John Richardson explores the concept that the term “citizenship tax” is abstract and meaningless without context” in an article entitled “Toward a Definition of US Citizenship Taxation.” (posted with permission)
The term “citizenship tax” is abstract and meaningless without context. What does it really mean? In this short post I attempt to describe the defining aspect of US tax residency in simple terms.
The ONLY contextual meaning of taxing based on citizenship is that it allows the US to impose tax on income earned outside the United States by people who live outside the United States.
Here is why … (continued see lower left)