- Fri Dec 02, 2016 2:44 am
I think the vast majority of us report our taxable income in our home country, not the country we were in when the income was earned. Unless you're working for a local company in a different country, it just does not make sense to report your income in their country.
I'm from Canada and get taxed a minimum of about 20.5% of every dollar I earn! It's kinda crazy haha! I've looked into tax avoidance solutions and found some, but they involve closing my bank accounts and credit cards that I have in Canada, which is a lot of work and currently I just don't want to go through the hassle. However! The longer I see myself paying huge amounts to the government (while not using their resources), the more likely I will be to implement a tax avoidance solution.
What do you do?