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Why some female physicians are eyeing a move to Canada from the U.S. (www.cp24.com)
submitted 2 years ago by to c/canada@lemmy.ca
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[–] 1 point 2 years ago (7 children)

I'm just spitballing here, but why would you pay taxes on your way out? I mean torch the passport, make an afternoon of it by all means. But pay a fee and tax? Just leave right?

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  • [–] 10 points 2 years ago (1 child)

    Because as long as you're US citizen, they will persecute you for every penny of income tax even if you work abroad.

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  • [–] 10 points 2 years ago (3 children)

    The US is one of the only countries in the world where citizens are taxed even when they don't live there (and haven't for many years). If you don't pay taxes on your way out but you have to visit for any reason, cops can arrest you when you re-enter.

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  • [–] 8 points 2 years ago* (last edited 2 years ago) (2 children)

    They also have extradition treaties in most countries, so you'd have to avoid about half of the world.

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  • [–] 2 points 2 years ago (1 child)

    You have taken all the whimsy and drama of leaving your country of birth. Fucking paper work and taxes!?!? I'm talking long beach cuts, walking defiantly off and never looking back.

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  • [–] 8 points 2 years ago

    Burning a passport doesn't renounce your citizenship. You still have to pay taxes. If not, they'll either extridite you or arrest you when you visit the US.

    You can get out of it, but you have to pay expatriation fees, including an exit tax on your assets

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