Americans have to pay taxes to their government even if they live in another country

>Americans have to pay taxes to their government even if they live in another country
HAHAHHAHAHAHAHAHAHAHAHA LAND OF THE FREE HAHAHAHAHAHAHHAHAHAHAHAHAHA

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dog bless

wiat what, how does that work

>If you are an American living abroad, this means that as a US citizen, you must file a US federal tax return and pay US taxes no matter where you live. In other words, you are subject to the same rules regarding income taxation as people living stateside.

nooooooooooooooooo

Let's suppose this citizen lives in Italy, works there and keeps his money and transactions operating in an italian bank, how does the US know about this income?

They call the bank and ask for his info. Once they eventually get it, he is charged with tax evasion.

I think they just initiate criminal case if they find out that their citizen worked somewhere and there were not payed taxes from that time

they got no jurisdiction here. what will they do if you dont pay for a few years? fly over a dude to convince you to write over your house to them?

Thats so you can get rescued if Ackmed kidnaps your ass. Or some authoritarian regime throws you in jail for no reason.

But, at least in the EU, aren't they protected by the data protection act? Anyway, why would a private bank give that information? I don't understand

They'll freeze American assets and arrest you at the airport

I am assuming they first seize their property within the US.
>this is what Americans think their government is doing abroad
Does the act protect them if they are committing a crime?

what if i have no assets

can't lose if you don't play

>thinking you could escape paying taxes for israel

Is this real ameribros? Damn...

don't they also have to pay a lot to renounce their citizenship ?

fun fact: corporations are exempt from this
another fun fact: you have to pay taxes even if you renounce your citizenship

WTF

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They are not committing a crime under that countries rule, why would a foreign law be applied and enforced by another government

No fucking way

>be american abroad
>pay taxes two times

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Germans pay the highest taxes in the world.
And for what?
To have a German living standard in Germany.
Apparently the taxes go to fund the pensions of boomers.

What a fucking joke of a country.

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>be european
>your wife gives birth in usa while in vacation
>become an europoor and get tracked by M. Shekelberg

just pulled from google
>The Department of State charges a fee of $2,350 for the administrative processing of a request for a Certificate of Loss of Nationality.
>why would a foreign law be applied and enforced by another government
It would not be enforced by another government, but the bank would most likely have a reason to give them your info. Maybe they have assets on US soil or do some business in America. Either way, if you run a bank, you wanna keep good relations with your local US embassy. At least that is my understanding, I could be wrong.

>you have to pay taxes even if you renounce your citizenship
how is this even legal

kind of.
If you make more than 100k USD and the country you live in has a lower tax rate, you have to pay the difference on all income above 100k.
No, nobody is getting double taxed.
It was created to tax draft dodgers who ran to canada during the Civil War.
Its stupid and everyone acknowledges this, but its not really that big of a deal since anyone getting affected by it can afford to fork out a few hundred for an accountant.

i just looked it up, it says you only have to pay it once after renouncing it.

sell all your assets before you leave and never return

I don't know even if that's legal... it's weird anyway, banks are supposed to protect that information

Sounds bad but in return you get to be American i.e. you get the right to live in the richest country on earth with the most vibrant economy.
A huge country where you can find all kinds of different peoples and different landscapes and climates.
High salaries and relatively low taxes.
It's a pretty good deal.

>banks are supposed to protect that information
Sure, in a perfect world. But think of how easy it would be to launder money for example. Law enforcement is pretty strict to banks and 9 times out of 10 they will give away any info they need if it's related to a criminal charge.

>t. Private johnson stationed in east germany

They're all on polish flags now

lmao

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top kek

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I wish.

I wish. Would give anything to get American citizenship.

As long as your income is legit under that countries rule you would have no problem.

Every time you sign up for any kind of financial service (at least here in Spain but I'm sure is the same everywhere else) there's akways a question where they specifically ask you if you are a US citizen or are related to the US in any way. I guess is related to this.

This is straight up not true

Be a barrack boy

>Sounds bad but in return you get to be an ogre

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Go look it up it's true.

I don't know what that is but I don't like buggery.