay an expert to do it.

Also the US has now imposed laws that require financial institutions to report to the IRS if you are a US citizen. I'm not in the financial industry so can't verify first hand, but all reports are that the paperwork and reporting burden is significant. So much so that many banks now have a "no US citizens" policy.

Re:U.S. Expats Balk at Tax Law: American Citizen Renunciatio... by a035bb942 on Tuesday August 13, 2013 @03:55AM (#6204507)
> Over the threshold, you only pay taxes if you live in a country where taxes are less than the US, which is, to be honest, not that many countries.

It's (sort of) that simple for earned income. In another country you may throughout your life receive money from a wide range of sources (health benefits, health recovery, child benefits, pensions, scholarships, the list goes on...) - the US tax status on these is incredibly complex at best. The punishments for making a mistake can be severe.

Re:U.S. Expats Balk at Tax Law: American Citizen Renunciatio... by seanmcdirmid on Tuesday August 13, 2013 @05:00AM (#6204693)
My income is earned and heavily taxed. I even have to pay taxes for my medical insurance, which are otherwise exempt in the states. Ya, it can be nightmare, and I have no idea what I would do if I ever got audited; its not like we get official documentation about pay since taxes in earning country are deducted automatically. At best, we have some pay stubs.
Re:U.S. Expats Balk at Tax Law: American Citizen Renunciatio... by yardie on Tuesday August 13, 2013 @04:52AM (#6204675)
If you're on a greencard these tax laws don't apply to you. You're only taxed for what you make while in the US.
Re:U.S. Expats Balk at Tax Law: American Citizen Renunciatio... by gsb on Tuesday August 13, 2013 @09:23AM (#6205512)
(User woe, you have been hellbanned which is a shame because your points in this thread have been quite true.)
Re:U.S. Expats Balk at Tax Law: American Citizen Renunciatio... by rdl on Wednesday August 14, 2013 @01:17AM (#6210021)
Totally incorrect.