What is the tax loophole for expats?
What is the tax loophole for expats? The Foreign Housing Exclusion lets expats deduct foreign housing-related expenses from their US tax bill. Qualifying expenses may include: Rent. Utilities (but not phone or TV related expenses)
Do US citizens living abroad pay taxes twice?
The US is one of the few countries that taxes its citizens on their worldwide income, regardless of where they live or earn their income. This means that American expats are potentially subject to double taxation - once by the country where they earn their income, and again by the United States.