ccunning@lemmy.world to No Stupid Questions@lemmy.world · 3 months agoHow can a US citizen invest outside the reach of the federal government?message-squaremessage-square73fedilinkarrow-up183arrow-down18
arrow-up175arrow-down1message-squareHow can a US citizen invest outside the reach of the federal government?ccunning@lemmy.world to No Stupid Questions@lemmy.world · 3 months agomessage-square73fedilink
minus-squarejet@hackertalks.comlinkfedilinkEnglisharrow-up3·3 months agoYou owe federal tax on global income, but you can get a tax credit for local taxes paid on that income; So you pay max(US Federal, Foreign Local), but not the sum.
minus-squarestinky@redlemmy.comlinkfedilinkEnglisharrow-up1·3 months agoUnless it’s under what amount? :)
You owe federal tax on global income, but you can get a tax credit for local taxes paid on that income; So you pay max(US Federal, Foreign Local), but not the sum.
Unless it’s under what amount? :)