Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Labyrinthos
Move to Puerto Rico where full-time residents do not pay federal income tax income earned in PR.

how does that work?

if i moved to bermuda, a british island, and earned $500k without leaving the island, i would still have to pay the 40% fed tax. this is the same no matter which country i move to.

yet, you're saying if i were to base myself in PR, i would only pay the local taxes on my income? why is that?

49 posted on 06/23/2015 3:29:03 PM PDT by sten (fighting tyranny never goes out of style)
[ Post Reply | Private Reply | To 29 | View Replies ]


To: sten

http://www.forbes.com/sites/robertwood/2014/07/04/hate-taxes-move-to-tax-free-puerto-rico-stay-american-avoid-irs/


52 posted on 06/23/2015 5:07:27 PM PDT by Labyrinthos
[ Post Reply | Private Reply | To 49 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson