Meghan, Duchess of Sussex, and Prince Harry visit the Andalusian Gardens in Rabat, Morocco, on Feb. 25, 2019.Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.Meghan Markle's and Prince Harry’s baby will be born into privilege as a member of the British royal family, but he or she will also have the rights of an American citizen.
“If you are an American citizen, you owe U.S. tax no matter what,” said Steve Dean, faculty director of the Graduate Tax Program at The New York University School of Law.to a child born abroad, as long as the parent has lived in the U.S. at some point over the past five years. In the case of the royal baby, it’s likely he or she will be eligible for an American passport.
“The U.S. is exceptionally broad in its idea of citizenship taxation,” said Michelle Lyon Drumbl, a clinical professor of law and director at Washington & Lee University School of Law’s Tax Clinic. “For most people it’s not so much of a big issue, but if you’re vastly wealthy, you’d have a lot to worry about filing obligations,” Dean said. While the royal baby theoretically wouldn’t have to file a tax return next year, any investment in his or her name could potentially be within the reach of the IRS.
Tabloid news.
Slow news day to even put this crap out.
That's bull.
They hate Harry and Meghan that’s the reason NBC AND OTHERS are attacking them even their unborn child is being attacked by NBC 🤔
Interesting... cause the US president has never paid taxes...
I’m pretty sure the UK will pass a law banning any payments by the royal family to the USA related to this
Will it have due citizenship?
Really dont need this type of Story
Who cares , she should give up her United States citizenship. Please stop running stories of the privileged royals, living off the backs of the peasants in UK
Yeah let's hope that mixed breed baby pays US taxes.
who cares?
No, rich people dont pay taxes....
Finally, the IMPORTANT questions!
Nothing else of any interest happened today? Nothing at all?
Heck no...that's only for us in the middle to lower incomes to do!
Capitalism is a bad thing. The baby is still to be born the media is already calculating the amount of money he or she will pay, how much has Donald Trump paid? He is American too
No. they're part of the British Royal Family...
Lucky Sperms gets away with anything, they will only cost US tax payers few more millions!
bored much?
Hit her hard !!!!
Slow news day?
Are you kidding me? What a joke you guys are on Twitter.
Didn't she relinquish her citizenship?
This is the dumbest law that exists. The US has no right to investigate the income of offshore citizens. That’s the point- it’s not offshore if the person does not reside in the US
Who cares
This is the story we should be talking about today
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