3 ms·
A. Do you live abroad? Every us citizen I know that lives abroad DESPISES their tax treatment so it’s the first time I’ve heard someone say that. B. Corporatio
by balderdash 2y ago
A. Do you live abroad? Every us citizen I know that lives abroad DESPISES their tax treatment so it’s the first time I’ve heard someone say that.
B. Corporations are owned by people (perhaps a very disparate group of people via pension plans, 401ks, etc) and the tax man eventually gets a piece
- bobmcnamara 2y agoA) Last year's FEIE was 120k. When I was looking at teaching English as a second language abroad, US income tax wasn't a factor, but I could see it being one doing tech work. The annoying part is the paperwork and presence requirements. I did meet a couple ESL teachers who did have to worry about it in UAE. B) A smaller piece. I pay no more than 15% on my capital gains, I think they're capped at 20%, and I get to write off losses. It's wild to me that this is taxed at a lower rate than employment.