this post was submitted on 01 Nov 2024
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Work Reform

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[โ€“] howrar@lemmy.ca 2 points 3 days ago (1 children)

Isn't that already how it works? Currently, US citizens still have to pay taxes when living outside the country unless they're paying taxes to a specific set of other countries. Although consequences are on the individual who fails to pay and not their country of residence.

[โ€“] chiliedogg@lemmy.world 2 points 3 days ago

I'm not saying for US citizens and US companies. That's how they avoid taxes - by registering in anther country.

Any person or company that does business in the US, even tangentially.

You're based out of Panama? Cool. Pay them what they require, then pay the remaining X that a US company would own to either Panama, the US, or some other country you operate within.

Don't grant them tax havens.