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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...
very tactful business firm partner
  05/09/25
...
very tactful business firm partner
  05/09/25
Safe to assume he gives up US citizenship and is treated acc...
marvelous mildly autistic field
  05/09/25
US passport gives you visa-free access to an additional 27 c...
Swashbuckling new version circlehead
  05/09/25
if u renounce dont u have to pay some exit tax and shit, wil...
Beady-eyed Abusive Crackhouse
  05/10/25
if he didn't renounce US citizenship, and the church didn't ...
Bespoke hall
  05/09/25
Pope apparently makes 300000k euros BUT since he took or...
Topaz dysfunction
  05/09/25
Declining pay is taxable constructive comp
Excitant pea-brained school cafeteria
  05/09/25
is there a loophole if he adopts Filipino citizenship?
Heady useless brakes mad cow disease
  05/09/25
that’s a spicy FBAR
pale infuriating indian lodge
  05/09/25
The US system of worldwide taxation is retarded, part the bi...
frisky silver goyim
  05/09/25
...
White jap library
  05/09/25
...
very tactful business firm partner
  05/09/25
they shld at least exempt investmetn income, a legit foreign...
Beady-eyed Abusive Crackhouse
  05/10/25
Why don't you just renounce your US citizenship? Not like yo...
frisky silver goyim
  05/10/25
when i use the passport im using it faggot, they need to hav...
Beady-eyed Abusive Crackhouse
  05/10/25
Imagine being stranded in a true shithole like Papua because...
exciting sable sneaky criminal turdskin
  05/10/25
You don't have a second citizenship in Turdistan by now? Oka...
frisky silver goyim
  05/10/25
Uncle Sam is going to get .4% of all of the Catholic Church'...
very tactful business firm partner
  05/09/25
While Penguin Island made the Trump tariff list, the Vatican...
Heady useless brakes mad cow disease
  05/10/25
I suspect if he forfeited every asset he has ever had it wou...
Pearl Knife
  05/10/25
He has to pay tax on the imputed cost of personally owning t...
learning disabled preventive strike famous landscape painting
  05/10/25
Apparently his salary goes straight to the Augustinians so n...
Topaz dysfunction
  05/24/25


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Date: May 9th, 2025 10:15 AM
Author: very tactful business firm partner

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: very tactful business firm partner



(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: marvelous mildly autistic field

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: Swashbuckling new version circlehead

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: Beady-eyed Abusive Crackhouse

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: Bespoke hall

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: Topaz dysfunction

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: Excitant pea-brained school cafeteria

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: Heady useless brakes mad cow disease

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: pale infuriating indian lodge

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: frisky silver goyim

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: White jap library



(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: very tactful business firm partner



(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: Beady-eyed Abusive Crackhouse

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: frisky silver goyim

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: Beady-eyed Abusive Crackhouse

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: exciting sable sneaky criminal turdskin

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: frisky silver goyim

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: very tactful business firm partner

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: Heady useless brakes mad cow disease

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 Knife

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: learning disabled preventive strike famous landscape painting

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: Topaz dysfunction

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)