
217| How to Save Thousands in US Federal Taxes Using Geo-arbitrage | David McKeegan
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What's the Difference Between Income Tax and Federal Tax?
If you're living in a country that doesn't charge them any income tax on their earnings. You can exclude 105 thousand, 900 dollars of that right off the top using the forn earned income exclusion. If they weren't americans, they could make this whole 300 thousand dollars completely tax free. In the scenaria, it actually picks up in the tax bracket that you then you would have been in had you not used the excursion. Is there a list of these countries that don't me? I'm sure there is a list. Do you cand provide for us that we can include in the show notes that have hese favorable tax treatments for this type of strategy.
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