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

To: Candor7

So let’s say that I buy a home and a business in Costa Rica. I move there, maintain a dual citzenship, and run my contracting business. Do I owe anything to the US government?


72 posted on 04/03/2010 8:42:50 AM PDT by snowrip (Liberal? YOU ARE A SOCIALIST WITH NO RATIONAL ARGUMENT.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: snowrip

The IRS will tell you that you pay US Taxes wherever you are, unless they have a tax treaty whereby enforcement is exchanged with the treaty nation then the tax is paid where you are resident for 6 plus months a year.

The chances of them catching you? well it depends on how you do it.


104 posted on 04/03/2010 12:17:34 PM PDT by Candor7 (Now's the time to ante up against the Obama Fascist Junta ( member NRA))
[ Post Reply | Private Reply | To 72 | View Replies ]

To: snowrip

“So let’s say that I buy a home and a business in Costa Rica. I move there, maintain a dual citzenship, and run my contracting business. Do I owe anything to the US government?”

That depends on a number of factors. You would be well advised to speak to a CPA familiar with tax law in Costa Rica & the USA.


164 posted on 04/04/2010 5:31:09 AM PDT by stephenjohnbanker (Support our troops....and vote out the RINOS!)
[ Post Reply | Private Reply | To 72 | 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