Best country for a freelancer / digital nomad post-covid
- Thread starter Ority
- Start date
- Status
Good, you did not see the same problem with a statement like this. "And then what would be the advantage of the PY tax residency if no other country tries to tax you anyway?"
Good, you did not see the same problem here.
In what cases would it be an advantage to have tax residency in Paraguay?
(Hint: You probably don't understand what tax residency is.)
Good, you did not see the same problem with a statement like this. "And then what would be the advantage of the PY tax residency if no other country tries to tax you anyway?"
Good, you did not see the same problem here.
In what cases would it be an advantage to have tax residency in Paraguay?
(Hint: You probably don't understand what tax residency is.)
Good, you did not see the same problem here.
In what cases would it be an advantage to have tax residency in Paraguay?
(Hint: You probably don't understand what tax residency is.)
@NewHorizonsParaguay is right with his statement “Legally, it is not possible to not be a tax resident in any country. If you do not meet the time and substance criteria in any country, the country of your citizenship is your tax residency” and correctly mentioned the criteria that apply. Which is one of the reasons why the legend of PT is just that, a legend.
It has already been discussed here in the past, and a thread by @Sols that used to appear in his signature explains it well.
Of course, this is obvious (not to all, though).
But even when you have no ties to a country you can be taxed there absent other elements, just on the basis of citizenship.
Toggle signature
@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Peter Taradash is also a legend.
No, but honestly let's take Switzerland etc. Once you deregister, they won't tax you anymore. You can even file︀ jointly with your partner and send them your personal income, they don't care where you︁ pay taxes. They tell you that you should file it elsewhere knowing that you may︂ not. And that's not just Switzerland. It is many places.
Of course you need to︃ have some tax is for banking etc. Also having a tax residency somewhere die protect︄ you from claims elsewhere.
But having one somewhere never protects you from claims elsewhere in︅ case you fulfil the tax residence requirements. And I think that's why people here did︆ protest.
No, but honestly let's take Switzerland etc. Once you deregister, they won't tax you anymore. You can even file︀ jointly with your partner and send them your personal income, they don't care where you︁ pay taxes. They tell you that you should file it elsewhere knowing that you may︂ not. And that's not just Switzerland. It is many places.
Of course you need to︃ have some tax is for banking etc. Also having a tax residency somewhere die protect︄ you from claims elsewhere.
But having one somewhere never protects you from claims elsewhere in︅ case you fulfil the tax residence requirements. And I think that's why people here did︆ protest.
Sorry, but no.
Some countries of citizenship do not require to be tax resident elsewhere to become non resident for tax purposes. France is one:︀ you become non tax resident as soon as you don't meet the 3 criteria that︁ make you FR tax resident.
Some countries of citizenship do not require to be tax resident elsewhere to become non resident for tax purposes. France is one:︀ you become non tax resident as soon as you don't meet the 3 criteria that︁ make you FR tax resident.
PT=Perpetual Tourist
Also Peter Taradash, coincidentally rof/%
Hey that's easy then, if you don't want to pay taxes just “deregister” and go on with your life as usual thu&¤#
I only knew about Disneyland.
Toggle signature
@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Good luck with using this argument in court.
Toggle signature
@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Yes. PT believes in PT. Legends writing about legends:
https://www.waterstones.com/book/pt-permanent-tourist/jonathan-braswell/peter-taradash/9798518072725
https://www.waterstones.com/book/pt-permanent-tourist/jonathan-braswell/peter-taradash/9798518072725
The one where you have a judge sitting behind the desk and a prosecutor at your side accusing you of all the bad things you did or did not. Their goal is to take your money”¦
”¦and they will achieve it easily if this is your defense. Sorry.
Toggle signature
@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
I can confirm first hand that (they are) European countries not taxing you once you are deregistered. And that is with the tax guys knowing it explicitly.
Seems like @Sols has updated his signature, I can't find the thread.
And no, you're wrong. There is no such law. There is plenty of case law from e.g. Germany and the UK where people left to sail on their boat for the rest of their lives and the tax authority agreed that those people are no longer tax residents in their home country.
Yes, you could be taxed based on your citizenship, your hair color, your sexual preference or any other arbitrary criteria. The only requirement would be for this to written into a law, like the US has done. Strangely, none of those︀ claiming otherwise are able to point to any such law. The best thing they can︁ come up with is the OECD template for tax treaties - but tax treaties cannot︂ add new tax liabilities, they can only limit existing ones.
There are indeed cases where︃ the country you leave requires you to take up a new tax residency, e.g. Spain,︄ Australia. But they would require you to actually live there. If you just show them︅ your paper residency from Paraguay without any proof that you've properly established yourself there, they︆ will continue to tax you.
The real reason why being a PT is difficult in︇ practice is that people tend to establish bases somewhere. E.g. in their parents' house, or︈ maybe they create some sort of base somewhere else. It's these bases that can create︉ tax liabilities. Or if they return to their home country after 1-2 years, that home︊ country may also claim you were not really "gone", but just on an extended vacation,︋ and then they might also tax you for the time of your absence.
But if︌ you're truly, properly gone, most countries don't tax you.
You can look at this KPMG︍ flowchart for UK tax residency:
https://assets.kpmg.com/content/dam/kpmg/pdf/2016/01/statutory-residence-test-flowchart.pdf
Nowhere in there is citizenship mentioned as a criterion.︎ Because it is not relevant.
And no, you're wrong. There is no such law. There is plenty of case law from e.g. Germany and the UK where people left to sail on their boat for the rest of their lives and the tax authority agreed that those people are no longer tax residents in their home country.
Yes, you could be taxed based on your citizenship, your hair color, your sexual preference or any other arbitrary criteria. The only requirement would be for this to written into a law, like the US has done. Strangely, none of those︀ claiming otherwise are able to point to any such law. The best thing they can︁ come up with is the OECD template for tax treaties - but tax treaties cannot︂ add new tax liabilities, they can only limit existing ones.
There are indeed cases where︃ the country you leave requires you to take up a new tax residency, e.g. Spain,︄ Australia. But they would require you to actually live there. If you just show them︅ your paper residency from Paraguay without any proof that you've properly established yourself there, they︆ will continue to tax you.
The real reason why being a PT is difficult in︇ practice is that people tend to establish bases somewhere. E.g. in their parents' house, or︈ maybe they create some sort of base somewhere else. It's these bases that can create︉ tax liabilities. Or if they return to their home country after 1-2 years, that home︊ country may also claim you were not really "gone", but just on an extended vacation,︋ and then they might also tax you for the time of your absence.
But if︌ you're truly, properly gone, most countries don't tax you.
You can look at this KPMG︍ flowchart for UK tax residency:
https://assets.kpmg.com/content/dam/kpmg/pdf/2016/01/statutory-residence-test-flowchart.pdf
Nowhere in there is citizenship mentioned as a criterion.︎ Because it is not relevant.
Probably written or conceived in 1984, when PT was a cool middle aged p**n actor (respect to the guy). The legend is not stupid, he knew how to navigate the world, but the world has evolved and things have become way more complex.
Toggle signature
@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
It can be very expensive to be delusional 🙁
Toggle signature
@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
@Sols should do something and resume his thread
Correct. A piece of paper alone doesn't suffice.
I'm done when I see KPMG stupi#21
If you like to trust governments and the laws, I wish you a happy and safe life and to never cross paths with a prosecutor.
Toggle signature
@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
And if you don't? A totally fake residency in Antarctica where you obviously only stayed one night for honeymoon certainly won't help much in the courthouse.
Published in
Toggle signature
@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
- Status