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Will the IRS tax Pope Leo now that he is a sovereign?

I don't think the taxmos who drafted the IRS Code contemplat...
RFK Jr.
  05/09/25
...
RFK Jr.
  05/09/25
Safe to assume he gives up US citizenship and is treated acc...
...,;.....,;....,..,..,..,..,...
  05/09/25
US passport gives you visa-free access to an additional 27 c...
Pope Leo XlV
  05/09/25
if u renounce dont u have to pay some exit tax and shit, wil...
AZNgirl putting Dad on Indian Air Force Jet
  05/10/25
if he didn't renounce US citizenship, and the church didn't ...
Kenneth Play
  05/09/25
Pope apparently makes 300000k euros BUT since he took or...
N904PD
  05/09/25
Declining pay is taxable constructive comp
...,...,,.::..;,.,:,:,,..,::.,:,.,.:.:.,:.
  05/09/25
is there a loophole if he adopts Filipino citizenship?
peeface
  05/09/25
that’s a spicy FBAR
ataraxic
  05/09/25
The US system of worldwide taxation is retarded, part the bi...
.,.,.,.,.,.,,,,,,,........;.,.,.;
  05/09/25
...
african female assailant
  05/09/25
...
RFK Jr.
  05/09/25
they shld at least exempt investmetn income, a legit foreign...
AZNgirl putting Dad on Indian Air Force Jet
  05/10/25
Why don't you just renounce your US citizenship? Not like yo...
.,.,.,.,.,.,,,,,,,........;.,.,.;
  05/10/25
Uncle Sam is going to get .4% of all of the Catholic Church'...
RFK Jr.
  05/09/25
While Penguin Island made the Trump tariff list, the Vatican...
peeface
  05/10/25


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Date: May 9th, 2025 10:15 AM
Author: RFK Jr.

I don't think the taxmos who drafted the IRS Code contemplated a US citizen being elevated to sovereign of the Holy See.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48916648)



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Date: May 9th, 2025 7:58 PM
Author: RFK Jr.



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918146)



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Date: May 9th, 2025 8:04 PM
Author: ...,;.....,;....,..,..,..,..,...


Safe to assume he gives up US citizenship and is treated accordingly.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918155)



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Date: May 9th, 2025 8:20 PM
Author: Pope Leo XlV

US passport gives you visa-free access to an additional 27 countries

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918186)



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Date: May 10th, 2025 12:01 AM
Author: AZNgirl putting Dad on Indian Air Force Jet

if u renounce dont u have to pay some exit tax and shit, will be lolzy if he has to send a check from the vatican

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918723)



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Date: May 9th, 2025 8:26 PM
Author: Kenneth Play

if he didn't renounce US citizenship, and the church didn't pay him a salary but just provided housing and whatever he needs - would the IRS charge the vatican for the perquisites and tax them? i vaguely remember nissan doing this with carlos ghosn, and maybe grossing him up (so he would have cash to pay the tax on his in kind comp)

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918194)



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Date: May 9th, 2025 10:13 PM
Author: N904PD

Pope apparently makes 300000k euros

BUT since he took orders or whatever he has a vow of poverty

Francis just gave away his money but I wonder from a US tax prospective probably better to just decline it (or only accept under the reporting theshold)

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918505)



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Date: May 9th, 2025 11:40 PM
Author: ...,...,,.::..;,.,:,:,,..,::.,:,.,.:.:.,:.


Declining pay is taxable constructive comp

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918682)



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Date: May 9th, 2025 8:40 PM
Author: peeface

is there a loophole if he adopts Filipino citizenship?



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918218)



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Date: May 9th, 2025 8:56 PM
Author: ataraxic

that’s a spicy FBAR

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918256)



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Date: May 9th, 2025 8:58 PM
Author: .,.,.,.,.,.,,,,,,,........;.,.,.; ( )


The US system of worldwide taxation is retarded, part the billion.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918268)



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Date: May 9th, 2025 10:09 PM
Author: african female assailant (ELIMINATE TWO THIRDS OF THE SCHOOL DAY)



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918490)



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Date: May 9th, 2025 11:38 PM
Author: RFK Jr.



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918673)



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Date: May 10th, 2025 12:02 AM
Author: AZNgirl putting Dad on Indian Air Force Jet

they shld at least exempt investmetn income, a legit foreigner who buys US stocks doesnt have to pay US cap gains but me as a turd anchor baby "amerikkkkan" who never will live in US again has to, its absurd

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918726)



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Date: May 10th, 2025 12:26 AM
Author: .,.,.,.,.,.,,,,,,,........;.,.,.; ( )


Why don't you just renounce your US citizenship? Not like you're using it, faggot.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918759)



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Date: May 9th, 2025 11:39 PM
Author: RFK Jr.

Uncle Sam is going to get .4% of all of the Catholic Church's income on this deal

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918677)



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Date: May 10th, 2025 12:10 AM
Author: peeface

While Penguin Island made the Trump tariff list, the Vatican was notably absent... want to bet the Vatican Bank is underwriting the next Trump Hotel DC?

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2:#48918736)