foreign income
Money from abroad
Foreign income is money earned from sources outside one's country of residence or citizenship.
The term appears most often in tax contexts, where governments may tax citizens on worldwide income or offer exemptions for earnings abroad: She had to report her foreign income on her tax return.
Foreign income includes wages, investment returns, rental payments, and business profits originating in another country.
- royaltiesOngoing payments to creators
- dividendsProfits paid to shareholders
- remittancesPayments sent abroad
- offshore accountsBank deposits in other countries
- shell companiesLegally registered but inactive businesses
capital gains · withholding tax · consulting fees · repatriation · salary · business profits · tax havens · bank secrecy · corporate tax · interest payments · compliance · cross-border · offshore · treaty · tax evasion · reporting · pension · balance of payments
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