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Foreign Tax Exclusion in Practice |
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tblock
加入时间: 2007/05/04 文章: 1
海归分: 91
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作者:tblock 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
For US citizens, if you live and work 330 days or more outside of US, the money you make is tax deductable up to $80000. My understanding is, theoretically, you pay foreign tax on this, so to avoid double tax, your tax is deductable.
A few years back, if the money is paid to you by a US company to your US bank account, the Chinese government don't tax it. So the $80000 become no tax income. How does it work now, anyone knows?
Now suppose you make 160,000, and both US and Chinese government see it. Of which $80000 got only Chinese tax, the remaining $80000 will be taxed by both countries, that's again unfair. Anybody have an explanation?
作者:tblock 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
上一次由tblock于2007-5-04 周五, 22:10修改,总共修改了1次
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- Foreign Tax Exclusion in Practice -- tblock - (652 Byte) 2007-5-04 周五, 11:34 (1025 reads)
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