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Oh Christ. You have bought a $10,000 tax return. That's all I can tell you. The mind boggles in a few directions. Migrating assets and corporations across bor
by philiphodgen 15y ago
Oh Christ.
You have bought a $10,000 tax return. That's all I can tell you.
The mind boggles in a few directions. Migrating assets and corporations across borders is scary. You are now the creator and beneficiary of a foreign trust. Oh. Your superannuation is a foreign trust.
See. THIS is an example of why the US tax system is broken. Not because of the tax rate. Because of the rules. The folly and arrogance of a rules-based system. A logic system built like sediment builds up on the bottom of a lake. If sediment buildup involved corruption in the form of lobbyists.
- bentoner 15y agoThanks Phil! I went to grad school about 5 mins walk from your office, but right now the plan is to avoid ever again becoming a US taxpayer.
- philiphodgen 15y agoYay CalTech. If you're ever in Pasadena give me a call.
- tankenmate 15y agoThe reverse situation for Australians is actually quite easy, for the most part if you have no income from or assets in Australia you're not required to file.