Trump Vows to Eliminate Income Taxes on Americans Living Abroad
- Expats must file taxes with IRS and country where they live
- Former president’s plan is his latest involving tax reduction
Donald Trump
Photographer: Justin Merriman/BloombergThis article is for subscribers only.
Donald Trump said he would end US income taxes on Americans living in other countries, the latest in a string of tax proposals in the final stretch of the 2024 campaign.
His pledge could simplify the tax obligations for US citizens who live overseas. Americans, regardless of where they live in the world, have to file tax information with the Internal Revenue Service and some expatriates are required to pay US taxes, in addition to levies in the country where they reside.