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Yes, but we have reciprocal tax agreements with many countries. In Germany he’s already paying n dollars in taxes, and that n becomes a tax credit in the US.
by Schiendelman 6y ago
Yes, but we have reciprocal tax agreements with many countries. In Germany he’s already paying n dollars in taxes, and that n becomes a tax credit in the US.
- intellirogue 6y agoThis doesn't apply to all forms of income though. You can get double-taxed on some incomes.
- Schiendelman 6y agoThat’s true, but it’s fairly easy to do research beforehand to avoid this. The people generally impacted by this can afford advice from a tax attorney.
- colinb 6y agois there some cunning (but permitted) trick to avoid paying tax on ESPP gain, and sale of RSUs?
- Schiendelman 6y agoI'm not talking about avoiding paying tax entirely - just paying only the rate of either the US or the other country, not both.