Do you have to pay taxes to both countries as a US Citizen investing in the Latvian Stock Market?

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Do you have to pay taxes to both countries as a US Citizen investing in the Latvian Stock Market?

I am a US citizen interested in investing in the Latvian Stock Market. If I do will I have to pay capital gains taxes to the government of Latvia and Income tax in the United States? Also, does anyone know how difficult it is to pay both these taxes? Thank you!

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