Sr. Guzman,
This Proposed Asset Tax is on DR taxable income.
So what is consider DR taxable income?
1.Pension income from an other country transfer to your DR Bank ? Which I think is usual taxes in the Country of origin.
2.Investment income from a foreign country send to your DR bank account.
If 1 or 2 is consider DR taxable income,What about Countries that have a tax agreement with the DR, for example Canada. (Taxes paid on taxable income in Canada should not be tax a second time in the DR, I think this is the principle of a tax agreement)
I am not a tax expert so Please leave us your comments
Thank you,
XTraveller
This Proposed Asset Tax is on DR taxable income.
So what is consider DR taxable income?
1.Pension income from an other country transfer to your DR Bank ? Which I think is usual taxes in the Country of origin.
2.Investment income from a foreign country send to your DR bank account.
If 1 or 2 is consider DR taxable income,What about Countries that have a tax agreement with the DR, for example Canada. (Taxes paid on taxable income in Canada should not be tax a second time in the DR, I think this is the principle of a tax agreement)
I am not a tax expert so Please leave us your comments
Thank you,
XTraveller