"Mr. Travel" wrote:
>
> Greg Procter wrote:
>
> > Craig Welch wrote:
> >
> >>Greg Procter wrote:
> >>
> >>>Craig Welch wrote:
> >>>
> >>>>Greg Procter wrote:
> >>>>
> >>>>>"Mr. Travel" wrote:
> >>>>>
> >>>>>>Greg Procter wrote:
> >>>>>>
> >>>>>>
> >>>>>>>Craig Welch wrote:
> >>>>>>>
> >>>>>>>
> >>>>>>>>Mr. Travel wrote:
> >>>>>>>>
> >>>>>>>>
> >>>>>>>>>Greg Procter wrote:
> >>>>>>>>>
> >>>>>>>>>
> >>>>>>>>>>No, the law cannot apply _in_ other countries.
> >>>>>>>>>
> >>>>>>>>>If the action is committed in another country, the law could still
> >>>>>>>>>apply. The action taken against the violator would probably wait until
> >>>>>>>>>they are back in the US, but the law APPLIES for the offense committed
> >>>>>>>>>in the other country. Maybe your dictionary doesn't have this word?
> >>>>>>>>
> >>>>>>>>The best example is Taxation Law ... the IRS extends its reach to 'us
> >>>>>>>>yanks' the world over, does it not?
> >>>>>>>
> >>>>>>>I'm a New Zealander living in New Zealand - why would I know what the US
> >>>>>>>tax department does???
> >>>>>>>In New Zealand the NZIRS only concerns itself with wages or salaries
> >>>>>>>earned while the individual is resident in NZ.
> >>>>>>
> >>>>>>US law concerns itself with the earnings of people in the US, as well as
> >>>>>>the earnings of US Citizens and US Permanent Residents, inside and
> >>>>>>outside of the US. There is a hefty exclusion of income, probably
> >>>>>>90,000 USD by now, and there are also some credits for foreign taxes
> >>>>>>paid. Additionally, IRS probably won't find out any income was earned.
> >>>>>>However, that doesn't mean the law doesn't apply.
> >>>>>
> >>>>>Any yank working outside the US is going to be paying taxes in the
> >>>>>source country - then the thieving yank government taxes them on already
> >>>>>taxed income - I feel sorry for you all!
> >>>>
> >>>>So to add to the large (and seemingly growing) number of things you
> >>>>don't understand ... you've never heard of tax treaties?
> >>>
> >>>Of course I've heard of tax treaties.
> >>
> >>You might have heard of them, but if you *understood* them you would not
> >>have made the statement "then the thieving yank government taxes them on
> >>already taxed income".
> >
> >
> >
> > You just told me the US government taxes them on taxed income!
>
> That would be the case if the foreign tax on the non-excluded income is
> lower than the US tax would be.
What happens when the foreign tax is higher than the US tax level.
> Do you also understand there is a
> substantial income exclusion to start with.
Where?
> Do you feel citizens and
> permanent residents of a country owe nothing to that country?
I've made no such suggestion. |