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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...
Supple Whorehouse
  05/09/25
...
Supple Whorehouse
  05/09/25
Safe to assume he gives up US citizenship and is treated acc...
henna den
  05/09/25
US passport gives you visa-free access to an additional 27 c...
Stirring mother
  05/09/25
if u renounce dont u have to pay some exit tax and shit, wil...
Sooty Infuriating Pervert
  05/10/25
if he didn't renounce US citizenship, and the church didn't ...
big shivering hairy legs filthpig
  05/09/25
Pope apparently makes 300000k euros BUT since he took or...
learning disabled nowag
  05/09/25
Declining pay is taxable constructive comp
Motley Base Sex Offender
  05/09/25
is there a loophole if he adopts Filipino citizenship?
pungent milky ape foreskin
  05/09/25
that’s a spicy FBAR
Exciting psychic
  05/09/25
The US system of worldwide taxation is retarded, part the bi...
appetizing bistre dragon
  05/09/25
...
Cream jet-lagged set potus
  05/09/25
...
Supple Whorehouse
  05/09/25
they shld at least exempt investmetn income, a legit foreign...
Sooty Infuriating Pervert
  05/10/25
Why don't you just renounce your US citizenship? Not like yo...
appetizing bistre dragon
  05/10/25
when i use the passport im using it faggot, they need to hav...
Sooty Infuriating Pervert
  05/10/25
Imagine being stranded in a true shithole like Papua because...
Misunderstood Internet-worthy Plaza
  05/10/25
You don't have a second citizenship in Turdistan by now? Oka...
appetizing bistre dragon
  05/10/25
Uncle Sam is going to get .4% of all of the Catholic Church'...
Supple Whorehouse
  05/09/25
While Penguin Island made the Trump tariff list, the Vatican...
pungent milky ape foreskin
  05/10/25
I suspect if he forfeited every asset he has ever had it wou...
stimulating step-uncle's house
  05/10/25
He has to pay tax on the imputed cost of personally owning t...
Chrome range immigrant
  05/10/25
Apparently his salary goes straight to the Augustinians so n...
learning disabled nowag
  05/24/25


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Reply Favorite

Date: May 9th, 2025 10:15 AM
Author: Supple Whorehouse

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: Supple Whorehouse



(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: henna den

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)



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Date: May 9th, 2025 8:20 PM
Author: Stirring mother

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: Sooty Infuriating Pervert

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: big shivering hairy legs filthpig

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: learning disabled nowag

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: Motley Base Sex Offender

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: pungent milky ape foreskin

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: Exciting psychic

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: appetizing bistre dragon

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: Cream jet-lagged set potus



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



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Date: May 9th, 2025 11:38 PM
Author: Supple Whorehouse



(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: Sooty Infuriating Pervert

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: appetizing bistre dragon

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: Sooty Infuriating Pervert

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: Misunderstood Internet-worthy Plaza

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: appetizing bistre dragon

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: Supple Whorehouse

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: pungent milky ape foreskin

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: stimulating step-uncle's house

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: Chrome range immigrant

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: learning disabled nowag

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)