Okay, if there is a specific treaty provision that is intended to avoid double taxation, then yes, that works, you have to claim the treaty benefits on your tax return
No, not unrealized gains... It appears that in Kazakhstan, when you sell stock in a publicly traded company that is based in the USA, and perhaps certain other countries, you have to pay income tax on the entire proceeds of the sale--not just on the capital gain. Unless the company is incorporated in the State of Wyoming, because... well, somehow, the Wyoming statute that defines a corporation is very different from other states, and it somehow gets more favorable treatment under Kazakh tax law. It sounded so ridiculous that no one believed the guy. Some of the more moderate and respectful users in the thread asked him to back it up with links to the text of the law, but all he could provide were links to pages that are written in Kazakh. (Wait, you mean there are countries that do not use English as a one of their official languages? Wow, I never knew that. Are those the "shithole" countries that Trump was talking about?) Anyway, someone finally went to the trouble of translating some of the text, and I think someone else found some links to documents published by a reputable accounting firm. And apparently it's true. But it's still utterly bizarre, especially the thing about Wyoming.
I know I dont possess your Elliot Wave wizardry,but if you make 100k, and get "charged" 15k, wouldn't the "gross" income be closer to 85k than 75k?? Asking for a friend