U.S. Taxation Archives

For U.S. Persons with investments and income outside the U.S., the U.S. taxation can be unfavorable and there are enhanced informational reporting obligations.

News and Insights

U.S. Taxation of U.S. Citizens and U.S. Tax Residents Residing Overseas

Christopher Klug / June 6, 2023

U.S. citizens and U.S. tax residents (“U.S. Persons”) are taxed in the United States on their worldwide income no matter where in the world they reside. The U.S. taxes based on citizenship, which is different than almost all other countries in the world that tax based on residence.