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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...
mahogany son of senegal
  05/09/25
...
mahogany son of senegal
  05/09/25
Safe to assume he gives up US citizenship and is treated acc...
Swollen Theatre Reading Party
  05/09/25
US passport gives you visa-free access to an additional 27 c...
twinkling library
  05/09/25
if u renounce dont u have to pay some exit tax and shit, wil...
Pale deer antler
  05/10/25
if he didn't renounce US citizenship, and the church didn't ...
Excitant box office filthpig
  05/09/25
Pope apparently makes 300000k euros BUT since he took or...
Gold site kitty
  05/09/25
Declining pay is taxable constructive comp
Talented Lavender Brunch Hairy Legs
  05/09/25
is there a loophole if he adopts Filipino citizenship?
Dull Hyperactive Haunted Graveyard
  05/09/25
that’s a spicy FBAR
dun soul-stirring telephone temple
  05/09/25
The US system of worldwide taxation is retarded, part the bi...
Hilarious beady-eyed nowag
  05/09/25
...
Garnet weed whacker tanning salon
  05/09/25
...
mahogany son of senegal
  05/09/25
they shld at least exempt investmetn income, a legit foreign...
Pale deer antler
  05/10/25
Why don't you just renounce your US citizenship? Not like yo...
Hilarious beady-eyed nowag
  05/10/25
when i use the passport im using it faggot, they need to hav...
Pale deer antler
  05/10/25
Imagine being stranded in a true shithole like Papua because...
High-end ticket booth roast beef
  05/10/25
You don't have a second citizenship in Turdistan by now? Oka...
Hilarious beady-eyed nowag
  05/10/25
Uncle Sam is going to get .4% of all of the Catholic Church'...
mahogany son of senegal
  05/09/25
While Penguin Island made the Trump tariff list, the Vatican...
Dull Hyperactive Haunted Graveyard
  05/10/25
I suspect if he forfeited every asset he has ever had it wou...
Lascivious office
  05/10/25
He has to pay tax on the imputed cost of personally owning t...
stirring principal's office pervert
  05/10/25
Apparently his salary goes straight to the Augustinians so n...
Gold site kitty
  05/24/25


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Date: May 9th, 2025 10:15 AM
Author: mahogany son of senegal

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)



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Date: May 9th, 2025 7:58 PM
Author: mahogany son of senegal



(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: Swollen Theatre Reading Party

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: twinkling library

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: Pale deer antler

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: Excitant box office 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=2E#48918194)



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Date: May 9th, 2025 10:13 PM
Author: Gold site kitty

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: Talented Lavender Brunch Hairy Legs

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: Dull Hyperactive Haunted Graveyard

is there a loophole if he adopts Filipino citizenship?



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



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Date: May 9th, 2025 8:56 PM
Author: dun soul-stirring telephone temple

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: Hilarious beady-eyed nowag

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: Garnet weed whacker tanning salon



(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: mahogany son of senegal



(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: Pale deer antler

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: Hilarious beady-eyed nowag

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: Pale deer antler

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: High-end ticket booth roast beef

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: Hilarious beady-eyed nowag

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: mahogany son of senegal

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: Dull Hyperactive Haunted Graveyard

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: Lascivious office

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: stirring principal's office pervert

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: Gold site kitty

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)