Quote:
Originally Posted by nfotiu
I think he actually pays Japan taxes in that case, which I think end up about the same as US/Cali taxes. Tax treaties could allow him to not pay US federal taxes in that case. Not a great deal for US/Cali to not see any tax dollars on all that money leaving the economy.
I guess if most of his endorsements are from Japanese companies, he’s in the opposite situation now of paying US taxes on Japanese earnings. That assumes they are paid in a way that is taxable in the US.
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Good point. I think basically.
1) it's complicated
2) he'll have the best advice on minimizing the payments.