Outta Here!
High up on the Tibetan plateau at 10,000 feet lies the City of Golmud, isolated even by the standards of that barren land. With no airport and at least 16 hours from the nearest sizeable town by the fastest possible transport, the Han Chinese immigrants (imported to colonise the once free country of Tibet) of this fair city take their pleasures where they can.
It is here that Western Super-rock group Situation Tranquil has relocated to avoid unfair US taxation policies.
Advisors heave told the band that they should leave as soon as possible, this can be made difficult by China's strict internal passport controls. But rather band leaders KF Nibla and Dr. Elmore C. Trash stroll to the local potash plant, the City's principle industry, to visit the Cai Erhan Salt Lake, or to a giant half-empty dam (it doesn't rain much) or the hopelessly inefficient methanol plant. In this centrally planned, neo-Stalinist nirvana, they also wander through a maze of poorly constructed monumental buildings while sipping Golmud's exciting variety of toxic waters, available from the many corner stand-pipes; for as in most of China, environmental controls are non-existent. Yet it is not for all these delights that the city of Golmud deserves its own special entry in the Rock Music Hall of Fame. It is because KF and Trash have now decided this is the place they want to call home.
"Sure it's different. But I dig the vibe and the herbs available for earthly delites...dig?" says a relaxed yet energetic KF. "I feel America is no longer a place where free thinking people are welcome. So it's like...I'm outta there!"
Longtime ST keyboardist Dr. Mortimer J. Trash sees it this way, "There no place better for me right now at this point in my life. I mean hang gliding, scuba diving, chess playing, body surfing, macrame, poodle fluffing...it's all here and it's frickin cheap!"
The remaining members of ST are less than entusiatic. Rhythm guitarist Ennis Hair: "I like it right where I am. I'm not moving. I really don't care what DRT and KF do. Now if you'll excuse me there a virtual lawn care emergency in my yard."
posted by Situation Tranquil @ 10:38 AM
3 comments
3 Comments:
Rule #1:
All compensation for services performed in the United States is subject to U.S. taxes unless an exception applies.
Rule #6:
The United States, like foreign governments, collects taxes on the income of nonresidents through withholding taxes. The U.S. withholding tax is 30 percent unless an exception applies. One exception is wages subject to wage withholding.
Rule #2:
How an individual performing services in the United States is taxed depends on his or her U.S. tax status - resident or nonresident. These are tax terms not immigration terms. Rule #7:
An employer is required to withhold federal and state income taxes, and social security and Medicare taxes, on compensation paid for employment services performed in the United States unless an exception applies. This rule applies to both U.S. and foreign employers.
Rule #3:
A nonimmigrant's U.S. tax residency status depends on his or her U.S. immigration status and U.S. presence over a three-calendar year period. A nonimmigrant is a resident if he or she has been physically present in the United States for 183 days or more, for any reason, based on a formula unless an exception applies. U.S. days include partial days. Rule #8:
All payments made by an employer to or on behalf of an employee, including cash and the fair market value of benefits-in-kind, are wages subject to withholding taxes unless an exception applies.
Rule #4:
An immigrant, like a U.S. citizen, is subject to U.S. tax on worldwide income, even if the individual resides and works abroad, unless an exception applies. Rule #9:
In addition to meeting the conditions for an exception, an individual must document the exception usually by submitting a completed form, signed under the penalties of perjury, to the payer or to the IRS; otherwise the exception does not apply.
Rule #5:
A resident is subject to U.S. tax on worldwide income regardless of the currency or location of payment. A nonresident is subject to U.S. tax on U.S. source income and income effectively connected to a U.S. trade or business regardless of the source. Compensation for services performed in the United States is U.S. source income regardless of the currency or location of payment unless an exception applies. Rule #10:
The IRS enforces withholding by collecting the tax, plus penalties and interest, from the payer who fails to withhold or to collect the necessary form for the exemption from withholding. Additional penalties are imposed for the failure to report the income
Hi Situ ion Tranquil, taking a little time today to see what Permanent Income will send me to that is interesting. Outta Here! looks interesting and is a great read. Will also try Permanent Income in my e-travels. Have a super day!
Hi Situ ion Tranquil, I am cruising the blogs looking for any information on Worldwide Income and landed here. Although Outta Here! is interesting and got my attention, I will add this knowledge to my storehouse of information. I never know where Worldwide Income will take me. Have a great day!
Post a Comment
<< Home