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There are also tax treaties with some countries that can reduce the burden. For example, as a NJ resident who works in NY I only pay taxes to the jurisdiction t
by DougWebb 17y ago
There are also tax treaties with some countries that can reduce the burden. For example, as a NJ resident who works in NY I only pay taxes to the jurisdiction that wants more (which is NY) because of an agreement between the states. I'm pretty sure there is a similar agreement between the US and Canada, where the US gets the income tax while Canada gets all of the sales tax.
- jleyank 17y agoThere is a US/Canada arrangement. While I must file US taxes each year, I pay nothing - there is the Foreign Income exclusion, and there is also a foreign tax credit. So, unless you live in a country with lower taxes than the US you end up with no net tax.