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Do US citizens have to pay taxes for money earned outside their country?
Wiki User
∙ 15y ago
Yes, however, you can usually deduct income taxes paid to your host country from whatever you owe the IRS. You will still need to file a return each year, regardless of whether you owe anything. http://www.irs.gov/faqs/faq13-7.html
Wiki User
∙ 15y ago
Wiki User
∙ 12y agono
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What is included in GDP and what is excluded from GDP?
GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.
Is business money taxed when earned outside of UK?
Yes, it is.
What is an example sentence of for the word income tax?
Citizens and corporations must pay income tax on all earned money, even if it is earned overseas.
How does England get money?
The same way as any other country on earth. Taxing its citizens.
Can state governments borrow money?
yes state can borrow money from union and even outside the country
Which country in Europe makes the most money?
Germany has the largest economy, but the citizens of Liechtenstein make the most money (per capita).
The total amount of money earned by a country in a specific time period?
It's National Income.
The total amount of money earned by a country in a specific time period.?
It's National Income.
Why peoploe travel outside their own country for sport purposes?
To get a lot of money
Citizens in what country are most likely to volunteer time and money to promote community causes?
United States
What you mean by high income per capital?
It is when a certain country has a high average amount of money, earned in a certain year by a person in a country.
How do I know if my money market is tax free?
Your money market is not tax free. All money that is earned as bank interest is considered as taxable money. This is unless you donated that money, or it is an out-of-country bank account.
