3 ms·
It's not terribly uncommon for people to renounce their US citizenship to prevent this. If you left the US decades ago, you don't to have to pay, because you'll
by slavik81 11y ago
It's not terribly uncommon for people to renounce their US citizenship to prevent this. If you left the US decades ago, you don't to have to pay, because you'll have that option instead.
That said, I don't think US tax policy makes much sense. I know of no other country that tries to tax the foreign income of citizens living in foreign countries.
- shitgoose 11y agoCanada makes it pretty difficult as well. Canadians living abroad have to sever all ties with Canada completely (no address, no bank account, no property... not sure about drivers license, you may give that up as well:) in order not to pay Canadian taxes.
- slavik81 11y agoLooking into it, there are 3 things that would always make you a resident of Canada: a home, a spouse or dependants in Canada. Personal property, bank accounts, employment with a Canadian company, a drivers license, a passport, and other such things are also considered and enough of them together might make you a resident. http://www.cra-arc.gc.ca/tx/tchncl/ncmtx/fls/s5/f1/s5-f1-c1-eng.html http://www.cra-arc.gc.ca/tx/tchncl/ncmtx/fls/s5/f1/s5-f1-c1-...