confused

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Joined 1 year ago
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Cake day: June 15th, 2023

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  • If they remain US citizens, they will have to pay US capital gains tax on the sale of their home in the place they now live. They’d also be liable for US federal income tax. This would be on top of whatever taxes they’re liable for in the country they moved to.

    If they have renounced their citizenship and are no longer resident in the US, then they’re (broadly) no longer liable for US taxes, including US capital gains on the sale of their home.

    Renouncing citizenship is expensive, but massively cheaper than the taxes they’d pay as non-resident US citizens. I’d assume their income had come in under the threshold or something, so the matter only came up when they wanted to sell their home.










  • Have had a few moments where I’ve been tempted to open it up, and even that makes me feel grubby.

    There are far worse things I have yet to boycott though, so it doesn’t feel very balanced to have such a strong reaction to this particular thing.

    Will visit in a few days to ensure that my comments have remained deleted and to close my accounts. I gather Reddit has been reinstating content deleted via PowerSuiteDelete and the like. Most of mine were done long before the recent crisis, and overwritten for a while before being deleted, so am hoping that though they’ll still have original versions on a server somewhere, it will be too awkward for them to bother making them visible.

    May also make a GPDR deletion request. Strongly suspect these companies don’t truly respect those, but it does mean they have to be a bit more cautious with relevant data.