Quote:
Originally posted by Pleasurepays
if you are a US citizen you are required to report all income earned world wide. it has nothing to do with where you are.
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To this day I find this the most ridiculous part of being a US citizen living abroad. Don't get me wrong, I still do it, but what business of the US government is it what sort of money I make anywhere else in the world? You have to earn a significant amount before you have to actually PAY any taxes on the money earned but why should I have to tell them about it regardless? Do they assume that since I'm an american citizen that EVENTUALLY I'll wanna move back to the US and 'take advantage' of the services that US taxes pay for?
