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Does a US citizen who inherits money and property in Bahamas from a grandparent in the Bahamas have to pay taxes in either or both countries?
Yes that is a very good question the answer is no they do not have to pay taxes in The Bahamas because the Bahamas is a tax free country but, they don't have to pay taxes in the united states because there property is over here in a tax free country and only if you keep your money in the bank of the Bahamas you can avoid paying taxes but if you transfer your money and your property to the US you will have to pay taxes
What is the rationale for the states argument about the state taxing the U'S?
States don't tax the US. THEY ARE the US. Federal, state, and local taxes are collected through sales tax, property tax, and income tax.
Is there anywhere in the us that you don't pay property taxes?
no
How did US federal government raise money before income tax?
AnswerThrough excise taxes (taxes on businesses), import/export taxes, transaction taxes (taxes on property transfers), sales taxes, property taxes, etc. etc. The government has taxed pretty much everything throughout its time. Heck, they even tax your property when you die (estate taxes).
What is the highest judicical body in the US?
The highest court in the US is the Supreme Court of the United States.
What is the highest judical body in the us?
The highest court in the US is the Supreme Court of the United States.
Does California have the second-highest population in the US?
No it has the highest population of the 50 states.
What is the highest mountion in the us?
the highest mountion in the United states is Mount Mckinley
Who is the highest ranking government official in local states?
In the US, the highest ranking government official in the states are their governors.
Is the president of the US the highest paid?
The President of the United States is the highest paid public official in the United States, but not the highest paid president in the world, nor the highest paid person in the United States.
What trucks are the highest rated in the United States?
Ford has the highest rated trucks in the US
What US state has no state tax?
There are multiple states: Alaska, Delaware, Montana, New Hampshire, and Oregon have no sales tax, but they have income and property taxes. I do not know if there is a state that is completely tax-free.
