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Account Closed
  • Contractor
  • San Diego, CA
221
Votes |
432
Posts

Capital gains living in Puerto Rico

Account Closed
  • Contractor
  • San Diego, CA
Posted

I heard a podcast where Peter Schiff explained he doesn’t pay federal income tax because he “moved” to Puerto Rico. I got curious and looked up whether Puerto Ricans have to pay capital gains tax, and it sounds like basically.. they don’t (??). Can someone clarify what the deal is with Puerto Rico? Thanks.

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