10 Questions
Which country is fully committed to 'citizen-based taxation', subjecting its citizens to income tax on their worldwide income regardless of where they live?
United States
Which country also taxes its citizens outside the country, but at a low flat rate?
Eritrea
Why does the United States enforce worldwide taxation of its citizens?
Administrative capacity and power
When did the United States first impose a tax on personal income?
1861
What was the tax rate imposed on personal income in the United States in 1861?
3%
Which country, besides the United States, also taxes its citizens outside the country?
Eritrea
What was the tax rate imposed on personal income in the United States in 1861?
3%
Why does the United States enforce worldwide taxation of its citizens?
To maintain administrative capacity and power
Which country has no tax obligation to its home country if its citizens haven't been living in it for a few years?
United Kingdom
When did the United States first impose a tax on personal income?
1861
Test your knowledge on the unique tax system in the United States! Discover how it differs from other countries and learn about the concept of citizen-based taxation. Find out if you're aware of the exceptions and nuances involved in this system.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
