The Expat Files - 07/04/11
- Income and business taxes. What Expats can expect to pay to a corrupt, horribly inefficient, and generally useless tax system that gives you less than nothing back in return (no I’m not taking about the IRS).
- Why extreme underreporting and tax evasion in general, is the Latin national sport (along with soccer… and they call that football?).
- How average locals and astute Expats go about reducing income and business taxes using legal, quasi-legal, and outright illegal methods.
- Why smart Expat small business owners don’t put themselves on their own payrolls, or pay themselves by check (say what?).
- Here’s another excellent reason not to ride the local chicken buses; In the last 5 years, 630 bus drivers were shot to death en route during extortion and robbery attempts. And that’s in Guatemala alone (a country with only 14 million people!).
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