What are the U.S. tax implications from buying stock on foreign markets?

What are the tax implications when filing a U.S.A. tax return when money is made in a foreign stock market? Does the IRS tax income made in foreign countries? Do capital gains in foreign markets count as income made abroad?

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Wouldn’t it make more sense to invest abroad, in order to lower my tax liability in both countries?

Submitted December 27, 2017 at 05:42PM by Econismything http://ift.tt/2E0g1zb