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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...
slippery volcanic crater mediation
  05/09/25
...
slippery volcanic crater mediation
  05/09/25
Safe to assume he gives up US citizenship and is treated acc...
impertinent gas station
  05/09/25
US passport gives you visa-free access to an additional 27 c...
swashbuckling incel
  05/09/25
if u renounce dont u have to pay some exit tax and shit, wil...
blathering bateful office immigrant
  05/10/25
if he didn't renounce US citizenship, and the church didn't ...
Free-loading Pearly Orchestra Pit
  05/09/25
Pope apparently makes 300000k euros BUT since he took or...
unhinged gaped skinny woman
  05/09/25
Declining pay is taxable constructive comp
sadistic queen of the night library
  05/09/25
is there a loophole if he adopts Filipino citizenship?
jade internet-worthy legal warrant
  05/09/25
that’s a spicy FBAR
Indecent Well-lubricated Pozpig
  05/09/25
The US system of worldwide taxation is retarded, part the bi...
painfully honest kitchen
  05/09/25
...
Razzle insane boiling water
  05/09/25
...
slippery volcanic crater mediation
  05/09/25
they shld at least exempt investmetn income, a legit foreign...
blathering bateful office immigrant
  05/10/25
Why don't you just renounce your US citizenship? Not like yo...
painfully honest kitchen
  05/10/25
when i use the passport im using it faggot, they need to hav...
blathering bateful office immigrant
  05/10/25
Imagine being stranded in a true shithole like Papua because...
vivacious mexican boltzmann
  05/10/25
You don't have a second citizenship in Turdistan by now? Oka...
painfully honest kitchen
  05/10/25
Uncle Sam is going to get .4% of all of the Catholic Church'...
slippery volcanic crater mediation
  05/09/25
While Penguin Island made the Trump tariff list, the Vatican...
jade internet-worthy legal warrant
  05/10/25
I suspect if he forfeited every asset he has ever had it wou...
Vigorous athletic conference
  05/10/25
He has to pay tax on the imputed cost of personally owning t...
adventurous costumed preventive strike
  05/10/25


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Reply Favorite

Date: May 9th, 2025 10:15 AM
Author: slippery volcanic crater mediation

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)



Reply Favorite

Date: May 9th, 2025 7:58 PM
Author: slippery volcanic crater mediation



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



Reply Favorite

Date: May 9th, 2025 8:04 PM
Author: impertinent gas station

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)



Reply Favorite

Date: May 9th, 2025 8:20 PM
Author: swashbuckling incel

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: blathering bateful office immigrant

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: Free-loading Pearly Orchestra Pit

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: unhinged gaped skinny woman

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: sadistic queen of the night library

Declining pay is taxable constructive comp

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



Reply Favorite

Date: May 9th, 2025 8:40 PM
Author: jade internet-worthy legal warrant

is there a loophole if he adopts Filipino citizenship?



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



Reply Favorite

Date: May 9th, 2025 8:56 PM
Author: Indecent Well-lubricated Pozpig

that’s a spicy FBAR

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



Reply Favorite

Date: May 9th, 2025 8:58 PM
Author: painfully honest kitchen

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

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



Reply Favorite

Date: May 9th, 2025 10:09 PM
Author: Razzle insane boiling water



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



Reply Favorite

Date: May 9th, 2025 11:38 PM
Author: slippery volcanic crater mediation



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



Reply Favorite

Date: May 10th, 2025 12:02 AM
Author: blathering bateful office immigrant

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)



Reply Favorite

Date: May 10th, 2025 12:26 AM
Author: painfully honest kitchen

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 10th, 2025 8:49 AM
Author: blathering bateful office immigrant

when i use the passport im using it faggot, they need to have a mpassport for millionaires that gives universal entry everywhere

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2#48919034)



Reply Favorite

Date: May 10th, 2025 10:04 AM
Author: vivacious mexican boltzmann

Imagine being stranded in a true shithole like Papua because your net worth fell to 900k and you renounced your citizenship

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2#48919116)



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Date: May 10th, 2025 11:23 AM
Author: painfully honest kitchen

You don't have a second citizenship in Turdistan by now? Okay, then quit your bitching about paying taxes on your US stocks, faggot.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2#48919277)



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Date: May 9th, 2025 11:39 PM
Author: slippery volcanic crater mediation

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: jade internet-worthy legal warrant

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)



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Date: May 10th, 2025 1:19 AM
Author: Vigorous athletic conference

I suspect if he forfeited every asset he has ever had it wouldn't really matter so they'll work it out

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2#48918809)



Reply Favorite

Date: May 10th, 2025 8:26 AM
Author: adventurous costumed preventive strike

He has to pay tax on the imputed cost of personally owning the Pieta and living in the Sistine Chapel

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2#48919003)