I am considering staying longer term in Argentina but I see that there is no double taxation treaty with the USA. Does anyone living here have experience with the tax situation for US citizens?
What taxes are you worried about? Do you have any assets here in Argentina? Rental income? In Argentina you will pay taxes on any assets you own (real estate, car, etc).
The reality is that Argentina really doesn't know what you own outside of Argentina. But post a bit more about what you're worried about and where you are making your income and others can post a bit more information.
So the first $120,000 US or so was tax free in the USA of my Argentine income. Actually I also employed my wife so it was around $240,000 or so. It was a little less back then many years ago.
The only caveat is you have to stay out of the USA I think like 330 days of the year.
The internet says that one can discount taxes paid overseas from Argentine taxes. But, it also says pensions are not taxed in Argentina. They are in the US so how would the tax discounting work, or does it actually work at all?
The internet says that one can discount taxes paid overseas from Argentine taxes. But, it also says pensions are not taxed in Argentina. They are in the US so how would the tax discounting work, or does it actually work at all?
