Do You Need To File Us Taxes As An Expat In Australia?
June 10, 2023 ⚊ 1 Min read ⚊ Views 55 ⚊ BUSINESS
The short answer is yes, as an American expat living in Australia, you are required to file taxes in the United States. The United States is one of the few countries in the world that taxes its citizens on their worldwide income, regardless of where they live. However, there are certain exemptions and credits available to help reduce your tax liability.
One of the most important things to know is that the United States and Australia have a tax treaty in place that helps to avoid double taxation. This means that if you pay taxes in Australia on your income, you may be able to claim a foreign tax credit on your U.S. tax return. The foreign tax credit can reduce your U.S. tax liability dollar for the amount of tax paid in Australia.
Tags: American expat living in Australia
