If i come to HK to work, do i need to pay tax in US or in HK?

Question

I am an American and i work in US company for a long time. Now i want to come to HK to work.

Answer 1

You pay both if it is a HK company. If it is a US company you pay only Social Security and the 1st 80-90,000USD is exempt. You can deduct your HK taxes from your US tax return.

Answer 2

Both, most likely.

As a US citizen you are subject to US taxation of your worldwide income from all sources. There are tax benefits to US citizens and residents living and working overseas that may or may not reduce your tax bill.

You may be eligible for the Foreign Earned Income Exclusion or you may elect to take a credit on your tax return for foreign income taxes paid. To claim the exclusion you MUST file a timely return, including any approved extensions. If you miss the filing deadline the exclusion is lost and you may only take the tax credit.

Get a copy of IRS Pub 54 from the IRS website. It will tell you pretty much everything that you need to know about US taxes and living and working overseas.

Answer 3

your pay will be taxed before you receive a check. You will be taxed in the US just like a citizen will be...sorry