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[Music] hi mr. Katrina Haynes from Haynes and associate youre about to watch a brief snippet from one of my webinars Ill be back when its over to give you more information enjoy so what is an income tax treaty what are we talking about and and what what does it what does it mean what does it look like so an income tax treaty is a bilateral agreement agreement between two different governments under which each country agrees to limit or modify the application of its domestic tax law and in an attempt to avoid double taxation so we normally are looking at income tax treaties for taxpayers who are our tax residents of more than one jurisdiction so for anyone whos dealt with us outbound you are aware of the fact that if youre a US citizen or a u.s. green card holder youre required to pay a US tax on your worldwide income whether or not youre living and working in the United States and if you establish your tax residency and another jurisdiction lets say you move overseas to Israel
