apis

joined 1 year ago
[–] apis@kbin.social 9 points 1 year ago (1 children)

If they remain US citizens, they will have to pay US capital gains tax on the sale of their home in the place they now live. They'd also be liable for US federal income tax. This would be on top of whatever taxes they're liable for in the country they moved to.

If they have renounced their citizenship and are no longer resident in the US, then they're (broadly) no longer liable for US taxes, including US capital gains on the sale of their home.

Renouncing citizenship is expensive, but massively cheaper than the taxes they'd pay as non-resident US citizens. I'd assume their income had come in under the threshold or something, so the matter only came up when they wanted to sell their home.

[–] apis@kbin.social 0 points 1 year ago

Am all in on this stroke as well.

[–] apis@kbin.social 189 points 1 year ago* (last edited 1 year ago) (13 children)

Don't even care about SEO fuckery, if the damn things would respect my search queries.

Quotes, operands & other modifiers seem to have been straight up jettisoned.

[–] apis@kbin.social 4 points 1 year ago (1 children)

Pfft, looped that thing for hours. After a time my brain just began conjuring other sounds out of it.

[–] apis@kbin.social 4 points 1 year ago

And what year it is!

[–] apis@kbin.social 1 points 1 year ago

If it is that bad then probably better out than in, but you may need to be on a drip to avoid dangerous dehydration, so keep your doctor updated. Hope you recover soon!