The 4-1-1 | Residence-Based Taxation Is A Strategic Investment

The American, July 25, 2026

"Residence-Based Taxation Is A Strategic Investment In The US Economy, Global Interests, And American Citizens Says ACA"

"ACA has always maintained that US citizens living and working overseas are key to creating economic opportunities that benefit all US citizens, both those in the United States and in foreign locations. Whether it be a small one-person consultancy or a team of corporate leadership, who better to create US business opportunities, open new markets, and advance US interests than its own citizens. 

However, Americans are often at a disadvantage when competing for jobs located overseas. When applying for a position, an individual must either accept the reality of double taxation, paying both US income taxes and income taxes of the nation in which they reside on their foreign earned income, or negotiate for "tax equalization" with their future employer (where the employer bears the cost of the double taxation penalty) – something that no citizen of any other developed country must ask for. As a result, both Americans and the United States are at an inherent disadvantage in the global marketplace. Therefore, as Congress moves toward the introduction of RBT legislation, it is important that it be viewed as a tool for global competitiveness."

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