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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...
Sepia Electric Station
  05/09/25
...
Sepia Electric Station
  05/09/25
Safe to assume he gives up US citizenship and is treated acc...
buck-toothed onyx hall community account
  05/09/25
US passport gives you visa-free access to an additional 27 c...
comical ungodly sneaky criminal
  05/09/25
if u renounce dont u have to pay some exit tax and shit, wil...
Thriller Boiling Water Church
  05/10/25
if he didn't renounce US citizenship, and the church didn't ...
marvelous nubile potus
  05/09/25
Pope apparently makes 300000k euros BUT since he took or...
Arousing ruby piazza
  05/09/25
Declining pay is taxable constructive comp
jade scourge upon the earth goyim
  05/09/25
is there a loophole if he adopts Filipino citizenship?
Opaque Crawly Institution Lettuce
  05/09/25
that’s a spicy FBAR
mind-boggling sticky karate business firm
  05/09/25
The US system of worldwide taxation is retarded, part the bi...
Primrose appetizing national
  05/09/25
...
Filthy hairraiser site
  05/09/25
...
Sepia Electric Station
  05/09/25
they shld at least exempt investmetn income, a legit foreign...
Thriller Boiling Water Church
  05/10/25
Why don't you just renounce your US citizenship? Not like yo...
Primrose appetizing national
  05/10/25
when i use the passport im using it faggot, they need to hav...
Thriller Boiling Water Church
  05/10/25
Imagine being stranded in a true shithole like Papua because...
chocolate brunch degenerate
  05/10/25
You don't have a second citizenship in Turdistan by now? Oka...
Primrose appetizing national
  05/10/25
Uncle Sam is going to get .4% of all of the Catholic Church'...
Sepia Electric Station
  05/09/25
While Penguin Island made the Trump tariff list, the Vatican...
Opaque Crawly Institution Lettuce
  05/10/25
I suspect if he forfeited every asset he has ever had it wou...
Laughsome abnormal quadroon state
  05/10/25
He has to pay tax on the imputed cost of personally owning t...
Cordovan hyperventilating genital piercing
  05/10/25
Apparently his salary goes straight to the Augustinians so n...
Arousing ruby piazza
  05/24/25


Poast new message in this thread



Reply Favorite

Date: May 9th, 2025 10:15 AM
Author: Sepia Electric Station

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=2#48916648)



Reply Favorite

Date: May 9th, 2025 7:58 PM
Author: Sepia Electric Station



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



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Date: May 9th, 2025 8:04 PM
Author: buck-toothed onyx hall community account

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

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



Reply Favorite

Date: May 9th, 2025 8:20 PM
Author: comical ungodly sneaky criminal

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

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



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Date: May 10th, 2025 12:01 AM
Author: Thriller Boiling Water Church

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=2#48918723)



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Date: May 9th, 2025 8:26 PM
Author: marvelous nubile potus

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=2#48918194)



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Date: May 9th, 2025 10:13 PM
Author: Arousing ruby piazza

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=2#48918505)



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Date: May 9th, 2025 11:40 PM
Author: jade scourge upon the earth goyim

Declining pay is taxable constructive comp

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



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Date: May 9th, 2025 8:40 PM
Author: Opaque Crawly Institution Lettuce

is there a loophole if he adopts Filipino citizenship?



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



Reply Favorite

Date: May 9th, 2025 8:56 PM
Author: mind-boggling sticky karate business firm

that’s a spicy FBAR

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



Reply Favorite

Date: May 9th, 2025 8:58 PM
Author: Primrose appetizing national

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

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



Reply Favorite

Date: May 9th, 2025 10:09 PM
Author: Filthy hairraiser site



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



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Date: May 9th, 2025 11:38 PM
Author: Sepia Electric Station



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



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Date: May 10th, 2025 12:02 AM
Author: Thriller Boiling Water Church

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=2#48918726)



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Date: May 10th, 2025 12:26 AM
Author: Primrose appetizing national

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=2#48918759)



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Date: May 10th, 2025 8:49 AM
Author: Thriller Boiling Water Church

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=2#48919034)



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Date: May 10th, 2025 10:04 AM
Author: chocolate brunch degenerate

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=2#48919116)



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Date: May 10th, 2025 11:23 AM
Author: Primrose appetizing national

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=2#48919277)



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Date: May 9th, 2025 11:39 PM
Author: Sepia Electric Station

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=2#48918677)



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Date: May 10th, 2025 12:10 AM
Author: Opaque Crawly Institution Lettuce

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=2#48918736)



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Date: May 10th, 2025 1:19 AM
Author: Laughsome abnormal quadroon state

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=2#48918809)



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Date: May 10th, 2025 8:26 AM
Author: Cordovan hyperventilating genital piercing

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=2#48919003)



Reply Favorite

Date: May 24th, 2025 11:47 AM
Author: Arousing ruby piazza

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=2#48958465)