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Another benefit of holding a green card: Global taxation on all global income, paid to the USA and enforced globally via FATCA: https://www.irs.gov/businesses/c
by TuringNYC 10y ago
Another benefit of holding a green card: Global taxation on all global income, paid to the USA and enforced globally via FATCA: https://www.irs.gov/businesses/corporations/foreign-account-tax-compliance-act-fatca https://www.irs.gov/businesses/corporations/foreign-account-...
There are numerous permanent residents who pay (or are forced to pay) US taxes on all global income, for the privilege of holding a Green Card and being a permanent resident.