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Will the IRS tax Pope Leo now that he is a sovereign?

I don't think the taxmos who drafted the IRS Code contemplat...
mauve hateful newt
  05/09/25
...
mauve hateful newt
  05/09/25
Safe to assume he gives up US citizenship and is treated acc...
burgundy hall
  05/09/25
US passport gives you visa-free access to an additional 27 c...
magenta irradiated old irish cottage chad
  05/09/25
if u renounce dont u have to pay some exit tax and shit, wil...
irate pocket flask dilemma
  05/10/25
if he didn't renounce US citizenship, and the church didn't ...
Offensive bossy home
  05/09/25
Pope apparently makes 300000k euros BUT since he took or...
drab telephone stead
  05/09/25
Declining pay is taxable constructive comp
Jet thriller orchestra pit
  05/09/25
is there a loophole if he adopts Filipino citizenship?
sadistic hilarious hunting ground electric furnace
  05/09/25
that’s a spicy FBAR
glittery water buffalo corner
  05/09/25
The US system of worldwide taxation is retarded, part the bi...
Curious azn doctorate
  05/09/25
...
bonkers prole public bath
  05/09/25
...
mauve hateful newt
  05/09/25
they shld at least exempt investmetn income, a legit foreign...
irate pocket flask dilemma
  05/10/25
Why don't you just renounce your US citizenship? Not like yo...
Curious azn doctorate
  05/10/25
when i use the passport im using it faggot, they need to hav...
irate pocket flask dilemma
  05/10/25
Imagine being stranded in a true shithole like Papua because...
Sapphire Roast Beef
  05/10/25
You don't have a second citizenship in Turdistan by now? Oka...
Curious azn doctorate
  05/10/25
Uncle Sam is going to get .4% of all of the Catholic Church'...
mauve hateful newt
  05/09/25
While Penguin Island made the Trump tariff list, the Vatican...
sadistic hilarious hunting ground electric furnace
  05/10/25
I suspect if he forfeited every asset he has ever had it wou...
Domesticated cuck church
  05/10/25
He has to pay tax on the imputed cost of personally owning t...
bearded alpha pit
  05/10/25
Apparently his salary goes straight to the Augustinians so n...
drab telephone stead
  05/24/25


Poast new message in this thread



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Date: May 9th, 2025 10:15 AM
Author: mauve hateful newt

I don't think the taxmos who drafted the IRS Code contemplated a US citizen being elevated to sovereign of the Holy See.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48916648)



Reply Favorite

Date: May 9th, 2025 7:58 PM
Author: mauve hateful newt



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918146)



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Date: May 9th, 2025 8:04 PM
Author: burgundy hall

Safe to assume he gives up US citizenship and is treated accordingly.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918155)



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Date: May 9th, 2025 8:20 PM
Author: magenta irradiated old irish cottage chad

US passport gives you visa-free access to an additional 27 countries

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918186)



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Date: May 10th, 2025 12:01 AM
Author: irate pocket flask dilemma

if u renounce dont u have to pay some exit tax and shit, will be lolzy if he has to send a check from the vatican

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918723)



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Date: May 9th, 2025 8:26 PM
Author: Offensive bossy home

if he didn't renounce US citizenship, and the church didn't pay him a salary but just provided housing and whatever he needs - would the IRS charge the vatican for the perquisites and tax them? i vaguely remember nissan doing this with carlos ghosn, and maybe grossing him up (so he would have cash to pay the tax on his in kind comp)

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918194)



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Date: May 9th, 2025 10:13 PM
Author: drab telephone stead

Pope apparently makes 300000k euros

BUT since he took orders or whatever he has a vow of poverty

Francis just gave away his money but I wonder from a US tax prospective probably better to just decline it (or only accept under the reporting theshold)

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918505)



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Date: May 9th, 2025 11:40 PM
Author: Jet thriller orchestra pit

Declining pay is taxable constructive comp

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918682)



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Date: May 9th, 2025 8:40 PM
Author: sadistic hilarious hunting ground electric furnace

is there a loophole if he adopts Filipino citizenship?



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918218)



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Date: May 9th, 2025 8:56 PM
Author: glittery water buffalo corner

that’s a spicy FBAR

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918256)



Reply Favorite

Date: May 9th, 2025 8:58 PM
Author: Curious azn doctorate

The US system of worldwide taxation is retarded, part the billion.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918268)



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Date: May 9th, 2025 10:09 PM
Author: bonkers prole public bath



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918490)



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Date: May 9th, 2025 11:38 PM
Author: mauve hateful newt



(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918673)



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Date: May 10th, 2025 12:02 AM
Author: irate pocket flask dilemma

they shld at least exempt investmetn income, a legit foreigner who buys US stocks doesnt have to pay US cap gains but me as a turd anchor baby "amerikkkkan" who never will live in US again has to, its absurd

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918726)



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Date: May 10th, 2025 12:26 AM
Author: Curious azn doctorate

Why don't you just renounce your US citizenship? Not like you're using it, faggot.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918759)



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Date: May 10th, 2025 8:49 AM
Author: irate pocket flask dilemma

when i use the passport im using it faggot, they need to have a mpassport for millionaires that gives universal entry everywhere

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48919034)



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Date: May 10th, 2025 10:04 AM
Author: Sapphire Roast Beef

Imagine being stranded in a true shithole like Papua because your net worth fell to 900k and you renounced your citizenship

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48919116)



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Date: May 10th, 2025 11:23 AM
Author: Curious azn doctorate

You don't have a second citizenship in Turdistan by now? Okay, then quit your bitching about paying taxes on your US stocks, faggot.

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48919277)



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Date: May 9th, 2025 11:39 PM
Author: mauve hateful newt

Uncle Sam is going to get .4% of all of the Catholic Church's income on this deal

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918677)



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Date: May 10th, 2025 12:10 AM
Author: sadistic hilarious hunting ground electric furnace

While Penguin Island made the Trump tariff list, the Vatican was notably absent... want to bet the Vatican Bank is underwriting the next Trump Hotel DC?

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918736)



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Date: May 10th, 2025 1:19 AM
Author: Domesticated cuck church

I suspect if he forfeited every asset he has ever had it wouldn't really matter so they'll work it out

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48918809)



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Date: May 10th, 2025 8:26 AM
Author: bearded alpha pit

He has to pay tax on the imputed cost of personally owning the Pieta and living in the Sistine Chapel

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48919003)



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Date: May 24th, 2025 11:47 AM
Author: drab telephone stead

Apparently his salary goes straight to the Augustinians so no income

https://www.wsj.com/personal-finance/taxes/pope-leo-xiv-us-taxes-f7f1de28

(http://www.autoadmit.com/thread.php?thread_id=5722716&forum_id=2Elisa#48958465)