Republicans Overseas “White Paper” on Territorial Taxation for Individuals

Details of Territorial Taxation Proposal for Individuals:

What would be Taxed:
– Any wage, salary, pension, dividend, interest, commission, service or other income paid
by a bank, corporation or other entity organized within the U.S.
– Capital gains on sales of any assets, tangible or otherwise, located in the U.S. and
securities of corporations or other entities organized within the U.S.



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