I am reading up about double taxation treaties. This is merely a question list, collated and based on some responses:
- Do the Double Taxation Treaty (between country A and B) imply that you will always pay the rest in your country of origin?
- When are you exempt or qualify for reduced tax rates?
- Based on Offshore earnings, can this be accepted in the form of royalties instead?
If you are employed full time (tax employee) already in your country of residence / origin, and at the same time you are outsourcing your skills in the UK through your offshore company:
- Do you pay double tax (country A and B) on the same income - Yes (according to the DTA document of my country that I have downloaded)
- In addition to the former, paying DT apply while you are a full time resident employee also in your country of origin? meaning double tax (Offshore UK & Origin Country) + employee tax.
- Is it more beneficial to rather open a company based on the list of country treaties between your country and others, while you still reside in your home country?
This is a long list but it will educated me a little more.
- Do the Double Taxation Treaty (between country A and B) imply that you will always pay the rest in your country of origin?
- When are you exempt or qualify for reduced tax rates?
- Based on Offshore earnings, can this be accepted in the form of royalties instead?
If you are employed full time (tax employee) already in your country of residence / origin, and at the same time you are outsourcing your skills in the UK through your offshore company:
- Do you pay double tax (country A and B) on the same income - Yes (according to the DTA document of my country that I have downloaded)
- In addition to the former, paying DT apply while you are a full time resident employee also in your country of origin? meaning double tax (Offshore UK & Origin Country) + employee tax.
- Is it more beneficial to rather open a company based on the list of country treaties between your country and others, while you still reside in your home country?
This is a long list but it will educated me a little more.
