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It also has security clearance implications. Also if he moves back to Finland but remains a US citizen won't the IRS still be able to go after him for tax?
by duke_sam 16y ago
It also has security clearance implications. Also if he moves back to Finland but remains a US citizen won't the IRS still be able to go after him for tax?
- tokenadult 16y agoYes, United States citizens are liable for taxation on their worldwide income (unless there is a tax treaty between the United States and the other country in question).
- volkadav 16y agoOnly over some threshold (iirc, though it has been some time, around 80k USD equivalent). So maybe yes for someone with a comparatively high income, but not so much a worry for a reasonably large segment of the population. Naturally if this happens to apply to anyone reading I would urge consulting a professional for current advice. ;)
- ojbyrne 16y agoThe US has tax treaties with most developed countries, including Finland.
- dtegart 16y agoYou still need to file tax returns, even if you are under the limit to prove that you owe no tax.