The Philippines also tax worldwide income. I think they and the US are the only which ALWAYS tax all worldwide income of their citizens/permanent residents.
Actually, a lot of countries tax worldwide income if you are resident in the country; it's just that there is a procedure to establish non-residence (e.g. for Canadians who are outside Canada for a certain number of months/years, or UK people), and then they are not liable to tax. A lot of other countries only tax some people on worldwide income (e.g. not taxing foreign income of new citizens in New Zealand for like 4 years), and others never tax foreign income.
International tax law is a constantly shifting swamp of lameness.
(there's also the Foreign Earned Income Exemption (around the first $92k/yr of income); i.e. why I have been on vacation for Q3/Q4 2010; it saved me more money to remain outside the US and work on my startup part-time while SCUBA diving and exploring Asia, than returning to the USA mid-year).
Actually, a lot of countries tax worldwide income if you are resident in the country; it's just that there is a procedure to establish non-residence (e.g. for Canadians who are outside Canada for a certain number of months/years, or UK people), and then they are not liable to tax. A lot of other countries only tax some people on worldwide income (e.g. not taxing foreign income of new citizens in New Zealand for like 4 years), and others never tax foreign income.
International tax law is a constantly shifting swamp of lameness.
(there's also the Foreign Earned Income Exemption (around the first $92k/yr of income); i.e. why I have been on vacation for Q3/Q4 2010; it saved me more money to remain outside the US and work on my startup part-time while SCUBA diving and exploring Asia, than returning to the USA mid-year).