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F.U.2 - 02 - Tax exile
F.U.2 - 02 - Tax exile
Published: 2012/12/22
Channel: François Miet
Remembering British Rock
Remembering British Rock's Tax Exiles
Published: 2012/04/23
Channel: Firstbhb Lahhbhst
Tax Exiles - (I Don
Tax Exiles - (I Don't Believe in) Miracles (1978)
Published: 2015/12/09
Channel: Rat Ward
Tax Exile
Tax Exile
Published: 2014/05/30
Channel: Nona Hendryx - Topic
10  What
10 What's it like being in tax exile
Published: 2012/11/03
Channel: ARU
Jeremy Corbyn v Tax Exile Carpetbagging Public Service asset stripping NHS Sir Richard Branson
Jeremy Corbyn v Tax Exile Carpetbagging Public Service asset stripping NHS Sir Richard Branson
Published: 2016/08/25
Channel: chunkymark
Tax Exile
Tax Exile
Published: 2016/09/22
Channel: The Countdown Singers - Topic
Tax exile
Tax exile
Published: 2016/08/28
Channel: WikiWikiup
Make
Make'em pay! France divided over Depardieu tax exile
Published: 2012/12/18
Channel: FRANCE 24 English
The Exile - "Fascist DJ" and "Windmill"
The Exile - "Fascist DJ" and "Windmill"
Published: 2014/06/26
Channel: fabiossh
Path of Exile: DEATH & TAXES Unique Map - "The PoE Raid Boss" - Beyond League (Hardcore)
Path of Exile: DEATH & TAXES Unique Map - "The PoE Raid Boss" - Beyond League (Hardcore)
Published: 2014/10/08
Channel: ZiggyD Gaming
EXILE / No Limit -short version-
EXILE / No Limit -short version-
Published: 2013/08/26
Channel: avex
TERRY  SCOTT  JR            TAX  EXILES
TERRY SCOTT JR TAX EXILES
Published: 2016/09/23
Channel: kameldiscosoulfunk
French PM attacks tax exiles after Depardieu
French PM attacks tax exiles after Depardieu's departure
Published: 2012/12/11
Channel: euronews (in English)
Stones And a Car Wash
Stones And a Car Wash
Published: 2017/10/03
Channel: Malan Darras
The Rolling Stones - 1971 The Exile Outtakes
The Rolling Stones - 1971 The Exile Outtakes
Published: 2017/11/12
Channel: Master Eddie
Tier 12 Death and Taxes Map Boss walkthrough Guide
Tier 12 Death and Taxes Map Boss walkthrough Guide
Published: 2017/04/18
Channel: LucasD GaminG
Best Tax Havens
Best Tax Havens
Published: 2008/11/30
Channel: BestTaxHavens
Depardieu seeks tax exile in Belgium
Depardieu seeks tax exile in Belgium
Published: 2012/12/11
Channel: euronews (in English)
F.U.2. - Punk rock with.... F.U.2. - 02 - Tax exile (Les Tréteaux LP 6389-02)
F.U.2. - Punk rock with.... F.U.2. - 02 - Tax exile (Les Tréteaux LP 6389-02)
Published: 2014/07/09
Channel: Art Buggy's Cheesecakes
tea - mind your own business
tea - mind your own business
Published: 2010/02/13
Channel: TheFutli
Welcome to Russia: Putin grants asylum to French tax refugee
Welcome to Russia: Putin grants asylum to French tax refugee
Published: 2013/01/03
Channel: RT
1129MR FRANCE TAX EXILE
1129MR FRANCE TAX EXILE
Published: 2012/09/11
Channel: BYNTVNews
EXILE TAKAHIRO / Eternal Love
EXILE TAKAHIRO / Eternal Love
Published: 2017/09/21
Channel: avex
The Economics of The Rolling Stones, LeBron James, and Downton Abbey
The Economics of The Rolling Stones, LeBron James, and Downton Abbey
Published: 2015/05/06
Channel: ReasonTV
EXILE TAKAHIRO / Irish Blue
EXILE TAKAHIRO / Irish Blue
Published: 2017/11/16
Channel: avex
Everything
Everything
Published: 2016/02/13
