Here’s a scary story for you!
[quote]Americans Living Abroad Get a Nasty Tax Surprise
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May 30, 2006, Tuesday
By KEITH BRADSHER AND DAVID CAY JOHNSTON; KEITH BRADSHER REPORTED FOR THIS ARTICLE FROM HONG KONG AND DAVID CAY JOHNSTON FROM ROCHESTER. (NYT); Business/Financial Desk
Late Edition - Final, Section C, Page 3, Column 1, 1203 words
DISPLAYING FIRST 50 OF 1203 WORDS -In an effort to raise revenues, tax writers in Congress added a last-minute provision that retroactively increased taxes for Americans living abroad. But the sudden imposition of new taxes has surprised overseas taxpayers, and it has employers concerned about the added cost. The increase for Americans abroad was added…[/quote]
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