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#cbtax

Top Voted Definition for #cbtax

#CBTax means Citizenship Based Taxation (CBT) as opposed to Residency Based Taxation (RBT). The hashtag is used to criticize the US government for taxing American Citizens living abroad as the US is the only country in the world who has such system. All other countries use RBT. CBT is unfair and causes double taxation of Americans Abroad.

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Added on Jan. 30, 2017 by fedupusexpat

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