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BobsYourUncle

(225 posts)

5. Couple of tax-related dual-citizenship facts...

Sat May 23, 2026, 08:56 AM

Saturday

A. There are two (count ‘m 2) nations on our planet which tax the income of their citizens, REGARDLESS of their country of residence. The USA is one of them. The other is a small African nation—ask the web.

1. An expatriate, living abroad is taxed by the USA on all income regardless of its source, the same as a resident of the USA. An expatriate will be in deep doo-doo with their host country if they fail to pay their US taxes.

“One more thing…”. An expatriate, living abroad who has other citizenship, may go to a U.S. consulate and declare that they wish to renounce their citizenship. One of the forms they will need to fill out is essentially a final income tax return to the date of renunciation that treats all assets “as if” sold on that date…all assets, wherever held. That could amount to a lot of capital gains tax!!!

When a taxing authority goes after you internationally WATCH OUT,!!

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Highlight:

Exclusive - US tax officials consider adding citizenship question to tax forms [View all] BumRushDaShow Saturday OP

A Dual-Citizenship Question wyn borkins Saturday #1

Couple of tax-related dual-citizenship facts... BobsYourUncle Saturday #5

Watching Out...(Now) wyn borkins Saturday #6

A couple of points about taxation Old Crank Saturday #10

Yeah, I skipped a lot of stuff... BobsYourUncle Saturday #22

Yup. Old Crank Sunday #27

If like most workers you've paid taxes Buddyzbuddy Saturday #2

Remove Miller liberalgunwilltravel Saturday #3

I have a suggestion for a question on a tax form. 70sEraVet Saturday #4

Another bullshit IRS box to just ignore. Avoiding taxes is SO easy for SO many. Callie1979 Saturday #7

The Billionaires, popsdenver Saturday #8

In Europe we have both Old Crank Saturday #11

BINGO NC popsdenver Saturday #14

and yet their tax systems seem to work far better than OURS. Callie1979 Saturday #17

I'm all for it. 100s of well-paying careers can easily avoid taxes. Cant avoid a VAT Callie1979 Saturday #18

True popsdenver Saturday #21

Wasn't it already decided this question was illegal? Bayard Saturday #9

Not sure Old Crank Saturday #12

Now that I think about it..... Bayard Saturday #23

They also wanted to put it on the voter registration forms BumRushDaShow Saturday #25

Well, let's see here, someone who is not a US citizen, but on a green card, check the box.... ashredux Saturday #13

Imagine being that dumb. SamuelAdams Saturday #15

That question is insane. Even undocumented residents are required to file tax returns (especially alwaysinasnit Saturday #16

Even illegal income is taxable!! Callie1979 Saturday #19

... alwaysinasnit Saturday #20

Will this include Melania............ turbinetree Saturday #24

Well then green card holders and those who are undocumented choie Saturday #26