On Tue, 30 Aug 2005, Michael Welter wrote: > > The best solution is to leave the US until the government fixes things > > (yeah right). If you live out of the US for 10-11 months (dpeending > > on which program) as a US citizen you no longer have tax liability, > > and can then work on no regulations of any kind. > > Sadly, you are mistaken. The US is one of two countries that tax its > citizen's income world-wide. While living in London, my tax returns > were a full tweo inches thick because of US/UK tax law. > > If you doubt this then I suggest you speak with a tax advisor at Earnst > & Young. It is not black and white. You can exempt up to 80k of foreign-earned income from US taxes, but you are taxed on the rest. You may also qualify for some relief based on treaties (if you pay X$ in taxes to a treaty country, you may get IRS to give you credit for ~X$).
http://www.irs.gov/businesses/small/international/article/0,,id=97324,00.html http://www.irs.gov/publications/p54/index.html -alex _______________________________________________ Asterisk-Biz mailing list [email protected] http://lists.digium.com/mailman/listinfo/asterisk-biz
