Which Countries Have Citizenship Based Taxation? #digitalnomad #expat #expatlife #tax

Summary

The transcript discusses the unique taxation system of the United States, which, along with Eritrea, taxes citizens based on citizenship rather than residency. This practice means that Americans living abroad are still required to pay taxes to the U.S. government, unlike citizens of most other countries. As a result of this burdensome system, an increasing number of American expatriates are choosing to renounce their U.S. citizenship.