5 ms·

The US still demands my taxes 10 years after I leave the country.

by cobaltblue 11y ago

cpursley 11y ago
Minor correction: Not 10 years after you leave, but for 10 years after walking into a US embassy and relinquishing citizenship. Only then, you have the privilege to pay tax to a state you no longer are a citizen of for the next 10 years. For all other US citizens working overseas, you owe uncle sam a tax return every year no matter if it's for 5 years or 50. Only two nations in the world tax their citizens who live abroad. The other one is an African dictatorship.
- doktrin 11y ago
  > Minor correction: Not 10 years after you leave, but for 10 years after walking into a US embassy and relinquishing citizenship What specifically are you guys referring to? I can't find any reference to a 10-year tax obligation after renouncing US citizenshp. Is this part of the post 2008 expatriation tax?
  - cpursley 11y ago
    https://en.wikipedia.org/wiki/Expatriation_tax#United_States https://en.wikipedia.org/wiki/Expatriation_tax#United_States http://www.forbes.com/2010/03/23/expatriation-exit-tax-limbaugh-obamacare-personal-finance-robert-wood.html http://www.forbes.com/2010/03/23/expatriation-exit-tax-limba... http://www.forbes.com/sites/robertwood/2015/02/11/thousands-renounce-u-s-citizenship-hitting-new-record-not-just-over-taxes/ http://www.forbes.com/sites/robertwood/2015/02/11/thousands-... https://www.irs.gov/Individuals/International-Taxpayers/Expatriation-Tax https://www.irs.gov/Individuals/International-Taxpayers/Expa...
    - doktrin 11y ago
      Thanks for the info. That was a frustrating read.
- LunaSea 11y ago
  What would stop you from not paying ?
  - doktrin 11y ago
    Presumably the long arm of the US judicial system. I doubt they'd send drones after you in a non-extradition country, but short of that there's a lot they could potentially do to make your life very unpleasant.

5 ms·

The US still demands my taxes 10 years after I leave the country.

by cobaltblue 11y ago

The US still demands my taxes 10 years after I leave the country.

cpursley 11y ago
Minor correction: Not 10 years after you leave, but for 10 years after walking into a US embassy and relinquishing citizenship. Only then, you have the privilege to pay tax to a state you no longer are a citizen of for the next 10 years. For all other US citizens working overseas, you owe uncle sam a tax return every year no matter if it's for 5 years or 50. Only two nations in the world tax their citizens who live abroad. The other one is an African dictatorship.
- doktrin 11y ago
  > Minor correction: Not 10 years after you leave, but for 10 years after walking into a US embassy and relinquishing citizenship What specifically are you guys referring to? I can't find any reference to a 10-year tax obligation after renouncing US citizenshp. Is this part of the post 2008 expatriation tax?
  - cpursley 11y ago
    https://en.wikipedia.org/wiki/Expatriation_tax#United_States https://en.wikipedia.org/wiki/Expatriation_tax#United_States http://www.forbes.com/2010/03/23/expatriation-exit-tax-limbaugh-obamacare-personal-finance-robert-wood.html http://www.forbes.com/2010/03/23/expatriation-exit-tax-limba... http://www.forbes.com/sites/robertwood/2015/02/11/thousands-renounce-u-s-citizenship-hitting-new-record-not-just-over-taxes/ http://www.forbes.com/sites/robertwood/2015/02/11/thousands-... https://www.irs.gov/Individuals/International-Taxpayers/Expatriation-Tax https://www.irs.gov/Individuals/International-Taxpayers/Expa...
    - doktrin 11y ago
      Thanks for the info. That was a frustrating read.
- LunaSea 11y ago
  What would stop you from not paying ?
  - doktrin 11y ago
    Presumably the long arm of the US judicial system. I doubt they'd send drones after you in a non-extradition country, but short of that there's a lot they could potentially do to make your life very unpleasant.