It Won't Happen

Forbes, Steve
December 2006
Forbes Asia;12/11/2006, Vol. 2 Issue 21, p14
The author expresses his views on the proposed repeal of an amendment that would increase U.S. taxation of Americans working outside the country. He stresses that such repeal will strengthen the competitiveness of the U.S. with other countries. The amendment constrains several employers in hiring and employing Americans abroad which impedes the promotion of U.S. goods and services among foreign clients. Americans are liable for income taxes to both their country and to the foreign country in which they reside.


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