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Joined 2 years ago
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Cake day: June 15th, 2023

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  • This sounds like some sort of Sov-cit logic… This just results in slightly less than double taxation…

    Being able to deduct foreign paid taxes just removes that amount from your taxable income. The remainder of your income would still be taxable in the US. So unless you are literally giving all of your income to another nation as tax, you would still be paying US taxes in addition to these foreign taxes.