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[personal profile] rakushka
This is pretty intense.... 3K to file your taxes???

Date: 2014-03-13 05:03 pm (UTC)
From: [identity profile] allochkag.livejournal.com
да, когда они сложные - запросто :(

Date: 2014-03-13 05:04 pm (UTC)
From: [identity profile] mamaracha.livejournal.com
The thing is - these people's taxes should not be that complicated, they are not some sort of businessmen with something complicated going on.... This sucks, but I understand where they are coming from.

Date: 2014-03-13 05:21 pm (UTC)
From: [identity profile] allochkag.livejournal.com
I would assume that expat's taxes are pretty complicated

I remember when Seregka just moved here from Israel - it was pretty complicated to pay his Israeli taxes for part of the year

Date: 2014-03-13 05:34 pm (UTC)
From: [identity profile] mamaracha.livejournal.com
I don't think they should be... The people in the article are just regular people working regular jobs... Plus, if you think about it, getting taxed twice on the same income just because you happen to be a citizen of the country where you no longer live is not fair. I understand that they are after corporations and individuals who hide their profits and avoid paying taxes, but that should not include someone who's a house cleaner and a gym owner in New Zealand

Date: 2014-03-13 05:47 pm (UTC)
From: [identity profile] redheadrat.livejournal.com
They are not paying taxes twice on same income.

But the problem is that US tax code is geared towards people needing ZERO paperwork to run their own business, thus filing their Schedule C and not worrying about additional returns for separately incorporated businesses.

This system breaks down when we are looking at expats as the laws are really meant to get the 1% of 1% of 1% level who hide billions overseas, but all that crap becomes too cumbersome for middle class and foreign banks.

If it is any consolation, I had to deal with Transfer pricing audits from EU, they are even worse, you literally have to show justification for any international outsourced contract.

Date: 2014-03-13 05:50 pm (UTC)
From: [identity profile] mamaracha.livejournal.com
I was under impression that you have to pay taxes on the income that you earned outside of the US? Or that's not true?
Yeah, the US made it so difficult that these people can't even get bank accounts overseas... Sucks.
What are transfer pricing audits?

Date: 2014-03-13 06:00 pm (UTC)
From: [identity profile] redheadrat.livejournal.com
Yes, you have to pay tax on that income, but whatever you already paid to other states get excluded.

Date: 2014-03-13 06:03 pm (UTC)
From: [identity profile] redheadrat.livejournal.com
Transfer pricing is a scheme where I sell service in USA for $100 and instead of working in USA with cost of $80, outsource it to Uganda for $100 (thus US revenue is not $0) and the same cost of $80, but in USA the $20 income would be subject to 40% tax, while in Uganda you pay only 5% tax.

Europe checks for this crap now and international companies are getting hit with audits and fines, you really have to justify moving revenue overseas.

Date: 2014-03-13 05:48 pm (UTC)
From: [identity profile] allochkag.livejournal.com
А я и не говорила, что они должны или что это справедливо :( я просто говорю, что за налоги берут кучу бабок и я понимаю почему эти люди не хотят платить ни налоги, ни тем, кто их делает :(


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