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Old 10-12-2004, 08:58 PM   #2544
Greedy,Greedy,Greedy
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Quote:
Originally posted by greatwhitenorthchick
Because that's the basis for taxation. Many (I think most) countries tax based on residency. The US taxes based on citizenship and (for people like me) residency.

eta - I'm not sure if your question was philosophical or asking for the legal basis. I went with the latter. Not sure what the answer is from a philosophical pov.
Most countries are now moving toward a worldwide system with a credit. There are a few holdouts - I think France is one and Canada may be another, but most of them are offshore tax shelter jurisdictions.
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