Brussels Times - New American Pope could still be subject to ‘absurd’ U.S. tax system
The shadow the IRS looms over the Vatican following the election of the first-ever American pope, Leo XIV.
The Brussels Times, which targets the international community in and around the capital of Europe, quoted Tax Fairness for Americans Abroad on the absurd tax situation facing the new pope, Leo XIV, because of his American citizenship.
"The prospect of an American pope having to renounce his citizenship to avoid having the US Treasury scrutinise his personal finances (and those of the entire Vatican) underlines the absurdity of the U.S. system," Brandon Mitchener, executive director of Tax Fairness for Americans Abroad, told The Brussels Times.
The current US system "imposes double taxation and financial exclusion on millions of Americans abroad," he said.
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