Income tax in Colombia?

poco says on Apr 1, 2009, 18:31:

Quote: I just don't know if the money I send her is taxable
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A good question,, I don't know about Canada but It's all in the paperwork. Get a piece of paper from a notary or ???

Heck,, I'd print my own and make a copy and put it in the file. It's the truth,, she didn't work,, ask Canada to call down there a check it out..

GET THE PAPER.

PS: I hate taxes,, really, if it appears I'll get taxed on income,, I stop making money. Not smart but it's part of poco's "stick it to em" tax plan.

Colombian Chickens are crowing about the new President of the U.S. who will assure that From each according to their ability to each according to their need.

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DiegoRey says on Apr 3, 2009, 20:21:

Because of similar laws between US (IRS) and Revenue Canada, it is unlikely that money you send (money that has been taxed previously) would be taxable as income as it is essentially a "gift" between spouses and gifts are not taxable. When a US citizen receives a "gift" of MORE than $100,000 from abroad, it is reportable to the Treasury as information but not taxable. However, trying to verity the absence of income to a spouse in Colombia is a problem that can be solved only by someone in their taxation department, or whatever it might be called.

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Terry2 says on Apr 3, 2009, 21:05:

Thanks guys...
Diego... that's the problem... trying to find out if Colombian Nationals have an income tax system similar to ours. Even if we heve no income, it is reported as such. When I ask my wife about income tax, I get the ' deer in the headlights stare'. No comprendo. I thought that perhaps the Colombian govt issued a taxation report similar to ours that make a O income declarable and of course traceable. This is what the Canadian govt is looking for. I think for the time being I will just declare single.......

Thanks for the info
Terry

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