The United States is one of only two countries that taxes based on citizenship, not place of residency. That means it doesn’t matter where you hang your hat — if you’re legally a U.S. citizen, you have a tax obligation to the U.S.
Taxes, Boris Johnson gave up his citizenship as he didn’t want to pay tax on a country he didn’t actively reside in. I always thought that was kind of ironic given half the reasons for independence were due to paying tax to a foreign power.
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Not having to pay tax in the US when you don’t live or work there.
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American passport is one of the few that still demand taxes even if you never been to the US for ages, look it up.
The United States is one of only two countries that taxes based on citizenship, not place of residency. That means it doesn’t matter where you hang your hat — if you’re legally a U.S. citizen, you have a tax obligation to the U.S.
Taxes, Boris Johnson gave up his citizenship as he didn’t want to pay tax on a country he didn’t actively reside in. I always thought that was kind of ironic given half the reasons for independence were due to paying tax to a foreign power.