Chris Christie’s Tax Dodge Explained

Darrin T. Mish

Tax Attorney • 32+ Years Experience

Most of what you've read online about IRS problems is wrong, or at least misleading. I'm Darrin Mish. I practice tax law in Tampa and I've been doing this for 32 years. Here's what's actually true.

www.huffingtonpost.com — Chris Christie repeatedly has said that U.S. corporations are taxed twice on income earned abroad, claiming in one speech that IRS officials “don’t recognize the tax you paid to a foreign country.” That’s false.

It’s true that the U.S. is “one of the few countries in the world,” as Christie put it, that subjects foreign earnings to both U.S. and host-country income taxes. But the IRS provides a foreign tax credit to prevent double taxation.

Read more about Chris Christie’s Tax Dodge Explained

Check out more IRS News stories by clicking that link.