Property income ( new York) earned by a U.S.A citizen who left kenya 5 years ago and acquired U.S.A citizenship is it taxable in kenya?
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Apr 2
Property income earned in New York by a U.S.A citizen who left Kenya 5 years ago and acquired U.S.A citizenship is not taxable in Kenya. Kenya taxes its residents on their worldwide income, but since the individual is no longer a resident of Kenya and is a citizen of the U.S.A, they would not be subject to taxation on their property income in New York in Kenya. However, they may still be required to report and pay taxes on this income in the U.S.A. It is recommended to consult with a tax professional to ensure compliance with all relevant tax laws.