However, most of that money is sitting in accounts outside the US and would be liable for US taxes if repatriated.
You are still liable for American taxes (unlike most other countries).
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For example, the U.S. and Afghan governments signed a bilateral agreement in 2003 that states the U.S. government, its military and civilian personnel and contractors aren't liable for Afghan taxes.
Taking note of this case, the IRS doesn't acknowledge--or deny--that it blew off Kuglin's requests, but says she remains liable for the taxes plus civil penalties, even if she is no longer facing jail and fines.
What other tag can be applied to arguments that wages paid in Federal Reserve notes--currency--aren't income, that "United States" only refers to residents of the District of Columbia and territories like Puerto Rico and Guam, or that only Federal Government employees are liable for federal taxes?
Owning a home in another state might make you liable for state income taxes.
They hope to persuade online sellers to sign up in exchange for guarantees that they won't be held liable for not collecting taxes on previous sales.
Barbara Mikulski, a Maryland Democrat, has called on the IRS to suspend any penalties or interest owed by AccuPay's clients, who under the tax code are liable for any unpaid taxes.
That way even if the IRS disallows the deal, you shouldn't be liable for penalties, only back taxes and interest.
While U.S. companies get a credit for the taxes they pay overseas, they are still liable for the difference between what they pay abroad and the higher U.S. marginal tax rate.
There are some 30, 000 state and local taxing authorities in the U.S. Businesspeople are becoming enormously confused with the growing hodgepodge of taxes and regulations they may be liable for.
The IRS cautions that an employer who contracts with a payroll service company remains liable for filing its payroll tax returns and depositing its payroll taxes.
The stakes are huge for corporations, which theoretically could be held liable for any actions of the government in nations where they do business, pay taxes, and rely on local forces to protect their assets.
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Tritt doubts she will be liable to pay taxes, since she probably earned less than the federal minimum required for taxable income.
If an employer intentionally misclassifies a worker, the employer is liable for the full federal income tax that should have been withheld, plus 100% of all Social Security and Medicare taxes!
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