Comment on Facebook Co-Founder Saverin Gives Up U.S. Citizenship Before IPOparentComments−timbre14yYou can deduct taxes paid to your country of residence, so it's more max-taxation than double-taxation.−haasted14yI can confirm this.Americans living in Denmark don't seem to worry too much about US tax. This is due to the insane taxation level we have here, which blows all other levels out of the water and makes calculating US tax very easy.
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You can deduct taxes paid to your country of residence, so it's more max-taxation than double-taxation.
I can confirm this.
Americans living in Denmark don't seem to worry too much about US tax. This is due to the insane taxation level we have here, which blows all other levels out of the water and makes calculating US tax very easy.