Are You Paying Double Tax? Learn How to Apply the Foreign Tax Credit as a Digital Nomad
Being a digital nomad comes with a lot of perks – the freedom to work from anywhere in the world, experiencing new cultures, and exploring different countries. However, one downside that many digital nomads face is the potential of paying double taxes on their income. Double taxation occurs when an individual is taxed on the same income by two different countries. As a digital nomad, you may be subject to taxation in both your home country and the country where you’re currently residing. This can lead to a significant financial burden and a hassle when it comes to filing your […]