~hyperlinks

I don’t know what the official rationale is, if there is any. 

The actual reason is because they can and most other countries can’t.

> I meant taxes on income earned abroad while living abroad. America is one of the only countries that claims that as taxable income

I'd heard that before! It doesn't make sense, because you'd end up being taxed twice,  in the US and in the country you're living in. Do you know what the reasoning behind that law is?

0xbitcoiner

I meant taxes on income earned abroad while living abroad. America is one of the only countries that claims that as taxable income and the only legal way out is to expatriate formally.

Generally, taxes are taken out of your income as you earn it but you can elect to opt out of that to some degree and keep track yourself.

japan

Politics_And_Law

econ

Is Japan a libertarian paradise? Not quite.

I meant taxes on income earned abroad while living abroad. America is one of the only countries that claims that as taxable income and the only legal way out is to expatriate formally. 

Generally, taxes are taken out of your income as you earn it but you can elect to opt out of that to some degree and keep track yourself.