On Wed, Jul 10, at 03:30AM, Anonymous wrote:
| The question really is: Suppose one becomes a US citizen, and
| then resides outside the US. Then is money on earned on assets
| outside the US taxable by US authorities.
Yes it is. If you are a US citizen your income can be taxed a
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On Tuesday, July 9, 2002, at 06:30 PM, Anonymous wrote:
> On 9 Jul 2002 at 14:02, Tim May wrote:
>> Unless one's stay is a short one (see below), income or other
>> money earned while in the U.S. (and maybe earned outside the
>> U.S. if the IRS can make a nexus case) is taxable.
>
> The question
On Tue, Jul 09, at 05:11PM, Tim May wrote:
| Mexico does not allow _any_ noncitizen to work!
Two point. I did not know that about Mexico (I did say it was made about
the countries I knew about.) Switzerland and Brasil both allow student
visa holders to work, albeit with restrictio
On reflection, I did not make my situation clear.
I made a fair bit of money in my home country, despite a corrupt kleptocratic
government that that does its best to prevent people from earning an honest living. I
came to the US, became a green card holder and made a fair bit more money, and n
On Tuesday, July 9, 2002, at 06:40 PM, Greg Vassie wrote:
>> years after you leave the U.S." tax scheme. (Yes, any U.S. citizen who
>> moves anywhere in the world must, technically, file U.S. tax returns
>> for
>> 10 years after leaving. And pay various kinds of taxes, though the
>> amount may
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On Wed, Jul 10, at 03:20AM, Nomen Nescio wrote:
| Are you saying that if someone is legally resident in the US for a
| while, the US IRS will attempt to get his assets all over the
| world forever? I find this hard to believe.
For a specific time period, this is absolutely true.
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On 9 Jul 2002 at 14:02, Tim May wrote:
> Unless one's stay is a short one (see below), income or other
> money earned while in the U.S. (and maybe earned outside the
> U.S. if the IRS can make a nexus case) is taxable.
The question really is: Suppose one becomes a US citizen, and
then resides ou
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> years after you leave the U.S." tax scheme. (Yes, any U.S. citizen who
> moves anywhere in the world must, technically, file U.S. tax returns for
> 10 years after leaving. And pay various kinds of taxes, though the
> amount may be different from what he would have paid had he remained in
> t
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On Tue, Jul 09, at 02:02PM, Tim May wrote:
> > Also, a person having extensive offshore (outside the U.S.)
> > assets may well find his assets are now taxable in the U.S.
> > And for those with capital assets not taxed in their home
> > countries (e.g., Germany, Japan), this may be quite a shock.
On Tuesday, July 9, 2002, at 03:40 PM, Gabriel Rocha wrote:
> The US is one of the few countries that I know of (or about) that do not
> allow people ona student permit to work.
Mexico does not allow _any_ noncitizen to work!
Except for folks of either a) substantial resources, b) connected wi
Basically, none. A US resident is taxed just like a citizen. In fact,
even if you are not a green card holder, but have a "substantial
presence" in the US, you are still taxed like a citizen.
Marc de Piolenc
An Metet wrote:
>
> What are the tax implications of a US resident green card holder, w
On Tue, Jul 09, at 02:02PM, Tim May wrote:
| Why do you think a person without a green card is exempt from IRS
| jurisdiction?
I should have been clearer. I was speaking for his specific case, but as
it was pointed out, it applies to people who don't come here to work.
| Unless
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On Tue, 9 Jul 2002, Tim May wrote:
> Why do you think a person without a green card is exempt from IRS
> jurisdiction?
I assumed that he meant a US non-resident. Obvi
>
> Unless one's stay is a short one (see below), income or other money
> earned while in the U.S. (and maybe earned outside t
On Tuesday, July 9, 2002, at 01:19 PM, Gabriel Rocha wrote:
> On Tue, Jul 09, at 11:52AM, An Metet wrote:
> | What are the tax implications of a US resident green card holder,
> with substantial assets both in his original nation and in the US, of
> becoming a US citizen?
>
> Wel
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On Tue, Jul 09, at 11:52AM, An Metet wrote:
| What are the tax implications of a US resident green card holder, with substantial
|assets both in his original nation and in the US, of becoming a US citizen?
Well, think positive because you're already screwed. If you have a
greenca
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Time postulates:
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> to a _single_ past.
The laws of physics, including the laws of quantum mechanics, are
symmetric with respect to the arrow of t
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On Monday, July 8, 2002, at 08:39 PM, Tim May wrote:
> No, I was arguing that while the future may be multi-worlded,
> everything we know about science (evidence, archaeology,
> measurements, ...) points to a _single_ past.
>
>
Sorry about this misdirection to the CP list. It was meant to go t
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What are the tax implications of a US resident green card holder, with substantial
assets both in his original nation and in the US, of becoming a US citizen?
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