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Similar to tax practices followed within the US, American citizens living abroad must also report their annual income to the Internal Revenue Service, meaning expats are likely to file and pay taxes in two places. Although the agency implements measures to avoid double taxation, tax-filing requirements have still proven a hurdle for expats. […]
Posts Tagged ‘renouncing’
Nearly 1 in 4 American Expats Eye Renouncing US Citizenship Over Tax Requirements
May 19th, 2021 
Awake Goy 
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