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I have been looking for a long time for this info. It is actually difficult to find. Thank you.

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This is very helpful! Thx

Que terminal es ahí. ?

Out of all the CZcams videos on this subject, yours was the most clear to me.

😅 *promosm*

Not true for many aspects, this is very bad information.... 1st of all: You lose your temporary residency card if you spend more than half year outside the country (183 days) 2: Mexico has a worldwide taxation system, meaning that as long as you are resident in Mexico i.e. you stay more than 183 days per year in the country, you are considered tax resident in Mexico 3: If you run your business or are self-employed in Mexico while staying in the country for more than 183 days, your Place of Effective Management is in the country therefore you need to pay taxes ON the income generated WHEREVER in the world. 4: Assuming you stay less than 183 days, you are not considered a Mexican Tax Resident, but this doesn't mean you won't get paid in any country, this is a dream, in this case, you'd be taxed on the country of last domicile, or wherever you have a central of interest, this can be family, homes, cars, your citizenship country 5: The reality is that this is trying to find loopholes to justify tax evasion, for now it seems their enforcement is not that great but this doesn't mean that it won't cause any problem in the future

Some states also have local income tax…and sometimes there could be several local taxes. For example, a person earning $150,000 in wages in Portland, Oregon, will be paying federal income tax (+social security and Medicare), Oregon Income Tax, Oregon Statewide Transit Income Tax (and additional 0.1% state tax to fund public transit), Portland Arts tax (a $35 fee to fund arts education), Portland Metro Supportive Homeless Services tax (a 1% tax to fund homeless services), and the Multnomah County Preschool for All tax (a 1% tax to fund preschool programs). So all in all, we’re looking at 2 state income taxes as well as 3 local income taxes (one of which is a flat $35 fee, but the other 2 are a percentage). So living in Oregon, one can say that you’re taxed not once, not twice, but 4 times (or 6 times, depending on how you count it). And I’m not even mentioning self-employment income, which would entail a Tri-Met Transit District tax, the Portland Business License Tax, and the Multnomah County Business Income Tax all in addition to the other taxes already mentioned.

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The sheer amount of regulations we have to navigate on the daily is immense! It's wonderful you're advising people on how to do things well, and smart.

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