I happened across this article in Bermuda's Royal Gazette, but it applies
to all US expats. New tax rules sneaked in under the radar... Read it and weep (or not, depending on your situation).
The United States is the only developed country in the world that continues to impose worldwide income tax on its citizens working overseas.
Check out this link as its very related
flyfishinPam - 5-19-2006 at 02:29 PM
Quote:
Originally posted by Bruce R Leech
The United States is the only developed country in the world that continues to impose worldwide income tax on its citizens working overseas.