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Author: fredinseoul Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5084  
Subject: Re: What about retiring overseas Date: 8/7/2003 11:15 PM
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I've heard repeatedly that ex-pats get a significant amount of their income double-taxed by local income tax and US income tax (typically AMT).

Yes, US tax. The IRS still wants you to pay US income taxes even if you live abroad.


Gus,

This is not 100% true. I work in the Republic of Korea for a US Company. I do not pay federal income taxes nor do I pay Korean taxes.

We fill out a form and submit it to the IRS. No taxes.

fredinseoul
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