Alien Tax Status, US Income Tax for Non-Residents, Foreign Persons. US Person Tax Vs Non-US Person

[@rangergrinch7924]

Trade of business means functions of a public office

[@theincometaxsituation1628]

Let's analyze: § 1.1-1(b) In general, all citizens of the United States, wherever resident, and all resident alien individuals are liable to the income taxes imposed by the Code whether the income is received from sources within or without the United States. Question 1: Were ONLY is a citizens of the United States a "resident"? Answer 1: only in a foreign country! Question 2: is "liable to" the same thing as "liable for"? Answer 2: no! "Liable to" means likely to be damaged by. Question 3: What taxes are imposed by the Code? Answer 3: Taxs on specified items of income received by a nonresident alien. Citizens and green card holders are only "liable to" the tax in their duty to act as a withholding agent on a percentage of the items of income received by a nonresident alien.

[@FJF119]

Time to renounce fuck FATCA

[@amg11901]

What about capital gains

[@rangergrinch7924]

What he's not saying is the definition used in the irc United States means DC and its territories. US person means the same. Nothing in 26 usc pertain to citizens of the several states party to the constitution in 50 states of union

[@ME-jc7xi]

Yes it does. US citizen living abroad earning foreign sourced income is subject to tax. And if acting as a US PERSON domestically.