Channel: TEA - Topic
TEA - Sky Club Malta 6-25-10 LADY + Drum Solo "Raw + Uncensored"
TEA - Sky Club Malta 6-25-10 LADY + Drum Solo "Raw + Uncensored"
Published: 2012/06/25
Channel: TEAonline1
EXILE / 『EXILE JAPAN / Solo』スペシャルコメント
EXILE / 『EXILE JAPAN / Solo』スペシャルコメント
Published: 2011/12/27
Channel: avex
POLICE MANHANDLE ukuncut payday protesters against tax avoidence www.crookreport.co.uk
POLICE MANHANDLE ukuncut payday protesters against tax avoidence www.crookreport.co.uk
Published: 2010/12/19
Channel: Jay Hari
Lets Play the Music
Lets Play the Music
Published: 2016/02/11
Channel: TEA - Topic
Silverdocs 2010 - STONES IN EXILE trailer 65_Available_June.mov
Silverdocs 2010 - STONES IN EXILE trailer 65_Available_June.mov
Published: 2010/06/03
Channel: AFI DOCS
Nona Hendryx - Live at The Bottom Line, New York 11/07/1977
Nona Hendryx - Live at The Bottom Line, New York 11/07/1977
Published: 2016/09/20
Channel: Musica Obscura - Rare Tracks and Albums
How to Pronounce Tax-exile
How to Pronounce Tax-exile
Published: 2016/12/19
Channel: Dictionary Voice
Alexandra
Alexandra
Published: 2016/02/11
Channel: TEA - Topic
Baden-Baden: 144. Steinhoff Zukunftsrennen (Gruppe 3)
Baden-Baden: 144. Steinhoff Zukunftsrennen (Gruppe 3)
Published: 2017/09/03
Channel: GERMAN RACING
3265WD-FRANCE FILE-TAX EXILES
3265WD-FRANCE FILE-TAX EXILES
Published: 2012/12/13
Channel: BYNTVNews
UKuncut TopShop Oxford Street London payday protest against tax avoidence
UKuncut TopShop Oxford Street London payday protest against tax avoidence
Published: 2010/12/19
Channel: tizrovideo
Path Of Exile: Death And Tax Time for revenge Feat: The Hooker
Path Of Exile: Death And Tax Time for revenge Feat: The Hooker
Published: 2015/04/29
Channel: Wikarina Wikarina
Hands Off Hibs - Scotland’s Game
Hands Off Hibs - Scotland’s Game
Published: 2017/10/30
Channel: Hibernian Retro
Depardieu hits back at French PM over exile
Depardieu hits back at French PM over exile
Published: 2012/12/16
Channel: euronews (in English)
Hamid Mir asked Nawaz Sharif about his low tax payment ?? what an Answer
Hamid Mir asked Nawaz Sharif about his low tax payment ?? what an Answer
Published: 2009/11/18
Channel: JootayMaro
Putin grants citizenship to Depardieu
Putin grants citizenship to Depardieu
Published: 2013/01/03
Channel: 1337041071
MTG - An Advanced Guide To Legacy Death and Taxes for Magic: The Gathering
MTG - An Advanced Guide To Legacy Death and Taxes for Magic: The Gathering
Published: 2016/09/07
Channel: Tolarian Community College
Mind Your Own Business
Mind Your Own Business
Published: 2016/02/12
Channel: TEA - Topic
F.U.2 - The first album by F.U.2
F.U.2 - The first album by F.U.2
Published: 2016/01/02
Channel: Roberto Lentino
[Path of exile 1.3.0] AbyAegisBreaker Death and Taxes
[Path of exile 1.3.0] AbyAegisBreaker Death and Taxes
Published: 2015/05/17
Channel: dweeble bum
Young Family
Young Family
Published: 2016/02/13
Channel: TEA - Topic
Jethro Tull: First Post/Animelee/Tiger Toon (1973)
Jethro Tull: First Post/Animelee/Tiger Toon (1973)
Published: 2011/06/25
Channel: WilliZBlog
Just Be Yourself (Live)
Just Be Yourself (Live)
Published: 2016/02/11
Channel: TEA - Topic
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WIKIPEDIA ARTICLE

