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American who‘s been abroad for a decade: I 100% agree. It introduces a lot of friction, complexity, and annoyance. Beyond taxation, the limitations with Ameri
by matttproud 5y ago
American who‘s been abroad for a decade: I 100% agree. It introduces a lot of friction, complexity, and annoyance.
Beyond taxation, the limitations with American institutions when being domiciled abroad put you into a terrible edge-case with needing to crutch on someone stateside with an address. So much stupidity.
One addendum: while FATCA is newish and bad, the concept of taxation of Americans abroad dates back to the Civil War period. FATCA only made an existing injury worse.
- em3rgent0rdr 5y ago> "the concept of taxation of Americans abroad dates back to the Civil War period" I'm not surprised, but could you provide some references on this...I am curious to read.
- withinboredom 5y agoJust guessing, but I assume the Union wanted to continue to tax the Confederates who no longer lived in the Union because even though the succeeded from the Union, they were still Union citizens by birth.
- sterlind 5y agoseems unlikely. the Union didn't recognize the legitimacy of Confederate secession (hence, you know, the war.) the Emancipation Proclamation only applied to rebel states, as an example. they may have had trouble collecting taxes, what with the bullets and all, but amending the tax code doesn't help that.
- withinboredom 5y agoSomeone actually expanded on it down the page as a way to punish deserters.
- voisin 5y ago…which is exactly what the US criticizes Eritrea for doing with its citizenship based taxation! The only other country in the world to do this.