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Private & Independent Schools
Reply to "Employers paying private school tuition "
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[quote=Anonymous]No issue with that. It’s good business (kind of cheap actually and these salaries are very good but not great, plus none of these kids are headed to Le Rosey or Eton) and in that situation you’re an expat. The issue is with people not being true expats, full well knowing they’ll never go back and will retire in the USA and resort to benefits and expensive geriatric medical care here without having contributed anything but property taxes (typically not in DC). It seems only fair that the laws change to ask whether there’s any intent to apply for GC/citizenship and treat anyone after 10 years in the country accordingly. If you want to stay, you start paying tax and tuition is taxable income. If you don’t want to stay and want to be an expat, fair game, but leave within 2 weeks from retirement. Seems only fair to close the loophole and give you t [/quote]
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