Tax consequences of becoming a US citizen
Gabriel Rocha
gabe at seul.org
Tue Jul 9 19:27:22 PDT 2002
On Wed, Jul 10, at 03:20AM, Nomen Nescio wrote:
| Are you saying that if someone is legally resident in the US for a
| while, the US IRS will attempt to get his assets all over the
| world forever? I find this hard to believe.
For a specific time period, this is absolutely true. Hard to believe,
sure, real anyway? Yes. But there is an income cap somewhere, it may
vary, but I suspect it to be like the $80k you get tax exempt.
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