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[quote=Anonymous]If you are a US tax resident, your worldwide income is taxable by the IRS. However, any foreign earned income would be subject to deductions for any taxes paid to the jurisdiction where the income was earned. You should also consider that thanks to FBAR requirements, most foreign banks will not grant bank accounts to US citizens or tax residents. So you will likely need to figure out a way to collect payments, pay maintenance costs, etc from a US-based bank. Before you undertake this, you should understand the bureaucratic burdens and be willing to accept them. [/quote]
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