Our Defense Against IRS Citizenship-Based Taxation Is Splintered. Then We Lose. Again and Again.
Understanding Citizenship-Based Taxation: A Unique Burden on U.S. Expats Citizenship-based taxation (CBT) is a rare policy framework followed primarily by the United States, which obligates its citizens to pay taxes on worldwide income, regardless of their physical residence. This stands in stark contrast to the residence-based taxation model used by most countries, which ties tax […]