11 ms·
Step 1: do not become a US citizen _φ(°-°=)
by aledalgrande 5y ago
Step 1: do not become a US citizen _φ(°-°=)
- baybal2 5y agoUS tax law has become a bit less sticky over time for non-residents. At least today they don't throw tax on your global income for people doing few months stints. Though, I don't think you can find much people today willing to go to US just for a few months for the sheer amount of paperwork headache.
- aledalgrande 5y agoThe thing is you couldn't even work in the US as a non-resident even for a week, how do you stay a few months and get taxed? Are you talking about income from an overseas business while you are on vacation in the US?
- baybal2 5y agoYes, I mean work on visas
- voisin 5y agoIf you are a citizen it doesn’t matter where your stint is - you pay tax on worldwide income. I think you are referring to non-citizens + non-residents that physically work in the US for a few months?
- lastofthemojito 5y agoYou can't help where you're born though. Ask "accidental American" Boris Johnson for example[0]. Although he's since renounced his U.S. citizenship to spare him from U.S. taxes. 0: https://www.bbc.com/news/uk-politics-30932891 https://www.bbc.com/news/uk-politics-30932891
- brailsafe 5y agoI've heard stories like this. I wonder if it's the same in Canada. Absurd.
- tharkun__ 5y agoThe CRA does not tax you like the IRS does, no. Generally there's that "half year" rule of residency and also the "if you are considered a resident for tax purposes on Dec 31st" and things might be different for other country combinations than I have experienced (where a tax treaty existed between Canada and said country).
- voisin 5y agoThe only other country that taxes like the US (citizenship based rather than residency) is Eritrea and… wait for it… the US has the gall to criticize Eritrea for doing it. Citizenship based taxation has been said by many think tanks to cause a drag on US GDP as there are relatively disproportionately fewer Americans working abroad than Brits, Aussies, etc etc. and people tend to work with companies they are familiar with back home. Go to Hong Kong, Dubai, etc and there are so many more citizens of non-US countries it is shocking.
- aledalgrande 5y agoIt was more of a self note, as I'm not a US citizen.