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dlukton
Nomad Capitalist
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Comments by "dlukton" (@dlukton) on "Where to Pay Taxes if You Have No Home" video.
If that's really true, then there might be almost as much of a motivation for an Australian to renounce his citizenship as it is for some Americans (to renounce their citizenship).
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Yes; exempt from federal INCOME taxes (up to about $106K), but you may still have to pay PAYROLL taxes, depending on where your corporation is domiciled. If you own a company, and you're paying yourself as an employee, it's likely that you'll have to pay payroll taxes BOTH as an employee AND as an employer (however, it may be possible to avoid payroll taxes by incorporating the company in certain jurisdictions). Also, with regard to number of days per year that one has to remain outside the US, I think there are circumstances under which you can be in the US for as many as four months per year. I don't know the details, but it has to do with WHERE you've got a residence permit.
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