IO 😇@lemmy.blahaj.zone to Microblog Memes@lemmy.worldEnglish · 9 days agoWho wants Housing?lemmy.blahaj.zoneexternal-linkmessage-square197fedilinkarrow-up11.64Karrow-down111file-text
arrow-up11.63Karrow-down1external-linkWho wants Housing?lemmy.blahaj.zoneIO 😇@lemmy.blahaj.zone to Microblog Memes@lemmy.worldEnglish · 9 days agomessage-square197fedilinkfile-text
minus-squareDon_alForno@feddit.orglinkfedilinkEnglisharrow-up5·8 days ago Anyone trying to avoid US taxes would have to renounce US citizenship … and would then pay a hefty exit tax. I’m not convinced on the “only country that can” part though.
minus-squareTaldan@lemmy.worldlinkfedilinkEnglisharrow-up1·7 days agoHuh, TIL. Didn’t realize the US had an exit tax. Sounds like it forces a sale of US based assets when you renounce citizenship, then you have to pay taxes on that
… and would then pay a hefty exit tax.
I’m not convinced on the “only country that can” part though.
Huh, TIL. Didn’t realize the US had an exit tax. Sounds like it forces a sale of US based assets when you renounce citizenship, then you have to pay taxes on that