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As a side note, I have a huge problem with #1. IIRC, the US is one of a very small number of countries that does this. If income is generated without using US
by newman314 14y ago
As a side note, I have a huge problem with #1.
IIRC, the US is one of a very small number of countries that does this.
If income is generated without using US resources, I don't see why it is necessary for that income to be double taxed.
- Kliment 14y agoThere are double taxation agreements in place with a very large number of countries so you never effectively have to pay double taxes, you generally have to pay the higher amount since you can deduct the tax already paid in the other country. Check what the regulations are for wherever you are.