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Will the IRS tax Pope Leo now that he is a sovereign?

I don't think the taxmos who drafted the IRS Code contemplat...
Bisexual corner
  05/09/25
...
Bisexual corner
  05/09/25
Safe to assume he gives up US citizenship and is treated acc...
Onyx Ceo
  05/09/25
US passport gives you visa-free access to an additional 27 c...
electric free-loading lodge ape
  05/09/25
if u renounce dont u have to pay some exit tax and shit, wil...
aggressive bistre abode bbw
  05/10/25
if he didn't renounce US citizenship, and the church didn't ...
Nofapping Milky State Stain
  05/09/25
Pope apparently makes 300000k euros BUT since he took or...
Pontificating Tattoo
  05/09/25
Declining pay is taxable constructive comp
mauve psychic
  05/09/25
is there a loophole if he adopts Filipino citizenship?
Contagious Emerald Home Double Fault
  05/09/25
that’s a spicy FBAR
anal stock car
  05/09/25
The US system of worldwide taxation is retarded, part the bi...
Excitant hideous knife
  05/09/25
...
self-absorbed beady-eyed site
  05/09/25
...
Bisexual corner
  05/09/25
they shld at least exempt investmetn income, a legit foreign...
aggressive bistre abode bbw
  05/10/25
Why don't you just renounce your US citizenship? Not like yo...
Excitant hideous knife
  05/10/25
when i use the passport im using it faggot, they need to hav...
aggressive bistre abode bbw
  05/10/25
Imagine being stranded in a true shithole like Papua because...
stubborn odious parlor
  05/10/25
You don't have a second citizenship in Turdistan by now? Oka...
Excitant hideous knife
  05/10/25
Uncle Sam is going to get .4% of all of the Catholic Church'...
Bisexual corner
  05/09/25
While Penguin Island made the Trump tariff list, the Vatican...
Contagious Emerald Home Double Fault
  05/10/25
I suspect if he forfeited every asset he has ever had it wou...
pearl tanning salon reading party
  05/10/25
He has to pay tax on the imputed cost of personally owning t...
Light Location
  05/10/25
Apparently his salary goes straight to the Augustinians so n...
Pontificating Tattoo
  05/24/25


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Reply Favorite

Date: May 9th, 2025 10:15 AM
Author: Bisexual corner

I don't think the taxmos who drafted the IRS Code contemplated a US citizen being elevated to sovereign of the Holy See.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48916648)



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Date: May 9th, 2025 7:58 PM
Author: Bisexual corner



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918146)



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Date: May 9th, 2025 8:04 PM
Author: Onyx Ceo

Safe to assume he gives up US citizenship and is treated accordingly.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918155)



Reply Favorite

Date: May 9th, 2025 8:20 PM
Author: electric free-loading lodge ape

US passport gives you visa-free access to an additional 27 countries

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918186)



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Date: May 10th, 2025 12:01 AM
Author: aggressive bistre abode bbw

if u renounce dont u have to pay some exit tax and shit, will be lolzy if he has to send a check from the vatican

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918723)



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Date: May 9th, 2025 8:26 PM
Author: Nofapping Milky State Stain

if he didn't renounce US citizenship, and the church didn't pay him a salary but just provided housing and whatever he needs - would the IRS charge the vatican for the perquisites and tax them? i vaguely remember nissan doing this with carlos ghosn, and maybe grossing him up (so he would have cash to pay the tax on his in kind comp)

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918194)



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Date: May 9th, 2025 10:13 PM
Author: Pontificating Tattoo

Pope apparently makes 300000k euros

BUT since he took orders or whatever he has a vow of poverty

Francis just gave away his money but I wonder from a US tax prospective probably better to just decline it (or only accept under the reporting theshold)

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918505)



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Date: May 9th, 2025 11:40 PM
Author: mauve psychic

Declining pay is taxable constructive comp

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918682)



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Date: May 9th, 2025 8:40 PM
Author: Contagious Emerald Home Double Fault

is there a loophole if he adopts Filipino citizenship?



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918218)



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Date: May 9th, 2025 8:56 PM
Author: anal stock car

that’s a spicy FBAR

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918256)



Reply Favorite

Date: May 9th, 2025 8:58 PM
Author: Excitant hideous knife

The US system of worldwide taxation is retarded, part the billion.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918268)



Reply Favorite

Date: May 9th, 2025 10:09 PM
Author: self-absorbed beady-eyed site



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918490)



Reply Favorite

Date: May 9th, 2025 11:38 PM
Author: Bisexual corner



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918673)



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Date: May 10th, 2025 12:02 AM
Author: aggressive bistre abode bbw

they shld at least exempt investmetn income, a legit foreigner who buys US stocks doesnt have to pay US cap gains but me as a turd anchor baby "amerikkkkan" who never will live in US again has to, its absurd

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918726)



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Date: May 10th, 2025 12:26 AM
Author: Excitant hideous knife

Why don't you just renounce your US citizenship? Not like you're using it, faggot.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918759)



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Date: May 10th, 2025 8:49 AM
Author: aggressive bistre abode bbw

when i use the passport im using it faggot, they need to have a mpassport for millionaires that gives universal entry everywhere

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48919034)



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Date: May 10th, 2025 10:04 AM
Author: stubborn odious parlor

Imagine being stranded in a true shithole like Papua because your net worth fell to 900k and you renounced your citizenship

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48919116)



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Date: May 10th, 2025 11:23 AM
Author: Excitant hideous knife

You don't have a second citizenship in Turdistan by now? Okay, then quit your bitching about paying taxes on your US stocks, faggot.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48919277)



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Date: May 9th, 2025 11:39 PM
Author: Bisexual corner

Uncle Sam is going to get .4% of all of the Catholic Church's income on this deal

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918677)



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Date: May 10th, 2025 12:10 AM
Author: Contagious Emerald Home Double Fault

While Penguin Island made the Trump tariff list, the Vatican was notably absent... want to bet the Vatican Bank is underwriting the next Trump Hotel DC?

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918736)



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Date: May 10th, 2025 1:19 AM
Author: pearl tanning salon reading party

I suspect if he forfeited every asset he has ever had it wouldn't really matter so they'll work it out

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918809)



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Date: May 10th, 2025 8:26 AM
Author: Light Location

He has to pay tax on the imputed cost of personally owning the Pieta and living in the Sistine Chapel

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48919003)



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Date: May 24th, 2025 11:47 AM
Author: Pontificating Tattoo

Apparently his salary goes straight to the Augustinians so no income

https://www.wsj.com/personal-finance/taxes/pope-leo-xiv-us-taxes-f7f1de28

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48958465)