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| *Loan,banking and credit>>>business tax |
Do immigrants live tax free for 7 years if they open a business in the US? |
This is what I was told. Can anyone explain this law, or is it just an urban legend? Urban Legend. I am an immigrant and I started my own business, and I NEVER heard of that. It's just hate speech to make you hate immigrants for being hard-working and successful. Before I was naturalized, I had to pay even more taxes than now, and I had to pay social security even though I was not entitled to collect it. from what i understand yes they can come here open a business and for 7 years not pay taxes this is why you see gas stations being sold from one family member to another after some time Urban Legend No one lives tax free, even those who live overseas and have property here pay tax yes Not true! You are taxed on all your US source income at both the Federal and state levels. If you become a US citizen (or a resident alien), you will be taxed on your Worldwide income. Welcome to our country, now fork it over! |
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