Posted on 09/03/2012 10:25:15 AM PDT by Kaslin
“Depp” doesn’t mean anything in German.
Yup. He’s an Ottawa guy. Other canuck guys to mention are the sons of JP Parise and Ray Bourque...who play for Team USA. There’s a lot to mention.
You were once a prince of our cinema, now you're just a frog.
Abas le corsaire!
Leni
Outrageous. What will Hollywood say? An actor NOT wanting to give up his US citizenship? Funny how it all comes back around.
Not Depp by it self, but if you put in “du bist ein Depp” using the Bing translation it comes out “you are a dork” and since my native language is German, I should and would know I believe
Remember Will Smith's reaction when he was told the tax rate in France was 75%? He freaked out.
Mark
France is really bad, but the United States is racing to catch up. Regardless of who is the next president, socialized medicine is probably here to stay. Fannie Mae — a cause of the housing bubble — ain’t going anywhere. As for bailouts — just wait until the next big industry gets into trouble.
Worst of all is the old age entitlement state, with its death embrace of higher taxes and bigger government.
Pretty soon, there will be nowhere left on earth for us to go.
At least that's what it means, now that I've made it up.
(I'm sure that a Google search will reveal hundreds of other great minds who have done likewise.)
Sure do. It’s funny how they all like to talk about how great socialism is until they figure out that somebody has to pay for it. The government has to steal the money from someone.
"Taxman" was written by George Harrison.
example:
Depp makes $10M in 2010. Assume France has a 42% tax on income. Depp is a U.S. Citizen residing in France for the full year. He pays $4.2M to the French equivalent of the IRS. He also files a return in the US and reports the $10M in income. Let's assume that it is taxed at 38% (forget about exemptions and deductions for this example). He would file a return showing $3.8M owed to the IRS, but would be given credit for the amount paid to the French taxing authority, up to the $3.8M owed in the US.
Since the United States has lower rates than many other countries, U.S. citizens resident overseas for a full year rarely pay in both places.
The recent stink over Denise Rich renouncing her U.S. citizenship (or the earlier brouhaha over the Brazilian-U.S. dual citizen co-founder of Facebook renouncing his U.S. citizenship) illustrates the case of someone who could live and be a citizen in a jurisdiction with an advantageous tax scheme relative to the U.S., who is facing a windfall or an inheritance which would be subject to U.S. taxation. These expatriates who renounce U.S. citizenship are subject to an "exit fee" set by federal law. But, if the windfall is large enough (e.g., Rich, Eduardo Saverin) the exit fee is no impediment.
example:
Depp makes $10M in 2010. Assume France has a 42% tax on income. Depp is a U.S. Citizen residing in France for the full year. He pays $4.2M to the French equivalent of the IRS. He also files a return in the US and reports the $10M in income. Let's assume that it is taxed at 38% (forget about exemptions and deductions for this example). He would file a return showing $3.8M owed to the IRS, but would be given credit for the amount paid to the French taxing authority, up to the $3.8M owed in the US.
Since the United States has lower rates than many other countries, U.S. citizens resident overseas for a full year rarely pay in both places.
The recent stink over Denise Rich renouncing her U.S. citizenship (or the earlier brouhaha over the Brazilian-U.S. dual citizen co-founder of Facebook renouncing his U.S. citizenship) illustrates the case of someone who could live and be a citizen in a jurisdiction with an advantageous tax scheme relative to the U.S., who is facing a windfall or an inheritance which would be subject to U.S. taxation. These expatriates who renounce U.S. citizenship are subject to an "exit fee" set by federal law. But, if the windfall is large enough (e.g., Rich, Eduardo Saverin) the exit fee is no impediment.
I expected the really big yachts to sail in 2008 or 2009, but they’re still swinging at anchor in the New York Yacht Club basin (well, except Romney’s — he’s Cayman-flagged now)..... for now.
I thought it flew the Bahamanian flag.
Last night, TV news, shot of the yacht. ABC I think.
Lazy b*stard.
That's the last one, bert. You've worn out your welcome.
I thought so. Per Free Republic, the yacht belongs to a supporter
I don’t have the thread though
With the way all of these people praise Castro, why don’t anyone of them move to the socialist paradise of Cuba?
poor poor guy
Now he is a tax dodging rich guy
As an actor, I liked him very much in Fear and Loathing in Las Vegas, and in The Tourist, but I’ve otherwise never been very impressed.
I’m deeply impressed now to see how he’s handling himself as a member of the 1%.
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