Comment on "US Person": is a red flag for financial institutions in Europe

• NocturnalMorning@lemmy.world ⁨3⁩ ⁨hours⁩ ago

  Wow, I’ve never seen a post get a whole 100 downvotes before. This is a special moment for me.

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  • FosterMolasses@leminal.space ⁨2⁩ ⁨hours⁩ ago

    It’s peak regime indoctrination in action.

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    • NocturnalMorning@lemmy.world ⁨2⁩ ⁨hours⁩ ago

      Yeah, taxes are supposed to support services for people living in a country. Their comment is exceptionally dumb.

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• floofloof@lemmy.ca ⁨1⁩ ⁨day⁩ ago

  Funny, because it’s free everywhere else. Sounds like a bit of a shithole country.

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  • AllNewTypeFace@leminal.space ⁨1⁩ ⁨day⁩ ago

    Except for maybe eight countries. The US, North Korea and a few small Pacific island states, if I recall correctly.

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    • FosterMolasses@leminal.space ⁨2⁩ ⁨hours⁩ ago

      The US, North Korea and

      Gotta love how these two countries are suddenly being used in the same sentence all the time lol

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• Thteven@lemmy.world ⁨1⁩ ⁨day⁩ ago

  If you renounce your citizenship the US government still expects you to pay taxes for the next 10 fucking years. Do you think that sounds reasonable too?

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  • theneverfox@pawb.social ⁨22⁩ ⁨hours⁩ ago

    Haven’t heard that before, that’s wild

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  • Sassington@feddit.uk ⁨9⁩ ⁨hours⁩ ago

    No they don’t, this is why Boris Johnson gave up his American citizenship.

    (ftadviser.com/…/7fdbf645-1cc6-5f78-b01b-10c9c9eff…)

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  • Kolanaki@pawb.social ⁨18⁩ ⁨hours⁩ ago

    I’m wondering how the fuck are they even gonna know you paid them or not. If I am living in Germany, with a German employer, why the fuck are they telling the US what my wages are?

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    • mcv@lemmy.zip ⁨9⁩ ⁨hours⁩ ago

      Because otherwise none of their customers will be able to do business with the US. They would like their customers to be able to do business with the US, so their only options are to either follow reporting rules for US Persons, or avoid having US Persons as customer. It sucks, but it’s the US government forcing this on everybody, and because of the economic dominance of the US, the rest of the world has no choice but to comply.

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      • FosterMolasses@leminal.space ⁨2⁩ ⁨hours⁩ ago

        Ah, there’s the solution.

        Stop doing business with the US.

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• PapaStevesy@lemmy.world ⁨10⁩ ⁨hours⁩ ago

  I got mine for free, how much did you pay for yours?

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• grue@lemmy.world ⁨1⁩ ⁨day⁩ ago

  This isn’t about Americans’ obligation to pay. It’s about hassle being forced upon foreign companies that have fuck-all to do with America (except for having American expat customers), to make them help collect the taxes on the US’ behalf.

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• Captain_Buddha@lemmy.world ⁨23⁩ ⁨hours⁩ ago

  Who the fuck is getting cake!? The only thing we’re eating is shit from the Oligarchs.

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• boonhet@sopuli.xyz ⁨21⁩ ⁨hours⁩ ago

  In other countries, you pay taxes if you actually live there. If I move to Spain and live there for enough days per year, my taxes go to Spain, not Estonia.

  The US system I believe means you get double taxed if you live and work elsewhere, although I’m not 100% sure.

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  • mcv@lemmy.zip ⁨9⁩ ⁨hours⁩ ago

    I think you can usually deduct the taxes you pay elsewhere, but you will still have to file your taxes, which is apparently a rather painful process in the US.

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• muusemuuse@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

  It literally is.

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• El_guapazo@lemmy.world ⁨17⁩ ⁨hours⁩ ago

  I got it as a baby with no money

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  • T156@lemmy.world ⁨7⁩ ⁨hours⁩ ago

    You wouldn’t download a citizenship

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• Glytch@lemmy.world ⁨19⁩ ⁨hours⁩ ago

  Off topic but I hate that that phrase is backwards. If you have a cake you can eat that cake or you’re in the process of eating it (“having cake”). If you eat a cake you can’t then have it other than having it in your belly.

  I know I’m being pedantic and off topic, but you’re getting downvote to hell so what’s it matter?

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  • myplacedk@lemmy.world ⁨4⁩ ⁨hours⁩ ago

    It’s it “having” as in owning it? “I have a cake”.

    You can’t eat a cake, and then still have it.

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