[Asterisk-biz] Voip startup regulations question
trixter http://www.0xdecafbad.com
trixter at 0xdecafbad.com
Tue Aug 30 17:37:35 MST 2005
On Tue, 2005-08-30 at 17:51 -0600, Michael Welter wrote:
> >
> > The best solution is to leave the US until the government fixes things
> > (yeah right). If you live out of the US for 10-11 months (dpeending on
> > which program) as a US citizen you no longer have tax liability, and can
> > then work on no regulations of any kind.
>
> Sadly, you are mistaken. The US is one of two countries that tax its
> citizen's income world-wide. While living in London, my tax returns
> were a full tweo inches thick because of US/UK tax law.
>
> If you doubt this then I suggest you speak with a tax advisor at Earnst
> & Young.
*sigh*
http://www.irs.gov/faqs/faq13-3.html
read up on the 330 day presense test. They used to (may still) have a
program that if you are out of country 11 months out of the year total
or 10 months but at no time in country more than 2 weeks then you were
exempt).
However its quite clear on the 330 day presense test.
--
Trixter http://www.0xdecafbad.com Bret McDanel
UK +44 870 340 4605 Germany +49 801 777 555 3402
US +1 360 207 0479 or +1 516 687 5200
FreeWorldDialup: 635378
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