[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vp / vr / w / wg / wsg / wsr / x / y ] [Home]
4chanarchives logo
If I get paid into a bank account in Country 1 and regularly
Images are sometimes not shown due to bandwidth/network limitations. Refreshing the page usually helps.

You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 4
Thread images: 1
File: i_044.jpg (64 KB, 400x567) Image search: [Google]
i_044.jpg
64 KB, 400x567
If I get paid into a bank account in Country 1 and regularly withdraw money from it via ATM in Country 2, where I am a permanent resident, does this count as taxable income in the second country?

(Let's ignore the status of the bank account in the first country for the time being.)

Not American, so no worldwide citizenship tax.
>>
Refer to the laws of the Country 2. If Country 1 thinks its taxable income there's not much they can do about it. If Country 2 does then they can get you.
>>
>>1084233
Thinking of opening a personal account to receive income in the Emirates, or Dubai. No income tax there.

Would this income be recognised as off-limits by a European tax authority?
>>
If you set up an LLC in Dubai and don't repatriate the funds to the EU you should be fine. As I mentioned before though, consult the laws of the country you live in. They can take very different ideas of what is considered income and when you have to pay taxes on what.
Thread replies: 4
Thread images: 1

banner
banner
[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vp / vr / w / wg / wsg / wsr / x / y] [Home]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
If a post contains personal/copyrighted/illegal content you can contact me at [email protected] with that post and thread number and it will be removed as soon as possible.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com, send takedown notices to them.
This is a 4chan archive - all of the content originated from them. If you need IP information for a Poster - you need to contact them. This website shows only archived content.