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He didn't mention debt. I kinda wanted to be vague, since I'm just recapitulating a breakfast conversation I had nine months ago, and don't know a ton of detail
by karaterobot 5y ago
He didn't mention debt. I kinda wanted to be vague, since I'm just recapitulating a breakfast conversation I had nine months ago, and don't know a ton of details. I believe that he had to continue paying U.S. taxes in addition to the higher German taxes.
- larkost 5y agoIf your taxes wind up higher, then you have to file your U.S. taxes, but they wind up being minimal to 0, as the U.S. counts the taxes you pay there in lieu of paying to the U.S.. Mostly your extra expense should be in fees paid to one of the tax accountants who actually know their way around these tax laws/treaties.