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CostaRica2011Member
The saying “don’t expect what you don’t inspect” comes to mind. How would Costa Rica enforce the tax? The IRS knows a great deal about each individual’s income through W-2 and 1099 forms (for interest, dividends, stock sales, contract wages, retirement income, etc). Where would Costa Rica get the information about income earned in other countries?
P.S. And what percentage of Americans actually report income earned in another country?
CostaRica2011Member[quote=”DavidCMurray”]Thank you, DV. so this is a credit, not a deduction, right?[/quote]
Either a deduction or a credit, David. Otherwise people who can’t itemize would be penalized.
CostaRica2011Member1. Bugs
2. Big Bugs
3. Hairy, Big Bugs
4. Killer, Hairy Big Bugs
5. Hungry, Killer, Hairy Big BugsBugs outside = good. Bugs inside = bad. My plan is to keep a couple of chickens around 1) for eggs and 2) for debugging the immediate vicinity around the house. I’ll report back…
CostaRica2011Member[quote=”Scott”]What Is Your #1 Most Important Concern About Living In Costa Rica?
This question is aimed at the VIP Members we have who have yet to make the move to Costa Rica…
1. Our dog being intentially poisoned by a would-be thief.
2. No libraries. I read primarily non-fiction and memoirs. Kindle will be an expensive alternative, but I’m budgeting for it.
3. No Costco return policies. So I’ve been busy buying the things I think we’ll need before we leave.
I wasn’t particularly worried about theft until I read some of the responses. I think my heart would go out to someone who stole only food, and I’d let it be known to our neighbors that a person need only ask. Theft of our computers would be more of a loss and expense, although I subscribe to a nightly backup (Carbonite) so it wouldn’t be devastating. Presumably theft of computers and a flat screen TV would require a truck, so now I’m seriously considering a gate, but won’t leave our dog home alone to act as a guard for fear of her safety…
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