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Do Americans Abroad Still Pay US Taxes?

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Content provided by Tax Foundation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tax Foundation or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

How does living abroad impact the taxes an American has to pay? Unlike most countries that tax based on residency, the US employs citizenship-based taxation, meaning Americans are taxed on their global income regardless of where they reside. This unique system creates a web of complexities, including stringent reporting requirements and potential penalties, which can leave many US citizens feeling overwhelmed.
In this discussion, Marylouise Serrato from American Citizens Abroad, joins Kyle Hulehan to explore the implications of FATCA for Americans living outside the United States. Together, they’ll unpack the compliance hurdles and misconceptions surrounding US tax obligations abroad, offering insights on the future of tax policy and its impact on the global American community.
Links:
https://www.americansabroad.org/

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83 episodes

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Do Americans Abroad Still Pay US Taxes?

The Deduction

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Manage episode 434435121 series 2795321
Content provided by Tax Foundation. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tax Foundation or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

How does living abroad impact the taxes an American has to pay? Unlike most countries that tax based on residency, the US employs citizenship-based taxation, meaning Americans are taxed on their global income regardless of where they reside. This unique system creates a web of complexities, including stringent reporting requirements and potential penalties, which can leave many US citizens feeling overwhelmed.
In this discussion, Marylouise Serrato from American Citizens Abroad, joins Kyle Hulehan to explore the implications of FATCA for Americans living outside the United States. Together, they’ll unpack the compliance hurdles and misconceptions surrounding US tax obligations abroad, offering insights on the future of tax policy and its impact on the global American community.
Links:
https://www.americansabroad.org/

Support the Show.

Follow us!
https://twitter.com/TaxFoundation
https://twitter.com/deductionpod
Support the show

  continue reading

83 episodes

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