[Talisker]

And anyway I thought that the taxes you paid in one place were credits against what you owe elsewhere?

LOL. Now that's funny right there.

I don't think you're quite clear on the concept behind taxes.

[Oceander]

And anyway I thought that the taxes you paid in one place were credits against what you owe elsewhere?

---

LOL. Now that's funny right there.

I don't think you're quite clear on the concept behind taxes.

Actually, as a general matter he's quite clear on the basic concept behind taxes; it's known as the "foreign tax credit" and, with some twists and turns in the details, more or less allows a US citizen or resident to claim a credit against their US taxes for foreign taxes they've already paid or accrued on the same income.

Alternatively, if it makes more sense, one can also claim a deduction against one's US taxable income for foreign taxes paid or accrued.

With respect to Mr. Depp, I'm not sure if he's quite clear on the concept, but there is an income tax treaty between the US and France that sorts out most of the issues. My guess is that it's not so much double taxation Mr. Depp is worried about so much as it is having to pay tax at the French rates rather than at the US rates, and probably also concerns about having to pay the French social taxes.