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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The Global Tax

The Global Tax

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  • J Offline
    J Offline
    Jolly
    wrote on 20 May 2021, 22:15 last edited by
    #1

    Ain't gonna fly, IMO.

    https://www.msn.com/en-us/money/markets/u-s-proposes-global-minimum-corporate-tax-rate-of-15-with-an-eye-on-something-even-higher/ar-AAKcZjP?ocid=msedgntp

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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    • D Offline
      D Offline
      Doctor Phibes
      wrote on 20 May 2021, 22:24 last edited by
      #2

      There are few things other countries love more than the United States telling them how to run their economy.

      I was only joking

      G 1 Reply Last reply 20 May 2021, 22:36
      • D Doctor Phibes
        20 May 2021, 22:24

        There are few things other countries love more than the United States telling them how to run their economy.

        G Offline
        G Offline
        George K
        wrote on 20 May 2021, 22:36 last edited by
        #3

        @doctor-phibes said in The Global Tax:

        telling them how to run their economy.

        You misspelled "ruin."

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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        • R Offline
          R Offline
          Renauda
          wrote on 20 May 2021, 23:01 last edited by Renauda
          #4

          No surprise here. The US seems to think it can collect income taxes based on citizenship in addition to residency. The only other country I am aware of also attempts to enforce a similar policy on its non resident citizens is, Eritrea. This latest Made in USA tax initiative at the corporate level is that not far removed from the dubiously unique tax privilege requirement it imposes upon its citizenry worldwide.

          Elbows up!

          D 1 Reply Last reply 21 May 2021, 11:35
          • C Offline
            C Offline
            Copper
            wrote on 21 May 2021, 01:11 last edited by
            #5

            US taxpayers are a vanishing breed.

            Most citizens get more money than they could ever use from the federal government.

            1 Reply Last reply
            • R Renauda
              20 May 2021, 23:01

              No surprise here. The US seems to think it can collect income taxes based on citizenship in addition to residency. The only other country I am aware of also attempts to enforce a similar policy on its non resident citizens is, Eritrea. This latest Made in USA tax initiative at the corporate level is that not far removed from the dubiously unique tax privilege requirement it imposes upon its citizenry worldwide.

              D Offline
              D Offline
              Doctor Phibes
              wrote on 21 May 2021, 11:35 last edited by
              #6

              @renauda said in The Global Tax:

              No surprise here. The US seems to think it can collect income taxes based on citizenship in addition to residency.

              Yet another good reason not to apply for citizenship.

              I was only joking

              A 1 Reply Last reply 21 May 2021, 13:30
              • D Doctor Phibes
                21 May 2021, 11:35

                @renauda said in The Global Tax:

                No surprise here. The US seems to think it can collect income taxes based on citizenship in addition to residency.

                Yet another good reason not to apply for citizenship.

                A Offline
                A Offline
                Axtremus
                wrote on 21 May 2021, 13:30 last edited by
                #7

                @doctor-phibes said in The Global Tax:

                @renauda said in The Global Tax:

                No surprise here. The US seems to think it can collect income taxes based on citizenship in addition to residency.

                Yet another good reason not to apply for citizenship.

                Actaully, even if you just hold a green card, that’s enough for the USA to tax you globally.

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                21 May 2021, 01:11


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