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by deciplex
4390 days ago
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>If you are a US citizen you are taxed on your wages no matter where you are on Planet Earth. Some relief is possible (first approx $100k not taxable, for instance). Correct me if I'm wrong, but after that $100K deduction you're essentially paying the higher of the local tax, or the US tax? |
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expats pay tax on full amount to host country, plus tax on amount over $92k to US. So the money over $92K is double taxed - making it "pointless" (not completely, obviously) to earn that extra