You have bought a $10,000 tax return. That's all I can tell you.
The mind boggles in a few directions. Migrating assets and corporations across borders is scary. You are now the creator and beneficiary of a foreign trust. Oh. Your superannuation is a foreign trust.
See. THIS is an example of why the US tax system is broken. Not because of the tax rate. Because of the rules. The folly and arrogance of a rules-based system. A logic system built like sediment builds up on the bottom of a lake. If sediment buildup involved corruption in the form of lobbyists.
The reverse situation for Australians is actually quite easy, for the most part if you have no income from or assets in Australia you're not required to file.
You have bought a $10,000 tax return. That's all I can tell you.
The mind boggles in a few directions. Migrating assets and corporations across borders is scary. You are now the creator and beneficiary of a foreign trust. Oh. Your superannuation is a foreign trust.
See. THIS is an example of why the US tax system is broken. Not because of the tax rate. Because of the rules. The folly and arrogance of a rules-based system. A logic system built like sediment builds up on the bottom of a lake. If sediment buildup involved corruption in the form of lobbyists.