It’s an age-old scam: The local shopkeeper asks you to pay taxes in the name of your country.
But what if you don’t know your own country, or if your country is not part of the EU?
This is where tax scams come in.
They use this as a way to make money, which is why we’ve listed out some of the best ways to avoid taxes in countries you don,t know about.
If you are unsure about your country’s tax rules, you can check with your local authorities.
In some cases, this is possible, but you can also ask your bank to verify the validity of your claim.
If you do get a response, it can be an important tool in ensuring your compliance.
As an example, let’s say you’re looking for an overseas holiday destination to take your kids to.
You need to confirm that the country is a member of the Schengen area, and your local bank can provide a list of eligible countries for you to check.
If there is a gap between the bank’s list and the list provided by the country, the bank will automatically apply tax in the country of destination, which will add to your tax bill.
It is also worth noting that your local government is likely to have a special form of tax that you will have to file with them.
You may need to provide proof of the tax payment, such as a certificate, bank statement or tax return, if your payment does not have to be submitted to the local government.