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A tax exile is a person who leaves a country to avoid the payment of income tax or other taxes. It is a person who already owes money to the tax authorities or wishes to avoid being liable in the future to taxation at what he or she considers high tax rates, instead choosing to reside in a foreign country or jurisdiction which has no taxes or lower tax rates. In general, there is no extradition agreement between countries which covers extradition for outstanding tax liabilities. Going into tax exile is a form of tax mitigation or avoidance. A tax exile normally cannot return to their home country without being subject to outstanding tax liabilities, which may prevent them from leaving the country until they have been paid.

Most countries tax individuals who are resident in their jurisdiction. Though residency rules vary, most commonly individuals are resident in a country for taxation purposes if they spend at least six months (or some other period) in any one tax year in the country, and/or having an abiding attachment to the country, such as owning a fixed property.

National rules[edit]

United Kingdom[edit]

A very simplified 'rule of thumb' is that under UK law a person is "tax resident" if that person meets any of the residency tests set out under the Statutory Residency Test introduced on 6 April 2014. The reality of the matter is far more complex and unclear.

United States[edit]

U.S. citizens are required to file U.S. tax returns, even if they do not live in the U.S.

Under the Internal Revenue Code, a United States citizen is taxed on his or her worldwide income, regardless to their place of residence. United States citizens can avoid tax liability only by both moving abroad and renouncing citizenship, but if they continue to earn money inside the United States, they will still be liable for taxes as if they were guest workers[citation needed]. However, United States citizens living abroad are entitled to substantial tax savings through the foreign earned income exclusion.

A permanent resident in the United States is generally treated as a citizen for tax purposes unless his or her residency lapses. An immigrant not legally admitted for permanent residence (such as a guest worker) becomes liable for United States taxes if he or she spends more than 122 days in the tax year in the United States.

Famous tax exiles[edit]

  • Bad Company moved to Malibu, California, in 1975 to avoid what Mick Ralphs described as "ridiculously high tax in England".[1]
  • David and Frederick Barclay live on Brecqhou, one of the Channel Islands, located just west of Sark, and give their address as Avenue de Grande-Bretagne, Monte-Carlo.[2]
  • John Barry, the composer of 11 James Bond films, moved to the United States in 1975 where he resided until his death in 2011.
  • Shirley Bassey started living as a tax exile from the United Kingdom in 1968, and was unable to work in Britain for almost two years.[3][4] She currently lives in Monte Carlo.
  • Marc Bolan relocated from the United Kingdom to Los Angeles in 1973 due to the UK's income tax, staying there until relocating to London in mid-1976.
  • David Bowie moved from the United Kingdom to Switzerland in 1976, first settling in Blonay and then Lausanne in 1982.[5]
  • Michael Caine moved to the United States in the late 1970s to avoid the 83% tax on top earners that existed in Britain at the time. He spent several years in the United States before returning to Britain.[6]
  • Ronnie Corbett and Ronnie Barker spent 1979 in Australia to avoid taxation on their previous year's income.[7]
  • Noël Coward left the UK for tax reasons in the 1950s, receiving harsh criticism in the press.[8] He first settled in Bermuda but later bought houses in Jamaica and Switzerland (in the village of Les Avants, near Montreux), which remained his homes for the rest of his life.[9]
  • Gérard Depardieu, formerly a French national, became a tax exile, taking up an official resident of Néchin, Belgium, on 7 December 2012.[10] Then on 15 December 2012, Depardieu handed back his French passport,[11][12] and on 3 January 2013, was granted Russian citizenship.[13]
  • Marvin Gaye first relocated to Hawaii from Los Angeles to avoid problems with the IRS in 1980. Later that year, he relocated to London following the end of a European tour, then moved to Ostend, Belgium in February 1981.[citation needed] He recorded his final album, Midnight Love (released in March 1982), while living in Belgium.[14]
  • Guy Hamilton, the director of four James Bond films, became a tax exile in the mid-1970s when he was originally hired to direct Superman (1978). Because of the U.K. tax laws, he could remain in the United Kingdom for 30 days a year. As a result, fellow Bond director John Glen has directed five films in the franchise.
  • Stelios Haji-Ioannou was quoted as saying: "I have no UK income to be taxed in the UK."[15]
  • The band Jethro Tull moved to France from Britain in 1973, and while there, attempted to produce a new double album, but abandoned the effort.
  • Tom Jones also moved to Los Angeles for tax purposes following the election of Harold Wilson as British prime minister in 1974, who put income tax up to 83% for top earners.
  • Roger Moore became a tax exile from the United Kingdom in 1978, originally to Switzerland, and divided his year between his three homes; an apartment in Monte Carlo, Monaco, a chalet in Crans-Montana, Switzerland and a home in the south of France.
  • In 1978, the members of the band Pink Floyd spent exactly one year outside of the United Kingdom, also for tax reasons.
  • In early 1970s, some members of The Rolling Stones used trusts and offshore companies to avoid payment of British taxes. According to a 2006 article in the Daily Mail, their holding company was in Holland, where there is no direct tax on royalties, and there were also offices in the Caribbean. The article also says that "they have been tax exiles ever since - meaning they cannot make Britain their main home" and that "The Rolling Stones have paid just 1.6% tax on their earnings of £242 million over the past 20 years."[16] The article also suggests that other performing artists have adopted the same financial arrangements.
  • Cat Stevens became a tax exile from the United Kingdom in 1973 for one year, living in Rio de Janeiro, Brazil, South America.[17]
  • Rod Stewart left the United Kingdom and made his home in Los Angeles in 1975 to avoid the 83% tax on top earners that existed in Britain at the time.

