ST Alpha - "but surely overseas stuff wouldn't show up on this taxes? I thought that was the point. -- nm" (Reading a Post)

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In response to "One theory is that he's much richer than he's let on and the vast amount of it is overseas and he doesn't pay taxes on it. Not $250 million rich, but" by jnine

but surely overseas stuff wouldn't show up on this taxes? I thought that was the point. -- nm

Posted by loosilu (aka loosilu2) Aug 1 '12, 10:11

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Responses:

The returns he already released showed some type of information that allowed people to calculate how much money he was earning overseas from investmen - jnine Aug 1, 10:18
Legally, you're taxed on all of your worldwide income as a US citizen. That's the issue with Swiss banking accounts. - spamlet Aug 1, 10:17 1
- Maybe he was part of the settlement in 2009 for earlier years and undeclared bank accounts. That's another possibility. - spamlet Aug 1, 10:19
yeah, this is my question. spam?? -- nm - Huan Van de Camp-Jiminez Aug 1, 10:12

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