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Will the IRS tax Pope Leo now that he is a sovereign?
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Date: May 9th, 2025 10:15 AM Author: Pale Library 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) |
Date: May 9th, 2025 7:58 PM Author: Pale Library (http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2E#48918146) |
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Date: May 9th, 2025 8:04 PM Author: bespoke persian step-uncle's house 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: buck-toothed big tank multi-billionaire 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: Laughsome Kitty 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: Crystalline wild police squad 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: well-lubricated provocative mad-dog skullcap 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) |
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Date: May 9th, 2025 11:40 PM Author: ocher diverse stock car temple 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: Balding Aphrodisiac Chapel is there a loophole if he adopts Filipino citizenship?
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Date: May 9th, 2025 8:56 PM Author: Startled tanning salon that’s a spicy FBAR (http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2E#48918256) |
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Date: May 9th, 2025 8:58 PM Author: yapping background story theater 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: Rusted theater stage jap (http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2E#48918490) |
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Date: May 9th, 2025 11:38 PM Author: Pale Library (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: Laughsome Kitty 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) |
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Date: May 10th, 2025 12:26 AM Author: yapping background story theater 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: Laughsome Kitty 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: appetizing talking box office gunner 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: yapping background story theater 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: Pale Library 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: Balding Aphrodisiac Chapel 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: Doobsian galvanic cumskin alpha 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: Electric Dysfunction Shrine 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) |
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Date: May 24th, 2025 11:47 AM Author: well-lubricated provocative mad-dog skullcap Apparently his salary goes straight to the Augustinians so no income
https://www.wsj.com/personal-finance/taxes/pope-leo-xiv-us-taxes-f7f1de28 |