JC Double Taxed 🇦🇺 🇺🇸 END Double Taxation

The Pope got a key exemption that ordinary Americans Abroad should get. * END Double Taxation * Read Below: *Regulatory & Legislative Approaches Sign Bi-Partisan Petition Now: speak4.app/lp/4d01inqk @realDonaldTrump @JDVance @SecRubio @TaxFairUSAbroad xitter.gq/unusual_whales/status/…

The NIIT is not listed in the tax treaty as creditable. Only like for like taxes are creditable, & Canada does not have NIIT to credit to. + NIIT is considered independent of borders. Unless :: one interprets NIIT as a U.S. capital gains tax, then credits it.

@solomonYue @ExpatriationLaw @IRS_MEDIC How to guardrail Americans Overseas from U.S. double taxation. #NIIT. 1) Put into law NIIT does not apply to USP tax residents overseas for any income. 2) Eliminate NIIT 3) Re categorize the tax into either "capital gains" and/or "dividends. " MORE. Basically eliminate NIIT and if the revenue must be adjusted for then do it by adjusting the tax scales for capital gains and dividends. SO THAT then USP/persons abroad may then pay the U.S. tax on gains/dividends THEN they would have a recognizable credit on capital gains/dividends that they may use to reduce the often higher tax rates in nonUS countries. Otherwise there is no credit recognized as ONLY the U.S. has a NIIT tax then the tax of 3.8% when applies flows as double taxation on top of the already higher taxes in other countries. [why raise barriers for money to come to the U.S. and invest?] By the tax treaties the taxes are no higher than the highest of each country. With NIIT that is 3.8% for the U.S. and 0% for other countries as they do not have NIIT = no credit and the U.S. NIIT flows on top :: not even considered as an expense from the income. 4) For overseas persons remove the different tiers of thresholds for when the tax kicks in. Many US persons overseas have overseas spouses and may not then take advantage of the category "married filing jointly" with the highest threshold : as they get discriminated against for having a non U.S. spouse who for privacy, absurdity, complexity, double compliance cost, or double tax reasons don't want to put a nonUS person presence & income onto a U.S. tax return. ALSO, there is absurdity in that a tax with a nick name of "Obamacare tax" is levied against those who may never, or at least in that year, use Obamacare. & they are already paying for medical in the counties they live via higher taxes in the other country already. SIMILARLY, as an overseas voter who receives zero in the way of U.S. resident services in exchange for the double tax claim: they should vote down any U.S. spending measure or budget for U.S. resident services. Is RO for that position: zero spend on U.S. resident services? It is all wrong and absurd.

How to **Call Congress** guide to request shift to: Residence Based Taxation. The House bill number for the Residence-Based Taxation for Americans Abroad Act is H.R. 10468 END Double Taxation of Americans Abroad! @arro @ACAVoice @FAWCO democratsabroad.org/rbt_midt…

@SolomonYue I look forward to your re engagement:: for~9 million USP Overseas:: to finally achieve Residence Based Taxation ENDING U.S.double tax claim of Overseas Americans who are already taxed as "residents" in other countries. @RepOverseas #RBT #FATCA xitter.gq/RepOverseasTax/status/…

Correct. There is an unfulfilled @realDonaldTrump election promise: TO END U.S. Double Taxation on Americans Abroad. One may hope that the deregulation bent of this administration encourages ending the double taxation & over-regulation of abroads. xitter.gq/itootill/status/201291…