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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...
Coiffed azn
  05/09/25
...
Coiffed azn
  05/09/25
Safe to assume he gives up US citizenship and is treated acc...
lilac house jewess
  05/09/25
US passport gives you visa-free access to an additional 27 c...
salmon beta electric furnace ape
  05/09/25
if u renounce dont u have to pay some exit tax and shit, wil...
exhilarant church building
  05/10/25
if he didn't renounce US citizenship, and the church didn't ...
confused titillating elastic band
  05/09/25
Pope apparently makes 300000k euros BUT since he took or...
Free-loading drab brunch
  05/09/25
Declining pay is taxable constructive comp
Flushed Alcoholic Area
  05/09/25
is there a loophole if he adopts Filipino citizenship?
180 trust fund tanning salon
  05/09/25
that’s a spicy FBAR
chestnut stag film toilet seat
  05/09/25
The US system of worldwide taxation is retarded, part the bi...
Concupiscible House-broken Affirmative Action Fat Ankles
  05/09/25
...
Galvanic coral abode juggernaut
  05/09/25
...
Coiffed azn
  05/09/25
they shld at least exempt investmetn income, a legit foreign...
exhilarant church building
  05/10/25
Why don't you just renounce your US citizenship? Not like yo...
Concupiscible House-broken Affirmative Action Fat Ankles
  05/10/25
when i use the passport im using it faggot, they need to hav...
exhilarant church building
  05/10/25
Imagine being stranded in a true shithole like Papua because...
silver site really tough guy
  05/10/25
You don't have a second citizenship in Turdistan by now? Oka...
Concupiscible House-broken Affirmative Action Fat Ankles
  05/10/25
Uncle Sam is going to get .4% of all of the Catholic Church'...
Coiffed azn
  05/09/25
While Penguin Island made the Trump tariff list, the Vatican...
180 trust fund tanning salon
  05/10/25
I suspect if he forfeited every asset he has ever had it wou...
Mildly Autistic Hunting Ground Associate
  05/10/25
He has to pay tax on the imputed cost of personally owning t...
sienna trip state
  05/10/25
Apparently his salary goes straight to the Augustinians so n...
Free-loading drab brunch
  05/24/25


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Reply Favorite

Date: May 9th, 2025 10:15 AM
Author: Coiffed azn

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=2E#48916648)



Reply Favorite

Date: May 9th, 2025 7:58 PM
Author: Coiffed azn



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



Reply Favorite

Date: May 9th, 2025 8:04 PM
Author: lilac house jewess

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

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



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Date: May 9th, 2025 8:20 PM
Author: salmon beta electric furnace ape

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

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



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Date: May 10th, 2025 12:01 AM
Author: exhilarant church building

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=2E#48918723)



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Date: May 9th, 2025 8:26 PM
Author: confused titillating elastic band

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=2E#48918194)



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Date: May 9th, 2025 10:13 PM
Author: Free-loading drab brunch

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=2E#48918505)



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Date: May 9th, 2025 11:40 PM
Author: Flushed Alcoholic Area

Declining pay is taxable constructive comp

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



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Date: May 9th, 2025 8:40 PM
Author: 180 trust fund tanning salon

is there a loophole if he adopts Filipino citizenship?



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



Reply Favorite

Date: May 9th, 2025 8:56 PM
Author: chestnut stag film toilet seat

that’s a spicy FBAR

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



Reply Favorite

Date: May 9th, 2025 8:58 PM
Author: Concupiscible House-broken Affirmative Action Fat Ankles

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

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



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Date: May 9th, 2025 10:09 PM
Author: Galvanic coral abode juggernaut



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



Reply Favorite

Date: May 9th, 2025 11:38 PM
Author: Coiffed azn



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



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Date: May 10th, 2025 12:02 AM
Author: exhilarant church building

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=2E#48918726)



Reply Favorite

Date: May 10th, 2025 12:26 AM
Author: Concupiscible House-broken Affirmative Action Fat Ankles

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=2E#48918759)



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Date: May 10th, 2025 8:49 AM
Author: exhilarant church building

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=2E#48919034)



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Date: May 10th, 2025 10:04 AM
Author: silver site really tough guy

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=2E#48919116)



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Date: May 10th, 2025 11:23 AM
Author: Concupiscible House-broken Affirmative Action Fat Ankles

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=2E#48919277)



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Date: May 9th, 2025 11:39 PM
Author: Coiffed azn

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=2E#48918677)



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Date: May 10th, 2025 12:10 AM
Author: 180 trust fund tanning salon

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=2E#48918736)



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Date: May 10th, 2025 1:19 AM
Author: Mildly Autistic Hunting Ground Associate

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=2E#48918809)



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Date: May 10th, 2025 8:26 AM
Author: sienna trip state

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=2E#48919003)



Reply Favorite

Date: May 24th, 2025 11:47 AM
Author: Free-loading drab brunch

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=2E#48958465)