Like A Duck@programming.dev to Ask Lemmy@lemmy.world · 10 months agoEuropeans, what is something that Americans have/do that makes no sense to you?message-squaremessage-square578fedilinkarrow-up1267arrow-down127
arrow-up1240arrow-down1message-squareEuropeans, what is something that Americans have/do that makes no sense to you?Like A Duck@programming.dev to Ask Lemmy@lemmy.world · 10 months agomessage-square578fedilink
minus-squarenodsocket@lemmy.worldlinkfedilinkarrow-up5arrow-down2·10 months agoThere’s no benefit to losing American citizenship. Why would you want to renounce it?
minus-squareBluetreefrog@lemmy.worldMlinkfedilinkEnglisharrow-up7·10 months agoNot having to pay tax in the US when you don’t live or work there.
minus-squarenodsocket@lemmy.worldlinkfedilinkarrow-up1·10 months agoWhat kind of taxes would you owe if you don’t live or work there?
minus-squareBluetreefrog@lemmy.worldMlinkfedilinkEnglisharrow-up1·10 months agoThe 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.
minus-squarepascal@lemm.eelinkfedilinkarrow-up2arrow-down2·10 months agoAmerican passport is one of the few that still demand taxes even if you never been to the US for ages, look it up.
There’s no benefit to losing American citizenship. Why would you want to renounce it?
Not having to pay tax in the US when you don’t live or work there.
What kind of taxes would you owe if you don’t live or work there?
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.
American passport is one of the few that still demand taxes even if you never been to the US for ages, look it up.
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