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Version vom 31. August 2026, 01:53 Uhr

The old adage is crime doesn't pay, only one certainly can wonder sometimes about the accuracy of it given the amount of of politicians that find a way to be bad guys! Regardless, the fact an individual making money from a criminal offence doesn't mean you don't have to pay taxes. That's right. The IRS wants its unfair share of your ill gotten gains!

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Example: Mary, an American citizen, is single and lives in Bermuda. She earns an income of $450,000. Part of Mary's income will be subject to U.S. income tax at the 39.6% tax rate.

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