Quote:
Originally Posted by Cletus3173
I worked in Brazil a few years back. I was told that you could only be in the US for 29 days in a year. Brazil was tax free for me, but you could only be in country for a total of 182 days or the tax would kick in. Being expat would run the tax around 68%.
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The 182 is exactly correct and it doesn't have to be in a calendar year either, it is revolving. Unless you will stay in Brazil all year like I did it is very much worth not becoming taxable. The cost of accountants in Brazil are expensive and the amount of info Brazil wants to know about your US finances is crazy. Luckily my company paid for my accountants and the taxes throughout the year. Once I would get my US taxes back I would pay my company back for the taxes they paid for me in Brazil. Some companies don't make you do this but for me it wasn't so bad because I got almost 100% of my US income taxes back. It felt good not giving my money to Obama. This was the first year I did and I wanted to cry.... but at least I can go fishing and hunting whenever I want in LA!