Talk:Tax exile

Untitled

I've heard that the US summarily declares anyone who renounces citizenship for any reason to presumptively be a tax exile - is this true? --Random832^T 20:28, 20 September 2006 (UTC)[reply]

I think U2 might be added to this list. - Matthew238 00:14, 22 November 2006 (UTC)[reply]

Merge proposal

Suggest merging "tax exile" and tax resident - they are just two sides of the same coin. Paul Beardsell 18:44, 22 December 2006 (UTC)[reply]

Ronnie Corbett

Does anyone have a source for Ronnie Corbett being a tax exile in australia? According to his own article, he lives in Croydon, and it only mentions one other home in Scotland. 91.109.189.130 (talk) 16:02, 17 October 2008 (UTC)[reply]

I agree it seems odd. While Australia may have lower taxes then UK it's hardly a low tax country indeed the highest tax bracket is 45%. Even of Ronnie Corbett did live in Australia for a while there could be plenty of other reasons. Being a tax exile presume it's primaril for tax purposes.

Spicegirls

I removed the claim they were tax exiles while on tour. Even if they were able to avoid a lot of tax, it's unlikely they went on tour to avoid paying tax rather that was the end result of the fact that they weren't residing in a fixed location Nil Einne (talk) 10:13, 27 December 2008 (UTC)[reply]

U.S. law error?

While it is true that the US is one of the few countries that taxes income earned by citizens living abroad, my understanding is that the first $91,400 of earned income is exempt. The article should state this ... am I right? Daniel Case (talk) 18:58, 10 January 2011 (UTC)[reply]

You're correct, this was a fairly large error. I've made some additions/revisions here though more changes could likely be made. Krem1234 (talk) 01:28, 7 June 2014 (UTC)[reply]

Norman Wisdom

I thought I'd read somewhere that Norman Wisdom moved to the Isle of Man in the 1960s. Is there any truth to this? If so, should he not be included? Contaldo80 (talk) 10:50, 2 May 2012 (UTC)[reply]

John Whittaker

I understood that the billionaire John Whittaker, owner of Peel Holdings a big UK company lives on the Isle of Man. Is he significant enough to add to the list? Contaldo80 (talk) 10:52, 2 May 2012 (UTC)[reply]

Description and list don't agree

The lead currently says

A tax exile is a person who leaves a country to avoid the payment of income tax or other taxes. It is a person who already owes money to the tax authorities or wishes to avoid being liable in the future to taxation at what they consider high tax rates, instead choosing to reside in a foreign country or jurisdiction which has no taxes or lower tax rates. In general, there is no extradition agreement between countries which covers extradition for outstanding tax liabilities. Going into tax exile is a form of tax mitigation or avoidance. A tax exile normally cannot return to their home country without being subject to outstanding tax liabilities, which may prevent them from leaving the country until they have been paid.

This suggests tax exiles must actually owe taxes. Yet several examples don't seem to refer to this, instead only seem to be people who moved away to avoid paying future tax. This is something different as the person doesn't have to actually owe tax and if they don't, can probably return to their country for short visits. This is not completely without risk since tax residency can be complicated (although this would be a future problem), but still the main point is that in many countries they do need to stay out of the country for 183 days so can't live there long term rather then being an exile since they actually have outstanding tax obligations. My impression is that this is a common definition although I only go how people use the term rather than an actual working definition I've read. Nil Einne (talk) 08:45, 1 February 2019 (UTC)[reply]

Barclay Brothers

David Barclay no longer resides on Brecqhou on account of being dead, but I've so far failed to come up with a rewording of their entry that doesn’t sound hopelessly clumsy. Anyone? Mr Larrington (talk) 11:03, 13 January 2022 (UTC)[reply]

David Bowie moving from the UK in 1976?

Bowie did not move from the UK to Europe as a tax exile in 1976. He had already moved from the UK to the USA in 1974. "In August 1976, Bowie moved to West Berlin with his old friend Iggy Pop to rid themselves of their respective drug addictions and escape the spotlight." https://en.wikipedia.org/wiki/David_Bowie 86.24.255.91 (talk) 09:09, 18 June 2024 (UTC)[reply]