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

i thought it was just that if the country you’re in taxed you less than what the US would, then you have to pay the difference to the IRS?

… and there’s no way in hell the US taxes less than sweden (and for anyone that hasn’t had an ice pick lobotomy that’s a good thing)

*edit: foreign tax credit

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

    That’s correct. You’d have to be earning way, WAY over the average Swedish salary before you start owing the IRS anything. That said, I wouldn’t put it past Trump to remove the foreign earned income exclusion to coerce people into moving back to the US as part of the ”trade war” nonsense.

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