3 ms·
Perhaps the revenue is not very great but if there were a blanket exception I think you’d suddenly find a lot more people gaming then system to not technically
by emodendroket 5y ago
Perhaps the revenue is not very great but if there were a blanket exception I think you’d suddenly find a lot more people gaming then system to not technically be US residents and thereby escape large amounts of liability.
- ElFitz 5y agoMost countries don’t tax citizens living abroad on foreign revenue, and just forget about them once they become residents elsewhere (unless they still have income from their country of origin).
- deleted 5y ago[deleted]
- robin_reala 5y agoAnd by most here, you mean every single country in the world apart from the US, Eritrea, Myanmar and Hungary.
- randomchars 5y agoHungary does not tax it's citizens living abroad.
- robin_reala 5y agoI was going by the table at https://en.wikipedia.org/wiki/International_taxation#Individuals https://en.wikipedia.org/wiki/International_taxation#Individ... but it’s entirely possible that it’s incorrect.
- naniwaduni 5y agoIt looks like Hungary technically taxes nonresident citizens except in almost every case where it would matter.
- simonh 5y agoThat's pretty easily dealt with through residency thresholds. We do this in the UK, counting people resident for tax purposes if they spend more than so many days in the UK in a given year. I would be very surprised if the US doesn't already do this to determine non-citizens tax status.
- emodendroket 5y agoThat's how state taxes are dealt with in the US and a number of people go to great pains to make sure they stay exactly the number of days in some high-tax state that lets them skirt liability. I'd be surprised if similar things didn't happen in Europe but I don't pretend to be as familiar with what goes on there.
- simonh 5y agoSure, people definitely skirt around the edge if the rules. They’ll do that wherever you set the thresholds though.