AF: FCA "hints" Brexit could have FCA becoming American Company as U.K-E.U. clash over taxes | Page 2 | Allpar Forums
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FCA "hints" Brexit could have FCA becoming American Company as U.K-E.U. clash over taxes

Discussion in 'Mopar News' started by AlexB, Feb 20, 2018.

  1. Sarah

    Sarah New Member

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    Several thousands of Americans do retire abroad each year and millions more are pursuing such an eventuality, due to the advantages and benefits that some foreign countries have over the US, such as better tax regimes and better quality of life. An important caution for such people retiring abroad is that they will continue to file US taxes, no matter which country they reside, unless they fully give up their US citizenship. Depending on the host country’s taxation system, such retirees may also have to pay local taxes, introducing the risk of double taxation. To avoid the unjust double taxation, the IRS introduced a number of tax exemptions which American expats can take advantage of, such as the Foreign Earned Income Exclusion and the Foreign Tax Credit. You may want to consult a US expat tax expert and stay on the safe side with Uncle Sam.
     
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  2. Tony K

    Tony K Active Member

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    Hopefully not before China becomes significantly more politically liberal.
     
    xjgary likes this.
  3. VoiceOfReason

    VoiceOfReason Active Member

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    Roth IRA
    Problem solved.
     
  4. VoiceOfReason

    VoiceOfReason Active Member

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    China's nascent success has a great deal to do with their reintroduction of Capitalist tenets.
     
  5. Stéphane Dumas

    Stéphane Dumas Well-Known Member

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    Don't forget India, who might not let China having all the cake for itself.
     
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  6. Tony K

    Tony K Active Member

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    True, but you still have to take a look under the hood. It may be a Capitalist engine, but it's controlled by a Chicom ECM, and the engine is welded to a PLA transmission controller. The CCP understanding of national power is much more based in reality that power is only possible with financial wherewithal. The modern CCP essentially repudiates Mao (Political power comes from the barrel of the gun) by acknowledgement of the real truth that power comes from the economy. You have no guns or ammo without it. It's why we're in a tiff with China now. We're almost too late to prevent the US from losing number one status. We've forgotten how globally important we are, especially to almost everyone whose name is "not China."
     
    #26 Tony K, Jul 1, 2019
    Last edited: Jul 1, 2019
  7. VoiceOfReason

    VoiceOfReason Active Member

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    Don't forget "free permanent trade with China" from 2000. That was the beginning of their five to one trade imbalance with the US, which benefit their economy more than ours.
     
  8. Dan Minick

    Level III Supporter

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    Also one needs to understand Chinese history. Decisions made are generally not short term thinking, but LONG term thinking, not a quarterly profit, or a 4year election decision, but a decision that is a step in the right direction for 100 years out.
     
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