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Originally Posted by Pornopat
woow! Some great answers here!
I did not know about a proposed taxation law and that I would still have to pay personal income tax.
Thanks.
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The proposed new tax regime failed in the supreme court (Sala IV). It's currently in a state of flux but prob unlikely to be raised as an issue anytime soon. The flip side it the country does need a method of revenue collection and chances are this will happen at some future time.
Currently any revenue earned off the net and pulled into CR is tax free, however it's prob worth planning up front and anticipating possible taxation and Panama may provide an avenue.