2 ms·
Another way for Americans is to qualify for the FEIE by working a remote job in a foreign country that isn't good at collecting taxes.
by idontwantthis 1y ago
Another way for Americans is to qualify for the FEIE by working a remote job in a foreign country that isn't good at collecting taxes.
- eli 1y agoWouldn't claiming an exemption for foreign taxes that you didn't actually pay be fraud?
- coredog64 1y agoYes, but I’ll give a concrete example: I was an expat in New Caledonia. They have (or at least had) no income tax. The salary was below the amount that the US taxes for folks who are legitimately living outside the country, with a fair portion coming from a difficult to quantify housing subsidy.
- eli 1y agoSure but the premise is "legally" not "can get away with it" (Though, to be fair, I guess those two things aren't that different in practice)
- idontwantthis 1y agoYou don’t have to claim to pay taxes. It’s not the same as reciprocation.
- jimhi 1y agoThat is "only" ~100k or a so a year and if they aren't in the USA more than ~30 days a year. Small potatoes and arguably makes some sense.