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Version actuelle datée du 30 juin 2026 à 13:42

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There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and supply of the salary or fee costs. Foreign residency or extended periods abroad among the tax payer is a qualification to avoid double taxation.

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A personal exemption reduces your taxable income so you get paying lower taxes. You may be even luckier if the exemption brings you with lower income tax bracket. For the year 2010 it is $3650 per person, equal to last year's amount. That year 2008, the amount of was $3,500. It is indexed yearly for blowing up.

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Of course to avoid having to follow through every bit of this, please keep your earnings tax papers in a safe and secure location where you're competent to retrieve them when you need them.

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