You are reading a single comment by @greeno and its replies.
Click here to read the full conversation.
-
Only some countries tax on worldwide income, and it may only depend on whether you are still considered resident there.
But yeah, it would rely on your reporting it on your tax returns, and you can typically claim a foreign tax credit for the tax you have paid where you are living, to offset the tax your home country are asking you to pay. If there is an agreement between the two countries - you wouldn't be double taxed.
Each country would calculate it as per their own tax banding.
EDIT - sorry didn't refresh before greenbanks reply.
greeno
hippy
I've never done a tax return (contractor so accountants and then permie) so I have no idea. Taxing income in another country is a bit rich though, when you have multinationals using this to actively avoid paying tax and I'm just sat on some savings from my birth country. One of my accounts was losing me money until I put enough in it to avoid the bank fees!