In popular culture[edit]

  • The Tax Exile (1989) is the title of a novel by Guy Bellamy.
  • In various versions ofThe Hitchhiker's Guide to the Galaxy by Douglas Adams, the rock star Hotblack Desiato is reported as "spending a year dead for tax reasons". Also, the character Veet Voojagig "was finally sent into tax exile, which is the usual fate reserved for those who are determined to make a fool of themselves in public."
  • Characters in Michael Frayn's play Noises Off (1982) have to sneak into their home in England because they are tax exiles and will lose their status if it becomes known they are in the country.
  • In the Mad Men Season 2, Episode 11: "The Jet Set" (airdate October 12, 2008), Don Draper meets and spends time in Palm Springs with a group of tax exiles.[18][19]

See also[edit]

References[edit]

  1. ^ "Mick Ralphs Biography". Mickralphs.co.uk. Retrieved 2013-01-23. 
  2. ^ Chris Tryhorn, City correspondent (2004-06-23). "Who are the Barclay brothers? | Media | MediaGuardian". Guardian. Retrieved 2013-01-23. 
  3. ^ Farndale, Nigel (9 May 2003). "The minute she walked in the joint". The Daily Telegraph. London. Retrieved 23 May 2010. 
  4. ^ Roman (6 May 2004). "See CD sleeve notes by Chris White, ''Something'' album". Home.arcor.de. Retrieved 28 January 2011. 
  5. ^ "David Bowie". Montreuxmusic. Retrieved 2013-01-23. 
  6. ^ "Michael Caine comes full circle". WalesOnline. 2009-11-02. Retrieved 2013-01-23. 
  7. ^ Corbett, Ronnie. And it's goodnight from him.... Penguin, 2006. ISBN 978-0-7181-4964-2. p. 194.
  8. ^ Lesley, p. 355
  9. ^ Lesley, Cole (1976). The Life of Noël Coward. Cape. p. 395. ISBN 0-224-01288-6. 
  10. ^ Fraser, Christian (17 December 2012). "Depardieu: French film star stirs tax row". Bbc.co.uk. Retrieved 25 January 2013. 
  11. ^ "Depardieu 'to give up passport' in tax exile row". BBC news. 16 December 2012. 
  12. ^ "Gérard Depardieu : "Je rends mon passeport"". lejdd.fr. 15 December 2012. 
  13. ^ "Executive Order on granting Russian citizenship to Gerard Depardieu". Russian Presidential Executive Office. January 3, 2013. 
  14. ^ "Rocker-actor Lenny Kravitz has reportedly been tapped to portray Marvin Gaye in filmmaker Julien Temple's forthcoming biopic". WENN. Nov 20, 2012. 
  15. ^ Leigh, David Leigh (July 10, 2006). The Guardian.
  16. ^ "Stingy Stones avoid tax on £240m fortune |". Mail Online. Dailymail.co.uk. 2006-08-02. Retrieved 2013-01-23. 
  17. ^ Williamson, Nigel (29 March 2005). "Music is Part of God's Universe". The Guardian. Interview with Yusuf Islam. UK. Retrieved 1 February 2010. 
  18. ^ Franich, Darren (May 15, 2015). "'Mad Men' and the California Dream (Entertainment Geekly: The City of Angels is Don's Heaven and Hell)". EW. 
  19. ^ Murray, Noel (October 12, 2008). "Mad Men: 'The Jet Set'". AVClub TV Reviews. 

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